Taylor's principles of scientific management and Fayol's principles of management are mutually complementary. Both of them evolved their principles through practical experience and brought them forward to the world through their books. Both of them realized the importance of management in industrial progress. As a result, they endeavoured to develop a rational and systematic basis of management. However, the two [...]
The changing trends in social, technological, political, economic and other environments discussed above are likely to create new challenges for the managers. High degree of professionalisation will be needed if the managers have to deal with the challenges effectively. Professionalisation of management requires expert knowledge of management theory and practices, training in management techniques and sensitivity to social responsibilities. To [...]
After reading this article you will learn about the advantages and disadvantages of different types of organisation:- 1. Advantages and Disadvantages of Line Organisation 2. Advantages and Disadvantages of Staff Organisation 3. Advantages and Disadvantages of Functional Organisation 4. Advantages and Disadvantages of Committee Organisation. 1. Advantages and Disadvantages of Line Organisation: Advantages of Line Organisation: Following are the advantages [...]