Definition: Management by Exception is an employee empowerment and management style, policy or philosophy wherein managers intervene only when their employees fail to meet their performance standards or when things go wrong. If the personnel are performing as expected, the manager will take no action. Time and effort should not be wasted focusing on employees or parts of the organization where things are going smoothly. |
More on decision making: Centralization, Chain of Command, Decentralization, Delegation, Employee Empowerment, more on decision making... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
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