Management Styles, Motivations, and Involvement in the Business

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Compare and Contrast Nate and Julia Burstein's Management Styles
Management is very important in running an organization. The managers give directions to the other employees on what and how to do. However with the dynamics in business, management styles differ from one business to the other depending on the type of business and the industry that it operates (Kraft 140). Therefore, choosing the best style in business aids and contributes to the success of a business. In comparison, the two used the autocratic way of leadership where most of the decisions regarding the operation of the company were vested on the top managers. This is evident as we can see that they acted as the CEOs of the company and therefore they were final on any decision concerning the company activities in the market. In this way, the company would carry on its business activities smoothly and in an efficient way since decisions were concluded at an early stage.
On the other hand, the two tend to be different as Nate tends to use more of administrative type of management whereas Julia focuses on the scientific one. Nate is more concerned on the nature and management of the business. Moreover, the conscience towards technical efficiency of the business is of great importance. In this regard, their way of operation has also changed as they try to take in new ideas that will help solve the organizations problems. On the issue of employee motivation, the two have been promoting and enhancing the working conditions of their employees through remuneration that has made the employee work to achieve the businesses goals and objectives.
Unique Characteristics of the Elasto Therm set it Apart from Other SME's
The different characteristics exhibited by business enterprises are a determinant on how successful a business might be in the future. Elasto Therm stands tall in comparison to other businesses in the market in terms of its success. The business recorded a high number of sales in comparison to others. One of the characteristics that distinguish the business from other manufacturers is that the business was focused more on innovations that aided in the discovery of new and more preferential products to the customers. Moreover, unlike the small manufacturers the business was also focused on growth. The owners were determined to visualize the bigger picture of the business in reality (Safko 122).
For example, the company was able to increase on their sales through cost efficiencies and use of the best strategies in the market. The pricing pol...