21st century management
21st CENTURY MANAGEMENT
Management function is one of the most significant social activities. Management has been present in this world since the commencement of societies. Administration is the skill, or knowledge, of reaching targets via individuals. As administrators also organize, administration may be inferred to mean accurately “looking over” i.e., making sure people do what they are supposed to do. More broadly, management is the process of designing and maintaining and environment in which individuals, working together in groups, efficiently accomplish selected aims (Koontz and Weihrich 1990, p. 4)
In nascent cultures almost every individual had to do manual labor. To avoid this burden from their shoulders, every person remains with the choices of going into politics or religion. Educated metropolitan societies headed to greater expertise, produced innovative professional substitutes to manual labor, and a work environment is established where the person who is working is differentiated with non-working class. Today in this 21st century, business is facing with many challenges like globalization, information technology, diversity and ethics. So a manger should know that how to adapt frequent changes in the business environment, what are the need of his product/service beneficiary which is the consumer and in which way he/she can take maximum output with effort from his/her resources.
Philosophies are viewpoints with which individuals make sense of their world experiences (Stoner et. al. 1995, pp. 31-2). Theory is a systematic grouping of interdependent thoughts and doctrines that provide a framework to, or link together, a significant area of information. Scattered data are not information if the viewer has knowledge of the theory that will describe connections. Theory is “in its lowest form a classification, a set of pigeon holes, a filing cabinet in which fact can accumulate. Nothing is more lost than a loose fact” (Homans 1958, p. 5). Popular
Management function is one of the most significant social activities. Management has been present in this world since the commencement of societies. Administration is the skill, or knowledge, of reaching targets via individuals. As administrators also organize, administration may be inferred to mean accurately “looking over” i.e., making sure people do what they are supposed to do. More broadly, management is the process of designing and maintaining and environment in which individuals, working together in groups, efficiently accomplish selected aims (Koontz and Weihrich 1990, p. 4)
In nascent cultures almost every individual had to do manual labor. To avoid this burden from their shoulders, every person remains with the choices of going into politics or religion. Educated metropolitan societies headed to greater expertise, produced innovative professional substitutes to manual labor, and a work environment is established where the person who is working is differentiated with non-working class. Today in this 21st century, business is facing with many challenges like globalization, information technology, diversity and ethics. So a manger should know that how to adapt frequent changes in the business environment, what are the need of his product/service beneficiary which is the consumer and in which way he/she can take maximum output with effort from his/her resources.
Philosophies are viewpoints with which individuals make sense of their world experiences (Stoner et. al. 1995, pp. 31-2). Theory is a systematic grouping of interdependent thoughts and doctrines that provide a framework to, or link together, a significant area of information. Scattered data are not information if the viewer has knowledge of the theory that will describe connections. Theory is “in its lowest form a classification, a set of pigeon holes, a filing cabinet in which fact can accumulate. Nothing is more lost than a loose fact” (Homans 1958, p. 5). Popular
References: Koontz Harold and Weihrich Heinz (1990) Essentials of Management, Fifth Edition, McGraw-Hill. Homans G. C. (1958) The Human Group (New York: Harcout, Brace and World). Stoner James A. F., Freeman R. Edward, and Gilbert, Jr. Daniel R. (2003) Management, Sixth edition. Schermerhorn Jr., John R., Dr James G. Hunt, and Dr Richard N. Osbom Organizational behavior, 2008 Robbins, Stephen P. and Timothy A. Judge Organizational Behaviour (13th Edition), 2008