Do you think one management principle or practice is always applicable to every organizational situation i.e. problem? This contingency theory of management has given us an answer to this question. Let’s see. What is Contingency or Situational Theory of Management? The contingency theory of management holds the belief that the best management practice is situational….
What is System Theory of Management? System theory of management refers to the goal-oriented mechanism composed of different parts that interact and are interrelated in a way that the collective efforts of all parts are greater than the sum of their individual parts. In simple words, the system theory views an organization as a system…
Have you ever thought about how many types of people work in the organization? Are all they motivated to work or do just they come to sit and earn money? To this question, McGregor has given us the answer – he stated there are two types of people i.e. employees in the organization one is…
What is Decision Theory? The decision theory of management holds the belief that a manager should make rational decisions. A manager involved in the decision-making process should make quality decisions that have a significant impact on managerial effectiveness, organizational efficiency, and productivity which are the basis of organizational success. The decision theory of management was…
Suppose you are working in an organization with a rigid structure and you are only viewed as a working machine. Your sentiments, feelings, attitudes, and perceptions are totally ignored. Would you work in such an organization? I think not. To reduce such practices the human relations theory is considered a pioneer and has a great…
Principles of Bureaucracy Theory Bureaucracy can be defined as the structure of an organization that has formality and impersonality in its operation. Max Weber as a father of bureaucracy provided us with six different principles that bureaucratic organizations operate on. As a member of the classical movement of management Weber’s goal was to increase the…
What is the Bureaucratic Theory of Management? The bureaucratic theory of management developed by Max Weber, states that for an organization to be efficient and effective in its goal achievement needs to be more authoritative, rigid, and structured. It is the management of the business with a clearly defined managerial process. Max Weber’s (1864-1920) bureaucracy…
Principles of Scientific Management F.W. Taylor has given us five principles of scientific management to strengthen the efficiency and productivity of the organization. Taylor’s focus was on operational workers and the supervisory level of managers to increase their working efficiency. Scientific management means using scientific tools to bring efficiency to operations. It has proved how…
What is Administrative Management Theory? Administrative management theory is concerned with the management of the whole organizational structure. It consists of making a formal structure, maintaining managerial hierarchy, creating different departments, determining key functions & responsibilities, and division of labor in the workplace. It focuses on creating different work and functional groups and assigning them…