This slide presentation will help students understand how management evolved and the significant approaches to make organizations more productive, effective, and efficient.
Report on how the Management Theory has evolved over the years.
Submitted for the module "Introduction to Management" during the 2nd semester of the Transport and Logistics Management Degree Program at University of Moratuwa
Report on how the Management Theory has evolved over the years.
Submitted for the module "Introduction to Management" during the 2nd semester of the Transport and Logistics Management Degree Program at University of Moratuwa
Frederick W. Taylor (1856-1915)
Father of “Scientific Management.
attempted to define “the one best way” to perform every task through systematic study and other scientific methods.
believed that improved management practices lead to improved productivity.
Three areas of focus:
Task Performance
Supervision
Motivation
Scientific management incorporates basic expectations of management, including:
Development of work standards
Selection of workers
Training of workers
Support of workers
Evolution of management theory,Scientific Management School
Classical Organization Theory school
Behavioral School
Management Science School
The System Approach
The Contingency Approach
Dynamic Engagement Approach
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.
Chapter 02 The Evolution of Management ThinkingRayman Soe
Richard L. Daft addresses themes and issues directly relevant to both the everyday demands and significant challenges facing businesses today. Comprehensive coverage helps develop managers able to look beyond traditional techniques and ideas to tap into a full breadth of management skills. With the best in proven management and new competencies that harness creativity, D.A.F.T. is Management!
Frederick W. Taylor (1856-1915)
Father of “Scientific Management.
attempted to define “the one best way” to perform every task through systematic study and other scientific methods.
believed that improved management practices lead to improved productivity.
Three areas of focus:
Task Performance
Supervision
Motivation
Scientific management incorporates basic expectations of management, including:
Development of work standards
Selection of workers
Training of workers
Support of workers
Evolution of management theory,Scientific Management School
Classical Organization Theory school
Behavioral School
Management Science School
The System Approach
The Contingency Approach
Dynamic Engagement Approach
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.
Chapter 02 The Evolution of Management ThinkingRayman Soe
Richard L. Daft addresses themes and issues directly relevant to both the everyday demands and significant challenges facing businesses today. Comprehensive coverage helps develop managers able to look beyond traditional techniques and ideas to tap into a full breadth of management skills. With the best in proven management and new competencies that harness creativity, D.A.F.T. is Management!
Speaker: Bonnie L. Kuehl
Science doesn't make sense to most people; it's like a foreign language they can't understand, let alone speak. Scientific Insights works with companies and organizations to translate science into a language they understand. Bonnie will tell us her story and how she and her fellow scientists work with companies to communicate science in a clear and practical manner.
For more information and the webcast: http://www.marsdd.com/Events/Event-Calendar/Ent101/2008/Science-and-business-do-mix-20080130.html
Richard L. Daft addresses themes and issues directly relevant to both the everyday demands and significant challenges facing businesses today. Comprehensive coverage helps develop managers able to look beyond traditional techniques and ideas to tap into a full breadth of management skills. With the best in proven management and new competencies that harness creativity, D.A.F.T. is Management!
Chapter 06 Managing Small Business Start-UpsRayman Soe
Richard L. Daft addresses themes and issues directly relevant to both the everyday demands and significant challenges facing businesses today. Comprehensive coverage helps develop managers able to look beyond traditional techniques and ideas to tap into a full breadth of management skills. With the best in proven management and new competencies that harness creativity, D.A.F.T. is Management!
Concepts of Management,Theory & School of Management,.pptxParthGupta524776
Management is the process of planning, organizing, directing, and controlling resources (people, finances, materials, and information) to achieve organizational goals effectively and efficiently. It involves coordinating the efforts of people to achieve the goals and objectives of an organization using available resources efficiently. Management is essential at all levels of an organization and in all types of organizations, whether it's a small business, a government agency, a non-profit organization, or a multinational corporation.
Managerial ethics and corporate social responsibilityKnight1040
Social responsibility is a firm’s obligation, beyond that required by law and economics, to pursue long-term goals that will enhance the welfare and interest of the society and the organization as well.
The study of motivation is complex. It is a significant study for managers because employees when motivated are stimulated to achieve organizational goals. Employees who are motivated remain focus in a systematic way. Without a knowledge of motivation managers are in danger of guiding the behaviour of subordinates and make mistakes towards the desired outcomes of the organization.
The fundamentals in this slide presentation are important in understanding the concept of planning, the various types of plans, and the strategic management process
The expectancy theory demonstrates the importance of rewards in relation to the effort-performance ratio. This lesson extends the knowledge of goal setting as a means of motivation employees to reach high levels of performance and satisfaction. At the end of the lesson students should be able to:
Explain how performance is affected by goal setting.
State the effects of goal setting on job satisfaction and performance.
Describe reward systems for fostering high performance.
The dynamic organizational environment has lead to significant structural changes in order to remain in business and gain the competitive edge. In addition, new technological developments is influence much of the change, certainly in the offering of quick and reliable customer service. The topic of organizing is very relevant as a managerial function. This presentation is aimed at:
Defining the concept of organizing.
Describing the various types of organizational structure.
Explaining the connection between structure and strategy
The study of motivation is complex. It is a significant study for managers because employees when motivated are stimulated to achieve organizational goals. Employees who are motivated remain focus in a systematic way. Without a knowledge of motivation managers are in danger of guiding the behaviour of subordinates and make mistakes towards the desired outcomes of the organization.
Organizations do not exist in a vacuum. They are constantly being affected by external forces which determine an organization’s effectiveness and performance. Therefore, it is imperative for the management of any organization to examine components of their firm’s external and internal environments to understand the dynamic and far-reaching changes that are occurring. This presentation focuses on the environmental factors that companies need to analyze for developing strategic options.
At the end of this tutorial students should be able to:
Understand the importance of the influencing forces with in an organization’s environment .
Describe the general and task environments.
Perception is important for understanding individual differences because how people perceived a situation determines how people behave. Perception is part of that personal dimension that makes people see situations differently as well as shapes their attitude in terms of their work environment. This lesson seeks to help students:
1. describe the major elements of the perceptual process;
2. identify the main factors that influence what individual perceive; and
3. Identify factors that determine how one person perceives another.
this slide presentation should assist students in explaining the basic sources of personality determinants and identifying some personality traits that affect behaviour.
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Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
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[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
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Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
2. Overview Careful study of the historical patterns of management helps us to understand the circumstances of change and the implication of change. At the same time, we are in a better position by analyzing the past approaches to management to improve and create new perspectives that will advance the management of organizations.
3. Objectives At the end of the lesson, students should be able to: identify and explain the major developments in the history of management thought. Understand how the historical forces influence the practice of management. Describe the major components of the various management perspectives.
4. What is meant by the classical perspective of management The classical perspective of management is divided into three sub fields, each with a different focus: Scientific management Bureaucratic organizations Administrative principles
5. Scientific management The theory of scientific management developed by Frederick Taylor . The perspective of management focused on two important aspects : Improving labour productivity through scientific changes. Adopting management practices that are based on fact and not guesswork Frederick Taylor (1856-1915)
6. Scientific management Taylor was able to set standards, increased productivity, and used incentives as rewards. Other important contributions to the theory of scientific management: Henri Gantt, who developed the Gantt chart to measure planned and completed work; Frank and Lillian Gilbreath who pioneered time and motion studies – indentifying and measuring a worker’s physical movements when performing a task and analyzing the results.
7. Scientific management Features of scientific management: develops standards for a job, selects workers with appropriate abilities, trains workers, and provides wage incentives Current uses: Assist human resource personnel in analyzing job tasks to achieve maximum productivity in the workplace. The use of money as an incentive to boost productivity. Highlights the importance of employee selection and training to increase productivity.
8.
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10. Bureaucratic organizations Summary Weber’s organization of bureaucracy : division of labour, hierarchy, rules and procedures, written decisions, promotion based on qualifications, and separation of management and ownership. Weber believed that an organization exhibiting these features would be more efficient and adaptable to change, for him, such systems would maintain continuity. Bureaucratic features are dominant in the operations of many government today.
17. Administrative management Fayol contended that for managers to be successful they need to apply certain principles to their management functions. He proposed 14 principles of management.
18. Administrative management Principles of management: Division of labour– by dividing work into smaller elements and assigning specific elements to workers, the work can be performed more efficiently and more productively. Authority and responsibility – Managers must have authority to give orders so that work can be accomplished. Discipline – disciple was needed to ensure smooth operation of the business and respect for the rules.
19. Administrative management Unity of Command – each employee should receive orders from only one manager. Subordination of individual interests to the common good - the goals of the organization should take precedence over the interests of individual employees. Unity of direction – Similar activities in an organization should be grouped together under one manager. Remuneration of personnel – financial compensation should be fair both to the individual employee and the organization.
20. Administrative management Centralization – power and authority should be concentrated at the upper levels of management. With managers maintaining final responsibility. Scalar chain – A single, uninterrupted chain of authority should extend from the top level to the lowest level of the organization Order – materials should be in the right place at the right time, and workers should be assigned job best suited for them.
21. Administrative management Equity – managers should display friendliness and fairness to all. Stability of personnel tenure – high rates of employee turnover are inefficient and should be avoided. Initiative – employees should be given the freedom to take initiative in carrying out their work. Esprit de corps – team spirit and harmony should be promoted among all workers to create a sense of organizational unity.
22. Behavioural perspective The behavioural perspective arose during the early decades of the 20th century when the industrialized countries were experiencing many social and cultural changes. This perspective of management can be divided into two sub-fields: Human relations perspective Human resources perspective
23. Human relations perspective Hawthorne Studies began in 1924 ( lead researcher, Elton Mayo) Findings: Productivity increases as a result of human behaviour phenomenon and not a cause of any physical event. The experiments revealed that when workers in groups perceived that special attention was paid to them, productivity increased. Factors not specific to management may directly influence productivity and job satisfaction. Elton Mayo
24. Behavioural perspective Human resource perspective – jobs should be designated to meet higher-level needs by allowing workers to use their full potential. Douglas McGregor – developed Theory X and Theory Y, a theory of two contrasting views of how managers view their subordinates.
25. Behavioural perspective Chester Bernard focused on top-level management, the executives. He felt that executives must established and maintain communication systems among employees . He also regarded organizations and social systems that required employee cooperation and continuous communications. Executives were responsible formulating objectives and purpose of the organization, as well as motivating employees. Chester Bernard
26. Quantitative perspective Quantitative perspective (management science approach) is characterized by the use of mathematics, statistics, and other quantitative techniques for management decisions-making and problem solving
27. Quantitative perspective 4 basic features of the quantitative approach: Decision-making focus - the focus of the quantitative approach is on problems situations that require some direct action on the part of management. Measurable criteria – to make a rational selection, the alternatives must be compared on the basis of some measurable criterion e.g. objective, cost, return on investment, or output rate
28. Quantitative perspective Quantitative model – Quantitative modes such as equationsand formulas are used to examine relationships. Computers – using computers in problem-solving for extreme complex quantitative formulations.
36. Contingency view Perspective of management proposing that the best managerial approach is contingent on key variables in a given situation. This view tells us that what works in one setting might not work in another. Management job is to search for important contingencies by identifying patterns and characteristics of the organization that can fit solution to those characteristics.