Development of Management

Thought

Submitted toMS. CHANDRANI GANGULYClass teacher of BBA 1st semester

Submitted byGroup-5BBA 1st semester

IntroductionDevelopment of management thought

is basically theory of Management. Theory is known as body of principles.

As in Mathematic they are known as theorem. Theory is concerned with generation derived from data and establishing significant relationship.

Theories of Management

The Classical Theory of

Management

The Neo-Classical Theory

The Modern Management

Theories

The Classical Theory of Management It includes :-

I. Bureaucratic Model by Max Webber in 1990

II. Scientific Management by F.W. Taylor in 1910

III. Functional or Administration or Process Management by Henry Fayal in 1910

I. Features of Bureaucratic ModelRules and regulationTechnical competenceDivision of workRecord keepingII. Features of Scientific ManagementSeparation of planning and designMental revolutionStandardization of instruments, tools and work condition.

Books published on Scientific management

1. 1903, Shop management2. Principle and method of scientific management3. 1913 Scientific management

Paper Established

1. 1895, A piece rate system2. 1905, On the art of cutting metals

III. Functional management theoryContribution of Henry Fayal:-

Planning, Organization, Command, Co-ordination, Control

Other Contribution Under Functional Theory

(i) Henry L. Gantt:- Gantt is regarded as one of the greatest contributor of Scientific Management era.

(ii) Gantt Chart:- He developed a daily balance sheet chart called Gantt chart.

Neo Classical Theories

It includes:-

1. Elton Mayo’s Human Relation Management (1927-1932)

2. Douglas Mc-Gregar’s contribution in X and Y theory

3. Abraham Maslow's contribution

Modern Management Theories

It includes:-

1. Quantative or Mathematical approach to management

2. System approach to management

3. Contingency approach to management

1. It increases the efficiency of workers2. Making good relation3. It helps in decision making4. It helps in coordination

Importance of Development of Management Thought

Theory X and YTheory X and Y Douglas McGregor proposed the two different sets of worker assumptions.g Theory X: Assumes the average worker is

lazy, dislikes work and will do as little as possible.Managers must closely supervise and control

through reward and punishment.g Theory Y: Assumes workers are not lazy,

want to do a good job and the job itself will determine if the worker likes the work.Managers should allow the worker great

latitude, and create an organization to stimulate the worker.

Theory ZTheory ZWilliam Ouchi researched the cultural differences between Japan and USA. USA culture emphasizes the individual, and

managers tend to feel workers follow the Theory X model.

Japan culture expects worker committed to the organization first and thus behave differently than USA workers.

Theory Z combines parts of both the USA and Japan structure. Managers stress long-term employment, work-

group, and organizational focus.