Training and Development
Management Theory: Theory of Asymmetric Management Information
Management science is the study of the supervisor-subordinate relationship. Because both of them are human beings, the highest aim of management is to handle well the interpersonal relationship, and the highest level of management is to satisfy the pursuits of subordinates. Humans have three major needs and pursuits: as the advanced animal, they have three animal instincts – desires for food, sex, and self-defense; meanwhile, as a special kind of advance animal, they also have consciousness in addition to animal sensations. Demands generated by consciousness are rational demands that are measurable, representing a higher level of needs, such as employment objectives, marriage and family and political democracy; spiritual needs, such as love, beliefs and delicacies represent the highest level of needs, even higher than rational needs and are not measurable. The differences of needs and pursuits lie in that fact that needs are objective, while pursuits are not always followed; in the real world, the two are concurrent most of the time (over 90%). By applying the perspectives and approaches of life and medical sciences, the Theory of Asymmetric Management Information is able to address the inherent problem of information asymmetry between supervisors and subordinates, so as to meet the aspiration of the latter as effective as possible, while fully mobilizing their initiatives and potential to realize the objectives of the former.