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Contemporary Management Thought

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Popular management theory

Type Z model organizations attempt to integrate parts of the Japanese model of management (collective decision making, slow evaluation and promotion, and holistic concem), individual responsibility from the U.S. model of management, and variations of other aspects of management models to create a hybrid model of management.

The concem for excellence is an approach used by firms who have a basic set of characteristics that leads them to excel. These characteristics include getting things done on time, staying close to the customer, using hands-on management, and doing what the company knows best among others.

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