Man-301 Written Assignment 1 Essay

1483 Words Jul 23rd, 2016 6 Pages

Question: Define and discuss the different theories of management, using practical examples from your experience or knowledge. Compare classical management theory to any contemporary management theory.

Over more than 200 years, since the Industrial Revolution of late 1700s, humans have evolved as a better managers by learning from their past (successes and failures) and improving their skills. Scholars have attempted to define this evolution of management into six major theories or schools of management. From oldest to more recent, they are the Classical Management theory, the Behavioral Management theory, Quantitative Management
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All the positions and their roles and responsibilities are well defined and much controlled as in a closed bureaucratic organization.
The biggest breakthrough came in human relationships. The Behavioral Management theory took one step further addressing the human needs of the employees and view them as valuable asset to be developed over time. The managers started making extra efforts to interact with their subordinates to understand their needs and to find out what makes them motivated, excited and committed. Under this theory, managers are focused on the human behavior, to care about the employee’s sentiments, to be nice to them and to treat them with consideration. Today, all the organizations have dedicated human resource department that looks over the welfare of the employees. They address issues such as safer work environment, continued education, career advancement, health and retirement. My company realized my needs and my desire for advancement, and therefore decided to assist me with returning back to school to finish my undergraduate study and start my MBA.
Next came the Quantitative Management theory that emphasizes mathematical approaches to management problems. Under the Management science, mathematical models based on measurable well defined variables provide managers quantitative basis to make sound decisions. Relying on today’s powerful computer systems (Management Information System – MIS), managers are able to get up-to-date information and use

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