Archive | Management

Classification of Management Theories: 4 Schools of Thought

Management theories can be classified into four main schools of thought: 1. Pre-Scientific Management Theory 2. Classical Theory 3. Behavioural Theory 4. Modern Management Theory. 1. Pre-Scientific Management Theories: If we look at recorded history, a number of monumental examples of management can be traced. The Sumerian civilisation, Egyptian, Chinese, Greek and Roman civilizations represent significant practices in management. They [...]

By |2016-08-09T07:56:38+05:30August 9, 2016|Theories|Comments Off on Classification of Management Theories: 4 Schools of Thought
Read More

Scientific Management: Essence, Significance and Limitations

After reading this article you will learn about:- 1. Essence of Scientific Management 2. Significance of Scientific Management 3. Limitations. Essence of Scientific Management: Taylor advocated that principles of scientific management could succeed only if there was 'complete mental revolution'. Rather than management and workers having conflict with each other over sharing of organisational profits, mental revolution aimed at fusion [...]

By |2016-08-09T07:56:38+05:30August 9, 2016|Management|Comments Off on Scientific Management: Essence, Significance and Limitations
Read More

Management Science and Scientific Management: Comparison

After reading this article you will learn about the comparison between management science and scientific management. Difference between Management Science and Scientific Management: Management Science: 1. It focuses on overall decision-making process. Technical efficiency or technology is a means rather than an end to arrive at optimum decisions. 2. It emphasises on mathematical models for planning and control. The impact [...]

By |2016-08-09T07:56:38+05:30August 9, 2016|Management|Comments Off on Management Science and Scientific Management: Comparison
Read More
Go to Top