Principle of Management different type of approaches

2. BY-JENISHA GANDHI
MODERN APPROACHES OF
MANAGEMENT

3. MODERN APPROACHES:-
 QUANTITATIVE APPROACHES
 SYSTEM APPROACHES
 CONTINGENCY APPROACHES

4. 1.QUANTITATIVE APPROACHES
 HISTORY:-
During world war-2, mathematician, and
other scientist joint together to solve
military problem. The Quantitative school
of management is a result of the research
conducted during world war -2

5. QUANTITATIVE APPROACHES
 QUANTITATIVE APPROACHES INVOLVES THE
USE OF QUANTITATIVE TECHNIQUES TO
IMPROVE DECISION MAKING.

6. QUANTITATIVE APPROACHES
 EOQ :- ECONOMIC ORDER QUANTITY
[OPTIMUM INVENTORY LEVEL]
 TQM :- TOTAL QUALITY MANAGEMENT
[CUSTOMER’S NEED & EXPECTATION]

7. WHAT IS
TQM?
 FOCUS ON
CUSTOMER
 IMPROVEMENT
 PROCESS
FOCUSED
 QUALITY
IMPROVEMENT
 MEASUREMENT
 EMPOWERMEN
T OF
EMPLOYEES

8. TODAY’S USE QUANTITATIVE
APPROACHES
 CONTRIBUTED DIRECTLY TO MANAGEMENT DECISION MAKING
IN THE AREA OF PLANNING AND CONTROLLING.
 MANAGER MAKING BUDGETING, SCHEDULING, QUALITY
CONTROL, DICISIONS THEY TIPICALLY RELY ON THE
QUANTITATIVE TECHNIQYES.
 AID IN DEVELOPING MODELS, EQUATIONS, AND FORMULA HAS
MADE THE USE OF QUANTITATIVE TECHNIQUES.

9. 2.SYSTEM APPROACHES
 A SYSTEM IS ASET OF INTERRELATED AND
INTERDEPENDENT PARTS ARRANGED IN A
MANNER THAT PRODUCES A UNIFIED WHOLE.
 TWO BASIC TYPE:-
1.CLOSED SYSTEM [DO NOT INTERACT WITH THEIR
ENVIRONMENT]
2.OPEN SYSTEM [DO INTERACT WITH THEIR
ENVIRONMENT]

10. OPEN SYSTEM EXAMPLE:-

11. MH-7 SHOWS IN DIAGRAM OF AN ORGANISATION
WHEN OPEN SYSTEM

12. MH-7
 HARD ELEMENTS:-
 1. STRATEGY
 2.STRUCTURE
 3.SYSTEM
 SHOFT ELEMENTS:-
 1.SHARED VALUES
 2.SKILL
 3.STYLE
 4.STAFF

13. 3.CONTINGENCY APPROACHES
 CONTINGENCY APPROACHES BASED ON
PARTICULAR VARIABLES RELATED TO THE
ENVIRONMENTS.
 CONTINGENCY APPROACHES WERE
DEVELOPED IN THE LATE 1960.

14. POPULAR CONTINGENCY VARIABLES:-