In practise there are eight management theories separated into two categories: Classical and Contemporary. For the purpose of this assignment I will only be discussing the classical management theories as the contemporary theories are so new that they would be up to date on today’s business climate and are therefore still relevant.
SCIENTIFC MANGEMENT
This theory is concerned with improving the efficiency of workers. Fredrick Taylor was the individual who brought this theory forward and this was the main theory used in the twentieth century, but still links in to business today because of its two main advantages:
Increases productivity
Increases efficiency
In today’s global market there are many business’s, companies and organisations that …show more content…
The company needs to be efficient in everything they do. This theory tries to eliminate soldering (slacking) whether it be natural or systematic.
Business’s today would still follow the guidelines of this theory. One of the leading examples of a business using this theory in today’s climate is the world-renowned brand McDonald’s as it follows exactly what Taylor laid out “specifying not only what is to be done but how it is to be done and the exact time allowed for doing it” (Taylor 1998, p. 17). Other examples of businesses would be computer and car manufacturing plants and some restaurants. Almost all of these organisations function more efficiently due to applying the scientific management theory.
Taylor’s theory is brilliant but there are still some downsides to it especially in todays’ global market. For example, one disadvantage is that it can take the human element out of the work. When an individual joins the workforce, they increase their social circle and humans are very social creatures. By taking away the social aspect of the work problems could arise in motivation and enthusiasm. This problem could expand even further creating absenteeism and a high turnover which means an extra cost of finding more people and training them in for the …show more content…
The structure as a whole is slow and very inflexible. With the world the way it is, everything needs to be completed in a timely and efficient manner but with this system it creates a serious backlog and simple tasks could be really time consuming.
This theory is not without its advantages though as it does give organisational structure to the business and this is one fundamental element to a competent and well-run business. Also with this theory authority and information usually comes from the top. This kind of system encourages rules and standards which will help keep people performing their tasks and to stay on track of their goals. On the other side of this, it could also discourage creativity and innovation and make the business rigid in the way they run things but if a business wants to compete in today’s market it needs to be able to adapt and come up with new ideas otherwise they will not become a leading figure in their desired
SCIENTIFC MANGEMENT
This theory is concerned with improving the efficiency of workers. Fredrick Taylor was the individual who brought this theory forward and this was the main theory used in the twentieth century, but still links in to business today because of its two main advantages:
Increases productivity
Increases efficiency
In today’s global market there are many business’s, companies and organisations that …show more content…
The company needs to be efficient in everything they do. This theory tries to eliminate soldering (slacking) whether it be natural or systematic.
Business’s today would still follow the guidelines of this theory. One of the leading examples of a business using this theory in today’s climate is the world-renowned brand McDonald’s as it follows exactly what Taylor laid out “specifying not only what is to be done but how it is to be done and the exact time allowed for doing it” (Taylor 1998, p. 17). Other examples of businesses would be computer and car manufacturing plants and some restaurants. Almost all of these organisations function more efficiently due to applying the scientific management theory.
Taylor’s theory is brilliant but there are still some downsides to it especially in todays’ global market. For example, one disadvantage is that it can take the human element out of the work. When an individual joins the workforce, they increase their social circle and humans are very social creatures. By taking away the social aspect of the work problems could arise in motivation and enthusiasm. This problem could expand even further creating absenteeism and a high turnover which means an extra cost of finding more people and training them in for the …show more content…
The structure as a whole is slow and very inflexible. With the world the way it is, everything needs to be completed in a timely and efficient manner but with this system it creates a serious backlog and simple tasks could be really time consuming.
This theory is not without its advantages though as it does give organisational structure to the business and this is one fundamental element to a competent and well-run business. Also with this theory authority and information usually comes from the top. This kind of system encourages rules and standards which will help keep people performing their tasks and to stay on track of their goals. On the other side of this, it could also discourage creativity and innovation and make the business rigid in the way they run things but if a business wants to compete in today’s market it needs to be able to adapt and come up with new ideas otherwise they will not become a leading figure in their desired