Management Science I Prof. M.Thenmozhi Indian Institute of Technology Madras EVOLUTION OF MANAGEMENT THEORY Dr.M. Thenmozhi Professor Department of Management Studies Indian Institute of Technology Madras Chennai 600 036 E-mail: mtm@iitm.ac.in Management Science I Prof. M.Thenmozhi Indian Institute of Technology Madras • Early management theory consisted of numerous attempts at getting to know these newcomers to industrial life at the end of the nineteenth century and beginning of the twentieth century
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ADMINISTRATIVE VIEW OF MANAGEMENT The Administrative Management It is a term that used by the managers and executives responsible for coordinating and improve the performance of the entire function of the groups ‚ units across and organization. Henri Fayol ( 1841 – 1925 ) Henri Fayol a French industrialist has wrote a book title Administration Industrialle et Generalle in 1916 ‚ according to his book theories about management he thought could be applied to the management of any organization
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Organizational and Management Theories December 4‚ 2011 Dr. Rhonda Polak Abstract The purpose of this paper is to explain why reframing can be so important to a business. In today’s world‚ businesses must stay on top of the competition and in touch with the ever-changing world of technology. Over time‚ a business can become stagnant‚ may be running on cruise-control or run out of new ideas. Sales may even start to slip with new competition affecting the bottom line. Initially a business is organized
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consensus of authors‚ experts‚ reporters and basically anyone familiar with the story is that greed is ultimately responsible for the corporation’s demise. This is essentially true and self management theory explains why the Enron executive’s greed did not work out so well for them and the company. Self management is a set of strategies such as self-reward‚ self-punishment and self-monitoring that a person uses to influence and improve his or her own behavior through identifying personal objectives
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HSC3067 OUTCOME 1 Theories of management and leadership Trait theory : People are born with inherited traits‚ some of which are suited to leadership‚ people who make good leaders have the right or sufficient number of traits. Command and control theory: Only leader knows best – context‚ issues‚ solutions. Leader is expert and is the only person with the complete overview. Others follow willingly‚ or through power and pressure. Characterised by status‚ sought control‚ hierarchy and power differentials
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The Management Of Theory Jungle It was Harold Koontz who introduced the concept of Management Theory Jungle. ’Management Theory Jungle’ was made in an environment where the development of management theory had escalated over a period of two decades. This has resulted to confusion and conflict which many theories have entangled in it. As such‚ it is seen as a jungle. Koontz defined the management theory jungle by identifying and classifying major management theory. Six schools of thoughts were
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1. What inspiration may the present day school managers draw from the management theories and concepts of: 1.1. Frederick Taylor 1.2. Henry Fayol 1.3. Max Weber 1.4. Elton Mayo 1.5. Douglas Mc Gregor 1.6. Contingency Model of Management ANSWER: Different Management Theories provide school heads with opportunity to enhance their knowledge and skills in operating and managing an organization. Definitely‚ these became very essential to managers for it helps them to maximize their capabilities
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PRINCIPLES AND PRACTICES OF MANAGEMENT SUBJECT CODE –B-101 PART ONE Multiple Choice Questions with Single Response: Q1. A Plan is a trip laid to capture the ___________________ a. Future b. Past c. Policy d. Procedure Q2. It is the function of employing suitable person for the enterprise: a. Organizing b. Staffing c. Directing d. Controlling Q3. _________________ means “group of activities & employees into departments.” a. Orientation b. Standardization c. Process d. Departmentation
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an element of management‚ comprised of validating whether all activities follow the plan adopted‚ the established principles‚ and instructions issued. Accordingly‚ Fayol intimated that the objective of control in an organisation is to recognise inaccuracies in order to amend them and avoid their reappearance (Smith & Boyns‚ 2005). Efficient control should be founded on swift action. According to Lewis (2007) Fayol was also able to appreciate its integrative effects on other management elements since
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MANAGEMENT THEORY AND PRACTICE Q1. Explain Decision Making Process and various types of Decision with examples? Ans. Decision making is six step process. 1) IDENTIFYING AND DIAGNOSING THE PROBLEM. The first stage of decision making is identifying and diagnosing a problem or opportunity. Once a problem has been recognized‚ the decision maker begins to look for the causes of the problem. This requires gathering information‚ exploring possible causes‚ eliminating as many causes
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