This document provides an overview of several classic management theories: Frederick Taylor's Theory of Scientific Management focused on improving efficiency through time and motion studies and paying workers based on productivity. Henri Fayol proposed 14 principles of management including division of work and unity of command. Max Weber distinguished authority from power and described bureaucracy as having division of labor, rules, and impersonal relationships. Elton Mayo found that the Hawthorne Effect led to increased productivity when workers felt important through novel changes even if minor.
There are several theories which explain the organization and its structure .Classical organization theory includes the scientific management approach, Weber's bureaucratic approach, and administrative theory.
Management is the art of securing maximum results with a minimum of effort so as to secure maximum prosperity and happiness for both employer and employee and give the public the best possible service.
~John Mee
The document provides an introductory glimpse of management and the history of its evolution.The document also illustrates the nature, characteristics and importance of management. Various levels of management and managerial skills are also illustrated. The document also provides information to distinguish management and administration. Certain theories of pioneers are also mapped onto the document.
A process of monitoring , comparing ,correcting performance and taking action to ensure desired results.
It sees to it that the right things happen, in the right ways, and at the right time
Part of Management Process. How the management process evolved from the early years.
Many experts contributed for this evolution. I compiled the list and little bit history along with the theory developed by each contributor for this process.
There are several theories which explain the organization and its structure .Classical organization theory includes the scientific management approach, Weber's bureaucratic approach, and administrative theory.
Management is the art of securing maximum results with a minimum of effort so as to secure maximum prosperity and happiness for both employer and employee and give the public the best possible service.
~John Mee
The document provides an introductory glimpse of management and the history of its evolution.The document also illustrates the nature, characteristics and importance of management. Various levels of management and managerial skills are also illustrated. The document also provides information to distinguish management and administration. Certain theories of pioneers are also mapped onto the document.
A process of monitoring , comparing ,correcting performance and taking action to ensure desired results.
It sees to it that the right things happen, in the right ways, and at the right time
Part of Management Process. How the management process evolved from the early years.
Many experts contributed for this evolution. I compiled the list and little bit history along with the theory developed by each contributor for this process.
Early management theories relevant to the modern worldAlina Cobuz
This research report aims to identify how early management theories have an impact on modern strategies implemented in businesses. The three main theories that are to be analyzed were established and proposed by Max Weber, Henri Fayol and Frederick Taylor in the 20th Century.
Early management theories relevant to the modern worldAlina Cobuz
This research report aims to identify how early management theories have an impact on modern strategies implemented in businesses. The three main theories that are to be analyzed were established and proposed by Max Weber, Henri Fayol and Frederick Taylor in the 20th Century.
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Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
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Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
2. DEFINITION
Management theories are the set of general rules that
guide the managers to manage an organization. Theories
are an explanation to assist employees to effectively relate
to the business goals and implement effective means to
achieve the same.
3. GENERAL MANAGEMENT
THEORIES
1. Frederick Taylor – Theory of Scientific
Management
2. Henri Fayol – Administrative
Management Theory
3. Max Weber - Bureaucratic Theory of
Management
4. Elton Mayo – Behavioral Theory of
Management ( Hawthorne Effect )
4. FREDERICK TAYLOR
Theory of Scientific Management
Taylor’s theory of scientific management
aimed at improving economic efficiency,
especially labor productivity. Taylor had a
simple view about what motivated people
at work - money. He felt that workers
should get a fair day's pay for a fair day's
work, and that pay should be linked to the
amount produced. Therefore he introduced
the DIFFERENTIAL PIECE RATE SYSTEM of
paying wages to the workers.
5. Taylor's Differential Piece
Rate Plan
If Efficiency > Standard then
120 % of Normal Piece Rate
= (Units Produced)x(Normal Piece Rate) + (1.20)x(Normal Piece
Rate)
If Efficiency < Standard then
80 % of Normal Piece Rate
= (Units Produced)x(Normal Piece Rate) + (0.80)x(Normal
Piece Rate)
6. PRINCIPLES OF SCIENTIFIC
MANAGEMENT
Four Principles of Scientific Management are :
Time and motion study - Study the way jobs are performed
and find new ways to do them.
Teach , train and develop the workman with improved
methods of doing work. Codify the new methods into rules.
Interest of employer & employees should be fully
harmonized so as to secure mutually understanding
relations between them.
Establish fair levels of performance and pay a premium
for higher performance.
7. HENRI FAYOL
Administrative Management Theory
Henri Fayol known as the FATHER OF MANAGEMENT
laid down the 14 principles of Management :
Division of Work Equity
Discipline Initiative
Authority and responsibility Esprit De Corps
Subordination of Individual
Interest to General Interest
Stability Of Tenure
Remuneration Unity Of Direction
Centralization Scalar Chain
Order Unity of Command
8. MAX WEBER
Bureaucratic Theory Of Management
Weber made a distinction between authority and
power. Weber believed that power educes obedience
through force or the threat of force which induces
individuals to adhere to regulations.
According to Max Weber, there are three types of
power in an organization :-
Traditional Power
Charismatic Power
Bureaucratic Power Or Legal Power.
9. FEATURES OF BUREAUCRACY
1. Division of Labor
2. Formal Hierarchical Structure
3. Selection based on Technical Expertise
4. Management By Rules
5. Written Documents
6. Only Legal Power is Important
7. Formal and Impersonal relations
10. ELTON MAYO
Behavioral Theory Of Management
Elton Mayo's experiments showed an increase
in worker productivity was produced by the
psychological stimulus of being singled out,
involved, and made to feel important.
Hawthorne Effect, can be summarized as
“Employees will respond positively to any
novel change in work environment like better
illumination, clean work stations, relocating
workstations etc. Employees are more
productive because they know they are being
studied.