Management The size of management can variety from one particular particular person in a tiny organization to hundreds or thousands of managers in multinational businesses. The computer can be used extensively for the execution of systems management Data processing function will become effortless and swift. Modem management is based on the solid foundations laid down by management thinkers from the early historical period. Introduction of new methods: Management facilitates the introduction of new machines and new methods in the conduct of business activities. In other nations, sources are not utilised completely and effectively due to lack of managerial capabilities.

The credit of humanization of management with a view to accomplish widespread interest of management and workers goes to Elton Mayo. Management will get optimistic response from its personnel when their actions, sentiments and expectations are offered due interest.

Management is an art, science as effectively as a profession: Management is an art simply because specific capabilities, crucial for excellent management, are unique to individuals. Competitive strength: Management develops competitive strength in an enterprise.

The contingency/situational strategy is the second approach (the first getting the systems strategy) whichattempts to integrate the different schools of management believed in an orderly manner. It is achievable to establish such systems management organisation in a business enterprise. Management is needed as these functions are performed via the management method.

The improvement of management thought is the outcome of contributions produced by pioneering management thinkers and authorities from other social sciences such as economics and psychology. Reduces turnover and absenteeism: Efficient management reduces labour turnover and absenteeism and guarantees continuity in the business activities and operations.

As per systems management college, an organisation is looked upon as an artificial program. Right after 1950s, it was proved that productivity improvement, as a outcome of far better operating circumstances and the human relations capabilities of manager’s did not result in productivity improvement as anticipated. The contingency management approach is related to recognized leadership theory called situational leadership theory.

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