3. INTRODUCTION
EVOLVED THROUGHOUT THE AGES OF PRE & POST INDUSTRIALISATION ERA
GENERAL GUIDELINES FOR DECISION MAKING AND ACHIEVING MISSION
CONTRIBUTED SIGNIFICANTLY TO CREATE A COHESIVE WORK ENVIRONMENT
AIMS TO ENHANCE PRODUCTIVITY
EMPHASIZES ON BOTH THE QUANTITATIVE & QUALITATIVE DIMENSIONS
4. TYPES OF MANAGEMENT THEORIES
Classical Theory [1880 – 1920] –:
Efficiency & Effectiveness
Neo-Classical Theory [1920 – 1950] –:
Person centred
Modern Theory [1950 – UP] –: Holistic
Chaos Theory [1960s] -: Adaptive
5. COMPARISON & LIMITATIONS
• Rigidity
Classical Theory
• Inefficient
Neo-Classical
Theory
• Obsolescence
Modern Theory
• Short – term forecast
Chaos Theory
6. CONCLUSION
• MODERN PRACTICES HAVE ROOTS OF EARLIER SCHOOL OF THEORIES
• IMPLICATION ON MANAGERIAL & LEADERSHIP STYLES
• LARGELY ALTERED BY COMPLEXITIES & MULTIPLICITY IN ORG
• BRIDGES THE GAP BETWEEN SUBJECTIVISM & OBJECTIVISM
• UNIFICATION OF ALL SCHOOL OF THOUGHTS IS UNLIKELY