Management Theories

Management Theories

Introduction

There are three fundamental theories of management, which provide the essentials of managing administrative affairs in public and private organizations. Three of the significant theories are scientific management, model of bureaucracy by Max Weber, and the principles approach.

Discussion

Scientific Management

The basics of this theory give rise to the concept of maximum prosperity, and harmony in the labor-management relationship. The concept of science in labor relations establish principles, laws and rules to deal with inefficiency and systematic laziness "as attributable to the assumptions about workers. Appreciating the objectives set by Taylor in his proposal, he recognizes the need for the application ...