नाथ स्कूल ऑफ बिझनेस & टेक्नॉलॉजी
The Evolution of Management
Early Practices and Scientific Management
Frederick Taylor's Scientific Management (Late 19th to Early 20th Century): Taylor introduced time studies and standardized work processes to improve productivity, laying the groundwork for modern operational management.
Classical Management and Human Relations
Henri Fayol's Administrative Theory (Early 20th Century): Fayol developed 14 principles of management, including division of work, authority, and discipline, emphasizing the organizational structure and leadership.
Human Relations Movement (1930s-1950s): Initiated by the Hawthorne Studies, this movement recognized the significance of social relations and employee satisfaction in the workplace, leading to a more holistic view of management.
Modern Management Theories
Systems Theory (1960s-Present): Views organizations as systems composed of interrelated parts and emphasizes the importance of understanding those interrelations.
Contingency Theory (1960s-Present): Argues that there is no one best way to organize a corporation, to lead a company, or to make decisions, instead, the optimal course of action is contingent upon the internal and external situation.
