Management Theory and Practice: Ways to Prevent Dead Zones

Universality: Principle of management are universally applicable. Principles of management are applied in every situation, where the objectives are attained through group efforts. All organizations such as social, political, cultural or even religious organizations apply for the successful operations of their activities. Every organization must make optimum use of its available resources by the application of management principles i.e., planning, organizing, staffing, directing and controlling effectively and achieve the desired result.

Management, particular during this current period of globalization is very important. Managers, in today's business environment must posses a comprehensive set of skills and abilities. These abilities will allow managers to better compete in a more information driven business environment. To better facilitate this process, "The Wall Street Journal Essential Guide to Management," was created. This work not only encompasses many of the prevailing managerial thoughts of the current age, but it synthesizes them in an inclusive manner. "The Wall Street Journal Essential Guide to Management" is a composition of management philosophies and theories to help leaders become more effective. The general premise behind this book is to summarize many of the largely accepted concepts of management into one comprehensive edition. The idea is that would be managers would be able to reference this material in order to garner experience and ideas to help them become more effective leaders within the work environment. This book provides a simple and convenient methods in which management know how is disseminated to managers irrespective of their industry. What makes this book unique in regards to management is its universal appeal. Much of the material within the book has been garnered or recommended by members of the Wall Street Journal CEO council. As such, many of the concepts within the book are both credible and effective in regards to managerial practice.

Over the past hundred years management has continuously been evolving. There have been a wide range of approaches in how to deal with management or better yet how to improve management functions in our ever changing environment. From as early as 1100 B.C managers have been struggling with the same issues and problems that manager's face today. Modern managers use many of the practices, principles, and techniques developed from earlier concepts and experiences.

Just how universal is the need of management in organizations? We can say with certainty that management is needed in all types and sizes of organizations, at all organizational levels and in all organizational work areas, andin all organizations, no matter what country they are

Management according to Management Innovations, 2008, is ‘the process of reaching organizational goals by working with and through people and other organizational resources’. This statement basically says that when a company wans to achieve certain goal(s), they will have to work together as a team so that everything is organized, and the team must have a leader to rule it in the correct path. Whilst managing the company, there needs to be full

Fundamentally, all managers, regardless of their levels, require knowledge of managerial jobs to perform the work successfully. In order to perform effective managerial jobs, all levels of managers need to fulfill the basic managerial functions, enact key managerial roles, as well as develop managerial skills to suit with the jobs (Bailey, Schermerhorn, Hunt and Osborn 1991 pg.18). However, even though, managers at all levels perform similar managerial jobs, the importance on each job is placed differently depends on level and responsibilities of each manager. Further details about each managerial job and the importance placed on each job for different levels of managers

The definition of ‘management’ is controversial and subject to much debate. There have been many contradictory views on what the term ‘management’ means and accordingly how one should correctly manage an organisation. These theories have been put forward by several highly regarded management scholars over time. By taking into account past knowledge and contemporary views on management, we are able to ‘’explore how thinking has changed through time’’. (Brooks, 2006). Moreover, businesses have, and can continue to be able to adapt these theories and put them into practice. Successfully applying correct management practices is especially vital in a global business environment which is becoming very competitive. ‘’Most management theories, even those that do not resonate comfortably with the prevailing mood, have attractive and valid elements to them.’’ (Robinson, 2005). For example, some of these theories can be seen flourishing in fast food chains like McDonalds.

Nowadays the international trade has a considerable extension; the exchange of goods, services, and natural resources is making in all over the world. Transportation and communication become quicker with the precious aid of the new technology. Often, several companies move from their native country to another one. The world is seen now as a global market where a diversity of societies is appealed to deal together. So, the management must from now on be considered in larger sense as several countries has to combine their view of management, their managerial styles and indubitably their culture, to ensure the globalization of business. So, what is the general impact of management in the international business?

This assignment focuses on the practical application of management theory to a work environment and organisation.

Management is a complex, diverse and eclectic domain involving aspects of technical, economic, political, cultural, psychological and communicative nature (Alvesson and Deetz, 2000).

• Discuss Fayol’s contributions to management theory. • Describe Max Weber’s contribution to management theory. • Explain how today’s managers use general administrative theories of management.

Management is involved at all levels of a business and is central to business more importantly in this globalised era. The functions of management outlined above are cardinal to any business. This paper will discuss the importance of management in a globalised business era.

Middle management are more likely to co-ordinate all the individuals and groups among the organization. And lastly, to plan and organize are the work of the top managers. Their have to think carefully and sometimes out of the box to get the whole new ideas for their next goals, and how to approach it as well.

Management is one of the most important human activities and has critical impact on life, growth, development or destruction of an organisation. In an organisation, managers with any rank or status should understand their basic duties i.e. maintaining a sustainable conductive environment where people can fulfil their commitments and objectives through collaborative approach. (Akhtar, 2011) A manager is responsible to achieve the business’s goals, visions and objectives by planning, organising, leading and controlling. Dubrin (1994) stated that in every organisation each member of staff must plan, organise, make decisions, and control the resources they need to accomplish the results expected

The evolution in management studies has grown significantly due to the appearance of the information technologies. In contrast, the classic management practices became less effective in many organisations. Historically, the industrial revolution generated most of the managerial principles. For instance, the financial department concern about the return on investment, while the marketing department focuses in the marginal profit and market shares. The strategic division pursue a competitive positioning and profitability, whereas the human resource department concern about the employees ' motivation, rewards and performance. It could be argue that management is the foundation of organization success by which means if the overall activities