Management theories could be termed as the very foundation of a business operations, it could be either to manage its people or functioning of the whole system. The business managers are responsible for taking advantage from the knowledge of it and applying the best suited approach and approved ways to carry out business activities in an organization. Management theories saw its very origin significantly over conventional times of top-down domineering paradigms to a better human focused modern transformation.
The present scenario permits an organization to choose from various management theories and apply the best suited on the lines of the vision of the company.
Every organization utilises the management theories on the basis of their systems of functioning. It is very obvious that a company would utilise more than one management theory to carry out its business operations. The traditional theories are utilised, having a modern touch in it, in terms of upgraded technological use or management practices.
The very origin of principal management theories and its approaches are the results of the various circumstantial repercussions and intellectual efforts. Management theories saw its very origin significantly over conventional times of top-down domineering paradigms to a better human focused modern transformation. Concerns to manage a large number of workers during industrial revolution gave boost to learn the management. Following that Scientific management theory of Taylor was propounded and building on that, theory of bureaucratic management of Max Weber came into being. Numerous theories were developed with the change in the environmental impact being human relations management theory, administrative management theory of Henri Fayol, Theory of behaviour Science, Management science.
The management theories are very much prevalent in a modernised approach without challenging its very foundation. The scientific theory of management propounded by Frederick Taylor. This approach utilises data and assessments to turn organization more efficient. By doing so, the administrators are capable of extracting actual data which is required for the efficient functioning and profiteering of the business. There is a set standard to collect the data and the theory is based on rewards and punishments. This approach is basically for those organizations which runs on mechanised operations.
The scientific management theory finds its very presence in nearly all the contemporary manufacturing businesses and many other kinds of enterprises too. The impressions of this theory could be found in the planning of production, process design, production control, quality check etc.
Max weber constructed on the scientific theory with his bureaucratic management theory in a way that he replaces production systems with the human resource management. This theory stress on distinctively designed job roles for the staff and the administration founded on levels which establishes authority and gives a clear picture who is the boss and who is the subordinate. Weber proposed with the help of his theory that those companies which establishes extensive and definite standards for their operation proceedings, for all the undertakings of an everyday disposition would have an efficient and smooth work culture with prosperous results.
The application of this theory could be seen in various bureaucratic departments, such as the universities, military, police, business processes at various regions.
In today’s world it would be difficult to utilise single management theory to all the organizations as each company work differently on the basis of their aspired business outcomes. The tech companies like Google, IBM implies the human relations theories where an individual potential is given preference and accordingly the individual utilises his talent to innovate something new which is non-existent in the market.
So, the traditional management theories are very much present in the present business scenarios but not in all organizations. It has its core presence in the companies which best suits it not like those times when there use to be an era where all the organizations no matter selling what followed the one same theory of managing its people and operations.
Management theories and its approaches are the results of the various circumstantial repercussions and intellectual efforts. Management theories saw its very origin significantly over conventional times of top-down domineering paradigms to a better human focused modern transformation. Concerns to manage a large number of workers during industrial revolution gave boost to learn the management. The traditional management theories have seen a transformation since time immemorial to be made suitable to the present business environment and for the smooth functioning of the organization. It can not be said their presence cannot be seen, but we can say an upgraded version of them are prevalent in modern organizations.
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