Six Theories of Management with Modern Management Practices
Six Theories of Management with Modern Management Practices Theories of management are of utmost importance for any business and organization. Many experts have presented different management theories for the successful running and managing of organization. These ideas are called as six theories of management. Here is the list of Different types of management theories are discussed in details. The first theory about to be discussed is the: 1. Scientific Management theory P resented by Frederick F. Taylor, his idea is to run an organization in a scientific way, On the surface, this theory held great value. The scientific theory aimed to make work more efficient. Unfortunately, the theory had some major flaws as well. Taylor created four principles of his scientific management theory. ...