Management thought evolved over four major periods: (1) before 1880 focused on practical experience, (2) 1880-1930 saw the development of scientific management theory, (3) 1930-1960 expanded to consider human behavior, and (4) post-1950 embraced modern theories drawing from various fields to understand managing organizations.

1. Unit-1
Evolution of
Management
thought
(History of
Management)

2. ● Management thought refers to the theory
that guides management of people in the
organization.
● Initially management theories were
developed out of the practical experience of
the managers in the industrial organization.
Later on, managers borrowed ideas from
several other fields of study like science,
sociology, anthropology, etc.
Management thought

3. ● To understand the entire concept of evolution of the management thought, the topic is
divided into 4 major stages, which are as follows:
● Pre-scientific management period (before 1880)
● The Classical theory of management (1880-1930)
● The Neo-classical theory of management ( or behaviour approach) (1930-1960)
● Modern theories of Management (1950 onwards)
Approaches/ theories/ thoughts of
Management