What is contingency theory in management? Contingency theory is a management theory that argues there is no single best approach to management; instead, it asserts that effective leadership is ...

A chief executive's management style has a direct effect on the success or failure of a company. Situational contingency theory recognizes that leadership in a board room setting uses a different ...

The basis of contingency theory in management is that there is no one best way to handle any task or process. Whether organizing an entire company or planning a production work flow, the best solution ...