MANAGEMENT THEORIES

Management Theories

Management Theories

Introduction

Today's rapidly changing technological and business environment has given multiple benefits to businesses and changed the way of managing projects (Cleland & Roland, 2006). There is no doubt about the fact that modern way of management has allowed businesses to improve their ability to make decisions, plan, organise, lead and control organisation in an efficient way, which actually leads an organisation to meet its goals (Cleland & Roland, 2006). It is a fact that success of every organisation in today's competitive marketplace depends on the quality of human resource that it acquires. Similarly, the importance of managers in success of organisations cannot be denied as they play a vital role in providing leadership, management and administration to run the organisation the way it is supposed to (Bateman & Snell, 2007). Managers' role is very instrumental in facilitating organizations to achieve their business objectives and goals through the effective use of management theories In fact, managers mainly contribute in organisation success by employing management theories at all level of management including top, middle and first line (Nanette, 2004).

Further, it is not possible to address the issue of management theories for managing and developing organisations, without exposing the historical trends related to the organisational side (Bateman & Snell, 1999). It is also a fact that influence of management theories can be seen as vital for the development of organisational activity as well as organisational design. Notably, productivity levels in earlier times were low, so one of the aspects to be considered by the theories has been the increase of it, made in certain situations and not others (Meyer et al., 2002).

On the various theories, schools or approaches that have succeeded it must be said that they have appeared and developed in the last hundred years, including none is exclusive and that what happened in practice is that some have relied on the other, in many cases changing the way but in most cases very little in their content. It is very important to know that with the help of these management theories managers are able to study situations before they appear (Donaldson, 2005).

Management Theories

Each management theory or approach is also made up of the environment and the circumstances at any given time considering not only the economic factors but also the social and technology development at that stage (Donaldson, 2005). In addition, it is also important to understand that application of any management theories or their combined use will depend on managers' perception of the situation at that time (Watson, 2004). It is fair to say that from the first industrial revolution, there was an accelerated technological development that allowed tip looks at the issues that occurred, as the humanization of some tasks, the significant increase in the production and the need to focus on personal and organisational coordination. In that period, changes happened at work, in jobs and their design, development of people and different ideas about them, which affected the entire organisational ...