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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

Top 12 Theories of Management Thought

This article throws light upon the top twelve theories of management thought developed by famous management thinkers. Some of the theories are: 1. Theory of Peter F. Drucker 2. Theory of Michael Porter 3. Theory of Tom Peters 4. Theory of Michael Hammer 5. Theory of Peter Senge 6. Theory of C.K. Prahlad 7. Theory of Mary Parker Follett 8. [...]

By |2016-08-09T07:56:37+05:30August 9, 2016|Management Theories|Comments Off on Top 12 Theories of Management Thought

System Approach Theory of Management: Features and Evaluation

After reading this article you will learn about:- 1. Features of System Approach 2. Evaluation of System Approach 3. Limitations. Features of System Approach: Following are the important features of systems approach to management thought: 1. System approach considers the organisation as a dynamic and inter-related set of parts. Each part represents a department or a sub-system. Each department has [...]

By |2016-08-09T07:56:37+05:30August 9, 2016|Management|Comments Off on System Approach Theory of Management: Features and Evaluation
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