The intent of this paper is to establish a comnrellensive conceptual framework for the problem of managerial behavior and to investigate some of the critical components of the framework. Distinctive dimensions of managerial behavior and of situational variables were defined by factor analysis. The dimensions of managerial behavior were then correlated with effectiveness criteria to identify significant situational influences. A larger number of situational variables were found to influence the relationship between dimensions of managerial behavior and productivity than between these dimensions and morale. The importance of situational variables in influencing the effectiveness of managerial behavior is clearly shown in the results of this study.