Explanation of management, Management Theories

Assignment Help:

Definitions of management:

1. Productive and efficiency oriented: F.W.Taylor - 'The art of knowing what you want to do and then seeing that it is done in the best and the cheapest way'. (75% analysis and 25% common sense)

2. People oriented:  "The manager works with a specific resource -Man. He develops people." It is workers' motivation that controls workers' output.

3. Decision making and leadership oriented: Stanly - 'In essence management is simply processes of decision making and control over the action of human beings for the express purpose of attaining pre-determined goals'.

4.Result or goal oriented: "Management is the accomplishment of result by the efforts of other people."

5.  Functional or processes oriented: Management is an organ and organs are explained only through their function and it is not importance but the function that differentiate various groups within the enterprise. Benefits of thinking management as processes are as follows: -

i.    Management is dynamic.
ii.    Management activities are continuous.
iii.    Change is the way of life in organisation.
iv.    It is comprehensive approach as it embraces the major task of managing.
v.    It harnesses the executive action of the mission of the firm.

6.    Environmental oriented: Koontz and Weihrich - "Management is the processes of designing and maintaining an environment in which individuals working in groups effectively accomplished selected aims

7.    Eclectic explanations: Eclectic approach consists of "taking the best from what is available" in management thought

 


Related Discussions:- Explanation of management

Explaning the context and importance of the problem, Decision makers often ...

Decision makers often rely on what are called policy briefs to summarize information about a problem and help them make decisions.   In this exercise, you will read what is called

Card systems , Card Systems With the increase in the number of readers...

Card Systems With the increase in the number of readers using libraries, it became necessary to devise some method of identifying both the book and the borrower. Thus the two

Panel design, Panel Design: A permanent set of experimental units used...

Panel Design: A permanent set of experimental units used in marketing research investigations is known as panel .Panel can be used both for exploratory and conclusive research

Learnrning organization, importance of learning organization as a tool to i...

importance of learning organization as a tool to improve productivity

Situation analysis, This assessment aims to begin the planning process and ...

This assessment aims to begin the planning process and to encourage creative thinking as a means to developing and designing the final project report. It should be used to provide

Trends in management, give an account of emerging trends in management?

give an account of emerging trends in management?

Analog model in operation management , Define Analog Model in Operation Man...

Define Analog Model in Operation Management? Definition of Analog Model: A model in which one physical property is used to represent another physical property.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd