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The modern period for management is considered to be 1960 onwards till present, Traditional management resulted in owners themselves being managers, this changed with larger corporations coming up. Under modern management thought three streams of thinking patterns have been noticed
Henry Fayol was considered to be the real Father of Modern Management, In his book General And Industrial Management he had explained the 14 Principles Of Modern Management.
Concepts And Application-Mr. Ajay who has been appointed as a Manager to handle the overall functioning of the business of
M/s Paper Write Corporation has worries about the following things:
Mr. Ajay is advised to use the Principles Of Modern
He can use the following five principles of modern management to overcome the above mentioned problems which need change:
This is true even if the top of the organization is led by a group of people. In M/s Paper Write Corporation, currently one employee is reporting to three bosses. Mr. Ajay should use the unity of command and make sure one employee reports to only one boss/superior
Individuals, organizations, and nations are endowed with or acquire specialized capabilities and either form combinations or trade to take advantage of the capabilities of others in addition to their own. In paper write corporations, Mr.Ajay should divide the work effectively to increase specialization to further increase quality and efficiency.
In M/s Paper Write Corporation, rules and regulations are not followed thus, Mr. Ajay can use the principle of discipline to make sure the rules and regulations are followed and the inventory, equipment and tools are kept in designated places.
In M/s Paper Write Corporation, Mr. Ajay should use the principle of Espirit De Corps to establish team spirit amongst the corporation
To work in an efficient manner, M/s Paper Write Corporation has to make changes in many methods which can be done by the manager who is Mr. Ajay if he follows the 14 principles of Management Of Henry Fayol.
MANAGEMENT THEORY AND PRACTICE. (2019, Dec 10). Retrieved from https://studymoose.com/management-theory-and-practice-essay
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