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Management Question

Description

2 students answered the discussion below, so I need 2 comments for each
student.
Discussion:
In your company’s management development program, there was a heated
discussion between some people who claimed, “Theory is impractical and
thus no good,” and others who claimed, “Good theory is the most practical
approach to problems.” What position would you take and why? (Reading:
Chapter 1)
Embed course material concepts, principles, and theories (which require
supporting citations), along with two scholarly peer-reviewed references in
support of your answer.
Be sure to support your statements with logic and argument, citing all
sources referenced.
The answer of student number 1:
In response to the statement, “Theory is impractical and thus no good,” versus “Good theory
is the most practical approach to problems,” I would argue in favor of the latter, as good
theory provides a foundation for solving practical problems effectively.
The importance of theory in management is underscored by its role in offering structured
frameworks that guide decision-making and problem-solving. As Schindler (2022) explains,
theories allow managers to abstract from the complexity of real-world problems and see
underlying patterns. For instance, the use of management theories like systems theory or
contingency theory enables managers to predict outcomes based on established principles,
thereby reducing uncertainty in decision-making.
Moreover, good theories are grounded in empirical research, making them highly applicable
to practical scenarios. Mintzberg’s theory of managerial roles, for example, provides insights
into the diverse responsibilities of managers, which can be directly applied to improving
managerial efficiency (Schindler, 2022). In contrast, without a theoretical foundation, decisionmakers are more likely to rely on intuition, which can lead to inconsistent results.
Supporting this view, Whetten (1989) emphasizes that good theory enhances understanding
and supports better decision-making by offering clarity and providing systematic insights. He
notes that theory bridges the gap between abstract thinking and practical application,
ensuring that solutions are not just reactive but strategically aligned with long-term goals.
Therefore, dismissing theory as impractical overlooks its crucial role in providing actionable
insights based on tested and proven frameworks.
In conclusion, while some may view theory as abstract, its real value lies in guiding effective
action through structured thinking and empirical evidence, making it indispensable for
practical problem-solving.
References:
Schindler, P. S. (2022). Business research methods (14th ed.). McGraw-Hill Education.
Whetten, D. A. (1989). What constitutes a theoretical contribution? Academy of Management
Review, 14(4), 490-495.
My Comment: between 100 – 150 words.
Answer:
The answer of student number 2:
The claim that “Good theory is the most practical approach to problems” holds
substantial merit, especially in the context of business research and management. The
primary purpose of a theory is to provide a systematic explanation of phenomena by
identifying relationships among variables. This explanation then serves as a guide for
decision-making and problem-solving.
1. The Role of Theory in Research and Practice
Theories play a crucial role in the development of knowledge and in bridging the gap
between abstract concepts and practical applications. As (Schindler & Cooper, 2019)
suggests, “theory helps in predicting future events, providing explanations, and
offering guidance for action” (Schindler & Cooper, 2019)
This aligns with the principle that good theory is inherently practical because it is
designed to be applied to real-world situations. For instance, in management, theories
about leadership, motivation, and organizational behavior are directly applied to
improve team dynamics and enhance productivity.
2. Theory as a Framework for Decision-Making
Theories provide a framework that can simplify complex realities, allowing managers
to make more informed decisions. This is particularly true when the theory is wellgrounded in empirical research. A sound theory enables managers to anticipate the
outcomes of their decisions, thereby reducing uncertainty and risk. (Eisenhardt &
Graebner, 2007) , theory helps in making sense of complex phenomena by providing
a lens through which problems can be viewed and analyzed.
3. The Dangers of Dismissing Theory
On the other hand, the notion that “theory is impractical and thus no good” may stem
from a misunderstanding of what theory is and how it should be used. Dismissing
theory can lead to a reliance on intuition or anecdotal evidence, which can be highly
variable and context-dependent. This approach often overlooks the rigorous testing
and validation that good theories undergo, which is designed to ensure their reliability
and applicability across various contexts.
4. Bridging the Theory-Practice Gap
The key challenge lies in ensuring that theories are accessible and relevant to
practitioners. This involves not only developing theories that are grounded in realworld data but also translating these theories into actionable strategies. (Corley &
Gioia, 2011)
, bridging the theory-practice gap requires collaboration between academics and
practitioners to ensure that theoretical insights are both practically relevant and
empirically validated.
References
Corley, K. G., & Gioia, D. A. (2011). Building Theory about Theory Building:
What Constitutes a Theoretical Contribution? Academy of Management
Review, 36(1), 12–32.
Eisenhardt, K. M., & Graebner, M. E. (2007). Theory building from cases:
Opportunities and challenges. Academy of Management Journal,
50(1), 25–32.
Schindler, P. S., & Cooper, D. R. (2019). Business research methods.
Mcgraw-Hill Education.
My Comment: between 100 – 150 words.
Answers:

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