Profound conceptualization from Europe and America in the domain of management have tended to belittle its development, carrying ahead management procedures of “developed” western management theories, rudimentary concepts and “underdeveloped” management thoughts. Western management books stridently emphasize this dichotomy, with unabated importation of western management theories and practices at the detriment of deducing management theories, which will accommodate the continent's cultural inertia. Gbadamosi (2003, 890-899) aptly jottings that: “Western management fundamental thoughts and writings have controlled the recollecting of academics and managers for a long-time. Such writings have not shown how culture might be taken into account in managerial practice” (p. 274).
This term article strives to study the bond between management theory and practice, the principle annoyances in learning individuality and how this of value to organizations is and, in conclusion, critically examine the nature and value of the informal organization.
Relationship between Management Theory and Practice
Management Principles
The identification of extant learning of management unequivocally presents sound circumstances for the nurturing of management principles, theories and practices, comparable to those deduced in the United States of America and Europe. Building a case for management theories and practices demands one to appreciate the principles.
Management Theories
In its simplest conceptualization, a theory is an orderly grouping of connected principles. Management theory consequently helps signifies of classifying pertinent management knowledge. According to Nwachukwu (1992, 274-280), management theory “is a synthesis of the fundamental thoughts and principles of management. Management theory tries to present in a concerted fashion those items about human conduct in organization” (p. 6-7). Management theory is systematic in nature relying on sighting of issues, and examination of items to engender hypotheses. A hypothesis exemplifies a general assertion of lucid or orderly bond supporting a set of observations. Tested and validated hypotheses are called principles.
Management theory growth managerial competence by giving the guidelines to aid the managers resolve troubles in the organization. The theory in addition aids in crystallizing the nature of management - in time spans of examining management job and the coaching of managers. Management theory formulation contributes about resurgence in examine and management practice, primary logically to the attainment of public goals and human development. Porth and Mccall (2001, 169-175) note that management theories put accent on the value of an organization's skills to procure and leverage learning that creates important change and innovation.
A connected fundamental thought to management theory that wants clarification for our intent is organization theory. Organization theory as a correction research the structure and design of organization. It clarifies, “how organizations are truly designed and puts forward the advantageous constructive design to enhance organizational effectiveness” (Robbins, 1983, p. 7). Organization theory is consequently the study of the structure and functioning of organizations and conduct of public gatherings and separate people in them (Pugh, 1966, 247-251). The midpoint worry here is with population who are aggregated into sections and organizations - both acknowledging divergences in structure and behavioural differences.
Management Practice
Management theory gives the foundation for management practice, and the practice ...