L 02 industrial management
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Transcript of L 02 industrial management
![Page 1: L 02 industrial management](https://reader035.fdocuments.in/reader035/viewer/2022071723/55c7f74ebb61eb06648b45a1/html5/thumbnails/1.jpg)
Lecture-2
• Development of Industrial Management• Production• Productivity • Production System (Probably in the
next lecture)
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Development of Industrial Management.
Three Basic Approaches :
• Classical Approach• Neo Classical • System Approach
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Classical Approach
Contributions• Emphasis on division of
work, specialization and processes.
• Efficiency of the organization can be increased by making each individual efficient.
• Based on centralization of authority
Criticism• Ignores human
relations• Strict rules and
regulations• Closed system
organization
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Neo Classical Approach
Contributions
• Social System• Social Environment• Leadership• Communication
Criticism
• Limited Application• Lack of scientific Validity• Invalid Assumption• Fragmental Approach
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Systems Approach
TRANSFORMATION PROCESS
ENVIRONMENT
INPUTOUTPUT
FEEDBACK
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System Approach Contd.
Contribution
• Interacting Elements
• Vulnerable to changes in the Environment.
Critics
• Failed to specify the nature of Interaction and Interdependencies.
• Does not apply tools and techniques for analysis.