Contemporary Approaches Since World War II, contemporary approaches have been developed to represent the thoughts of modern management. Contemporary approaches include: Sociotechnical systems Theory, Quantitative management, Organizational behavior, and Systems Theory.
Sociotechnical Systems Theory This …show more content…
This is true is because managers are constantly searching for new ideas and effective ways to get the job. They do this by using internal components such as managers and employees. They also use computer programs to create models and forecast business requirements in the future. They also have to be aware of competition in any new laws that may affect their business. Managers must be aware of their environment and have been trained in contemporary approaches to management so they will be able to come up with creative and cost-effective solutions to their problems.
Conclusion
In conclusion, this paper discussed contemporary approaches to management. It is also discussed how these contemporary approaches differ from one another. Discussed open systems and how it affects management. This paper also discussed internal, competitive, and macro-environments of an organization. Lastly, this paper discussed how all contemporary approaches are relevant in the three