Discuss The Advantages And Disadvantages Of Management Theory

Maslow’s Theory can be applied to many areas of human action and interaction, including management strategies of employee motivation. To fully understand how a hierarchy of needs can be applied to management, we must first look at the original work of Abraham Maslow and how it defines needs as motivational factors.

Management theories are utilized in various organizations in an effort to increase organizational effectiveness and service delivery. The management theory that an organization decides to adhere to will vary based on the type of organization, as well as, the services and/or products that it offers. Therefore, it is not uncommon for an organization to use multiple theories when implementing strategies in the workplace.

The management theories included the scientific management theory, classical organization theory, the behavioral school and management science school.

The organisational process that includes strategic planning, setting objectives and managing resources, deploying the human and financial assets needed to achieve objectives, and measuring results constitute elements of what we regard as management. (Brooks, 2005) It is directed towards the achievement of aims and objectives through influencing the efforts of others. Management theories are deployed to guide our day-to-day activities and interventions in order to increase productivity of our organisation and to find out the best possible way of carrying out business activities. Most managers today, make use of more than one management theory when implementing strategies in the workplace, and the two most popular management theories include; Classical management theory, human Relations theory.

Nowadays we have new implementing plans for management. The different theories of management are: classical, behavioral, quantitative and quality management theory, systematic and contingency management theory.

One of the most important activities of human being is ‘managing’. The twentieth century saw a rise of number of new theories in management which gave it a new shape and which are still used in todays business world. The two main theories were ‘scientific management' and the ‘human relation approach'. Scientific management was founded by F.W. Taylor which explained the systematic things of doing things in a cheapest way (Gupta,2016). “Scientific management is the art of knowing exactly what you want your men to do and then seeing that they do it in the best and cheapest way” (Gupta,2016). The human relationship management was an outcome of the ‘exploits' of the scientific management (Bruce & Nyland,2011). Elton mayo noticed the social person and their ‘centrality' in the working environment. Elton mayo’s theory explained that employees were not only motivated by the financial reward but also by a range of social factors such as praise and a sense of belonging.

The overall purpose of developing the management theories is to bring out better ways to manage people. According to Aguinaldo & Powell (2002), management theory evolves con-stantly with the continuous stream of new ideas that come from the attempts to transform theory into practice, and vice versa. As essential personnel identify promising methods that assist in managing responsibilities, it will lead to management theories progressing. This paper will il-lustrate how management theories have emerged over the years and it will point out the primary reason why it has prospered.

Management has been practiced for thousands of years. The management approaches are there to help individuals that want to set up their own business. It gives them a variety of views from all different angles to help them start off. The most common management approaches include Classical, Behavioural and Contingency.

The main focus behind the development of management theory is the quest for good ways to make use of managerial means. Management theory evolves constantly with the continuous stream of new ideas that come from the attempts to transform theory into practice, and vice versa (Aguinaldo & Powell, 2002). Progression in management theory normal happen as key personnel discover great methods to accomplish the most important management responsibilities: planning, organiz-ing, leading, and controlling human and other managerial means. This paper will show how man-agement theory having to do with suitable management processes has emerge in modern times, and view the main aspects that have led to its prosperity.

The research report on Relationship Management encompasses the descriptive importance of effective people 's management in an organizational structure and briefs about how a prudent and healthy relationship management can result in an increase in the productivity of employees. The research emphasises on cooperative, empathetic, visionary and decisive characteristics of a manager. It portrays the benefits of having compassionate and communicative relationship with the subordinates.

The second theory is the Maslow Hierarchy of Needs. According to Maslow each of us is motivated by needs and these can be low and high level and five types. The low level needs include the most basic ones such as the physiological needs for food, water and shelter. Employees can satisfy the basic needs by receiving a minimum pay and being able to fulfill those needs. The second type is safety such as need for security and stability. Employees will satisfy those by having job security, safe working conditions and health insurance benefits. The third type, belongingness needs refer to the need of having good relationships with co-workers and supervisors and being able to feel part of a group. Esteem needs is the fourth type and related to the ability to feel good about oneself by

We will examine the evolution of management beginning with the timeframe of the industrial revolution thru today’s management. Management theories included in this time contains the Human Relations/ Behavioral School of Management, Classical School of Management, Contingency Approach, the Scientific Approach, Theory X and Y, and Theory Z. The present style and classical style of management will be compared and contrasted to each other and how they apply to my job.

The practice of management is very ancient, however the formal study of management is comparatively new. Management as a proper discipline developed after the tip of the nineteenth century. Nevertheless it should be admitted that management has been in existence since humankind became systematized into formal groups. It is very difficult to come up with a definition of management which could totally satisfy all professionals or skilled people or all management theorists. For a broad operating definition consider management as an activity that performs certain functions to obtain the effective acquisition, allocation, and utilization of human efforts and physical resources to accomplish some goal (Wren 2005, p. 3). Modern management has grown with the growth of social-economics and scientific institution. Nowadays workers do not work only for money. They work for satisfaction and happiness with sensible living style. These are the most vital issues now. Modern management explanation (of why something works or happens the way it does) refers to highlighting the use of well-thought-out mathematical ways of doing things within the system with analyzing and understanding the inter-relationship of management and staff. Organizational efficiency and service quality can be increased through the implication of management theories. Today managers simply do not use a singular theory, infect they use a series of theories depending on the workplace, purpose and workforce. Still, few

Theoretical frameworks for the management study are the schools of management beliefs about human beings and their work organisations are based on schools & study of management according to 19th century, although it has progressed through different stages & there are important factors of management practice. There are different methods of organising important aspects of good management practice .following are the classification of management:

Management theory constantly evolves when there are new ideas or when there is and intention of attempts of transforming the theory. Hence this theory can also be called as the “condensed theory” To know the history of the management theory is the fundamental task (Sarshar, 2002).