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6. Pricing is management.
Pricing is top management's responsibility: to find that one point where customers
are happy and the company is most profitable.
12. Always be cheerful and positive; hold great dreams and hopes in the pureness of
your heart.
Management Philosophy
My management philosophy was a lot different than my competitors because I placed more
emphasis on certain areas that no one else did.
The company had a very conservative management philosophy. Consequently, they did not spend
lavishly or give large raises, but maintained the status quo.
If you want to make sure that everyone in your work place respects you then you should always
stick to your management philosophy.
Steps
1.
1
Open the introduction to your management philosophy with a brief
statement about what you consider to be best management practices.
2.
2
Expand on your statement in the body of the text.
3.
3
Describe which management strategies you adhere to and why.
It's not only important to explain where you learned the strategy-
which can allow you to touch upon your education�but also how
they proved effective in your personal experience. Provide
examples of how these strategies helped you in professional
situations and how they benefited the company.
Use quotes from scholars and management authorities. Make sure
all quotes are correct and choose authorities that are recognized in
your field.
4.
4
Conclude your management philosophy with a summary of your statement,
the ideal relationship between manager and employees, your role and your
view on management strategies. Tell the reader how your management
philosophy helps guide you to your professional goals as a manager.
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Tips
Keep your management philosophy primarily focused on 1 main topic
instead of launching into too many ideas. This will keep the reader
engaged without confusing him or her.