Comparative management is the study and analysis of how management differs in various environments. The study and analysis focus on the differences in management styles based on geographic locations; dynamics and personalities of the management team and employees; and size of the company or corporation.Continue Reading
Comparative management theories examine leadership differences associated with processes of operation, human interactions, social systems, decision making and productivity strategies in a variety of workplace settings, including both large and small corporations, companies and educational institutions across the world. An analysis of each company's management strategies and leadership qualities is often the basis for training in the workplace, especially when working in multicultural environments.
Comparative management studies aid corporations and companies in recognizing how to function and cooperate when conducting multinational business transactions. For example, as an executive travels from one country to another, information from comparative management studies can prepare him for social customs, expected proper etiquette and the attitudes about professionalism and the workplace in general within another culture.
According to the Journal of Management International Review, as more and more companies work with international representatives or conduct business outside of the United States, the need for comparative management studies becomes increasingly important.Learn more about Managing a Business