Principles of Management

guide to contingency approach of management

Contingency Theory of Management

Definition of Contingency Approach of Management Contingency approach/theory is also called situational approach or practical approach. This approach suggests that there is probably no best way to solving management problems in all organizations, problems vary as the situation changes thus the way of handling problems should change in accordance with situation changes. Paul Lawrence, Jay …

Contingency Theory of Management Read More »

a guide to Management Science Theory

Management Science Approach Definition, Contributions, and Limitations

Understanding Management Science Theory/Approach Management science theory is also called mathematical, quantitative, and operational research approach. Management science theory emphasizes on applications of mathematics and statistics for decision making and solving management problems. This theory focuses on solving technical problems rather than human relation problems. And computer programs are used to analyze the problems. This …

Management Science Approach Definition, Contributions, and Limitations Read More »

Following Human Relations Approach

Elton Mayo’s Human Relations Theory to Management

Understanding Human Relations Approach Introduced by Elton Mayo According to the human relations approach, the ultimate satisfaction of the workers/employees in the working environment is the key to achieve organizational goals and increase productivity. In earlier studies on scientific management and administrative management, there were only focus on workers as productive factors. But Elton Mayo …

Elton Mayo’s Human Relations Theory to Management Read More »

administrative management theory

What is Administrative Management Theory? Get Explained

Understanding Administrative Management Theory Introduced by Henri Fayol Henry Fayol, a French Industrialist and a Mining Engineer by profession developed the theory of administrative management. This theory concerns the comprehensive conceptual framework, general organization, and management that are applicable in all organizations. This theory argued that for the achievement of organizational goals there should be …

What is Administrative Management Theory? Get Explained Read More »

scientific management process

Scientific Management Principles and Definition

Understanding Taylorism and Scientific Management Theory Scientific management is the application of scientific methods of study and analysis of the organization to solve problems. Scientific methods of problem-solving approach include research, investigation, and experiment, collection of data, data analysis, and formulation of certain principles so as to solve organizational problems for goal achievement. The main …

Scientific Management Principles and Definition Read More »

principles of management

14 Basic Principles of Management

Henri Fayol’s 14 Principles of Management The practice of management is based on specific disciplines which are known as principles of management. Management principles are the facts and truth gained through deep observation and experiment. Many scholars have introduced the many principles at different times through their research and investigation one of them a scholar …

14 Basic Principles of Management Read More »

emerging management challenges

Emerging Challenges for Management That Todays Business World Face

Emerging challenges for management For the better management of the organization, the managers must be able to adjust to the emerging new challenges. Some emerging challenges for management are: Globalization of Business Ethics and Social responsibility Workforce diversity Empowerment Technology Building a Competitive Advantage Development of the environment Quality and productivity Innovation and change Knowledge …

Emerging Challenges for Management That Todays Business World Face Read More »

10 management roles

Managerial Roles and Functions in an Organization

Roles of a Manager in an Organization Management roles refer to the specific type of managerial behavior. The roles of the manager are the responsibilities or tasks to perform. All managers working at different levels of the organization need to perform various roles according to their job responsibilities and authority. Henry Mintzberg, a prominent researcher, during …

Managerial Roles and Functions in an Organization Read More »

levels of management

Levels of Management/ Management Hierarchy

3 Levels of Management/ Management Hierarchy In every organization there are 3 levels of management 1) Top-Level Management, 2) Middle-Level Management, and 3) Lower-Level Management. They all are categorized on the basis of their strength, knowledge, capability, and authority level. The top-level manager is responsible for defining the overall objectives of the organization, the middle-level …

Levels of Management/ Management Hierarchy Read More »