HI6005 Management Principles Application
Your essay is to be structured and written as a business report. It, therefore, must begin with a Management (or Executive) Summary within which you state in stark form (i.e. unsupported by argument) what you are asserting in this report and you must do that in less than two pages. As already stated above, you begin the main body of the report with some general background on the broad research topic. This introduction should end with a brief paragraph outlining the plan of the rest of the essay.
What follows is the specific issues of each individual component which were considered. As for any good business report these components should be structured into sections and sub-sections and the heading for these should be in the Table of Contents. In these individual components the in-depth discussion of the relevant issues is elaborated based on the existing literature and/or data. You must provide in-text references to your sources.The last section of the report contains a brief summary followed by a complete list of references that are cited in the text of the essay. Follow a standard referencing method consistently.
? The Presentation which is worth 10 marks. Here we assess the quality of the presentation NOT the academic quality of the work.
? The Opening Impact
? Overall Presentation Technique (incl. Quality of the Slides)
? Adherence to Time Limit
? The Management Summary
? Report Structure (TOC, Paragraphs, Sections and use of Diagrams)
? Academic Quality (incl. Referencing)
Answer:
- Several management principles find wide application in history
- However, it was only in the 19th century that these management principles took the form of well structured Theories
- Progress over time led to management experts & leaders pointing out several shortcomings with the existing management theories
- Key research questions presented by them led to steady paradigm shift in the way these management theories were applied then & now
- What were these questions & How they led to the paradigm shift in management theories is the key focus of this presentation
agement
- Quantitative Management finds it origin during the world war II where scientists, mathematicians and physicist solved military problems using a mathematical, statistical & Computational Approach
- Research questions such as their relevance in the modern society & application to various domain led to the paradigm shift in modern management
- In the present era, these concepts encourage modern management leaders to make efficient use of quantitative management skills to enhance productivity, profitability and overall efficient
Contribution
Has been highly useful in making key decisions in large scale industries such as market research & Consulting
Has made it possible to make sense of exhaustive amount of data & their Implications
Limitation
Model neglects factors that cannot be quantified
Requires specific skillset, the lack of which could lead to inefficiency
Not suited for unpredictable & Non routine management decesions
Scientific Management Schools has given way to Human Relations School of Management
- Conventional management school did not usually consider the human aspect of workers in an organizational setup
- The scientific approach was found to be highly ineffective in organizations which heavily relied on humans for their daily operations
- This led to research questions regarding the psychological & social needs of employees at workplace
- Ultimately leading to the paradigm shift in meeting their psychological demands .
Human Relation school of management has given way to behavioral Science School of Management
- Conventional Scientific management was heavily production oriented
- Efforts of management leaders like Mary Parker Follet questioned the lack of human psychology & behavioural aspect in the conventional theories
- This led to a paradigm shift in the late 19th century with several management practises focused on aspects like employee motivation & Satisfaction at workplace .
- Since then management theories give vital importance to humanistic behaviour and actions
Conclusion
- Scientific Management Theories have projected a paradigm shift in the last 100 years
- Conventional management thoughts were more production & Efficiency oriented, thus lacking humanistic approach in their application
- Taylor’s work time theory, weber’s hierarchy theory were widely prevalent in classical management
- Efforts made by leaders & researchers like Maslow & Mary Follet questioned the shortcomings and lack of humanistic approach in traditional management theories
- This led to key emphasis on modern management theories to be more humanistic in their approach, giving vital importance to human psychology & motivation.
- Management theories then & now, thus have evolved significantly over the past few decades.
- Employee motivation, satisfaction & happiness are now considered to be vital factors to enhance efficient management along with productive output
References
Akpor-Robaro, M.O.M. and Erigbe, P.A., 2018. Evaluation Of The Application Of Traditional Western Management Theories In Africa From A Survey Of Nigerian Organizations. Archives of Business Research, 6(7).
Barney, J.B., Dagnino, G.B., Della Corte, V. and Tsang, E.W., 2017. Management and Organization Review Special Issue ‘Coopetition and Innovation in Transforming Economies’. Management and Organization Review, 13(1), pp.201-204.
Bhagavatula, S., Mudambi, R. and Murmann, J.P., 2017. Management and organization review special issue ‘The innovation and entrepreneurship ecosystem in India’. Management and Organization Review, 13(1), pp.209-212.
Daddi, T., Todaro, N.M., De Giacomo, M.R. and Frey, M., 2018. A Systematic Review of the Use of Organization and Management Theories in Climate Change Studies. Business Strategy and the Environment, 27(4), pp.456-474.
Dahlgaard-Park, S.M., Reyes, L. and Chen, C.K., 2018. The evolution and convergence of total quality management and management theories. Total Quality Management & Business Excellence, pp.1-21.
Fleming, P. and Spicer, A., 2014. Power in management and organization science. The Academy of Management Annals, 8(1), pp.237-298.
George, G., 2015. Expanding context to redefine theories: Africa in management research. Management and Organization Review, 11(1), pp.5-10.
Huarng, K.H. and Ribeiro-Soriano, D.E., 2014. Developmental management: Theories, methods, and applications in entrepreneurship, innovation, and sensemaking. Journal of Business Research, 67(5), pp.657-662.
Lindebaum, D., 2016. Critical essay: Building new management theories on sound data? The case of neuroscience. human relations, 69(3), pp.537-550.
Plakoyiannaki, E., Wei, T., Hsu, C., Cassell, C. and Prashantham, S., 2017. Management and Organization Review Special Issue ‘Doing Qualitative Research in Emerging Markets’. Management and Organization Review, 13(2), pp.455-458.
Schuler, R. and E. Jackson, S., 2014. Human resource management and organizational effectiveness: yesterday and today. Journal of Organizational Effectiveness: People and Performance, 1(1), pp.35-55.
Spina, G., Caniato, F., Luzzini, D. and Ronchi, S., 2016. Assessing the use of external grand theories in purchasing and supply management research. Journal of Purchasing and Supply Management, 22(1), pp.18-30.
Touboulic, A. and Walker, H., 2015. Theories in sustainable supply chain management: a structured literature review. International Journal of Physical Distribution & Logistics Management, 45(1/2), pp.16-42.
Tuczek, F., Castka, P. and Wakolbinger, T., 2018. A review of management theories in the context of quality, environmental and social responsibility voluntary standards. Journal of Cleaner Production, 176, pp.399-416.
Willingham, D.T., Hughes, E.M. and Dobolyi, D.G., 2015. The scientific status of learning styles theories. Teaching of Psychology, 42(3), pp.266-271.
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