Topic 2-EVOLUTION OF MANAGEMENT THOUGHT.pptx - MGT420 TOPIC 2 EVOLUTION OF MANAGEMENT THOUGHT 1.5 EVOLUTION OF MANAGEMENT THOUGHTS FACTOR INFLUENCING

Topic 2-EVOLUTION OF MANAGEMENT THOUGHT.pptx - MGT420 TOPIC...

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TOPIC 2 EVOLUTION OF MANAGEMENT THOUGHT MGT420
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1.5 EVOLUTION OF MANAGEMENT THOUGHTS FACTOR INFLUENCING MANAGEMENT THOUGHTS Economic Influences The availability, production, and distribution of resources within a society. Social Influences The aspects of a culture that influence interpersonal relationships.
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Political Influences The impact of political institutions on individuals and organizations. Technological Influences The advances and refinements in any of the devices that are used in conjunction with conducting business. Global Influences The pressures to improve quality, productivity, and costs as
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Chronological Development of Management Perspectives
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A) CLASSICAL PERSPECTIVES Classical approach to management resulted from the first significant, concentrated effort to develop a body of management thought. Management writers who participated in this efforts are considered the pioneer of management study
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Subfields of the Classical Perspective on Management Focuses on the individual worker’s productivity Focuses on the overall organizational system Focuses on the functions of management
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Scientific Management Introduced by Frederick Winslow Taylor. Focus on increasing the efficiency of production processes in order to enhance organizational productivity. Introduced differential rate compensation system whereby more productive workers received a higher pay rate .
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Continue… Three areas of focus: Task Performance Supervision Motivation
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a) Task performance 9 Observe and experiment Time and motion studies – identify a worker’s physical movement and determine the best way of performing the task Expectations of management: a) Development of work standards b) Selection of workers c) Training of workers d) Support of workers
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