School of management thought the topic used in MBA

School of management thought

1. Schools of Management Thought Mr. Ankit Bhardwaj Assistant professor ITM college of Management Technology. Aligarh, Uttar Pradesh

2. Schools of Management Thought Everything you need to know about the schools of management thought. Many experts and specialists from different disciplines have given various approaches of management, also called schools of management thought. The various approaches to the study of management have propounded by specialist from different disciplines have come to be called schools of management thought. All these thoughts are basically different point of views or guidelines regarding management which enables the managers to achieve their organizational goals easily and effectively.

3. The Management Process School This is also called as Operational School of Management. Henry Fayol is considered to be the father of this school. According to this school the management process divided into five functions such as : Planning , Organizing , Staffing , Directing and Controlling. 2. The Empirical School The approach is also known as Management by Customs School/Case study approach. The important contributors to this approach are Earnest Dale and group of researchers As per this school problems could be solved better by drawing upon the experience of manager . Major schools of management thought are as follows

4. 3. The Human Behavior School It is concerned with the recognition of the importance of human element in business organizations . Elton Mayo and his associates made significant contributions to this approach. The key concepts of this school are motivation, leadership and group dynamics.   4 . The Social System School In this approach an organization is considered as a social consisting of various groups of people. Chester Barnard was the father of this approach . The main contribution of this school of thought is its focus on cultural factors in the working of an organization. Major schools of management thought are as follows

5. 5 . The Decision Theory School Herbert A Simon and James March are the pioneers of this school . The concentrated on rational decision-making, selecting from among possible alternatives of a course of action or policy. Attempt is also made in this theory to cover the social and psychological aspects and environment of the decisions and decision-makers. 6 . The Mathematical School This is also known as quantitative school. It views management as a system of mathematical models and logical processes. It was developed by W.C. Churchman & others. It focused on findings right answers to the managerial problems. Major schools of management thought are as follows

6. 7. The System Management School This approach is based on the generalization that an organization is a system and its components are inter-related and inter-dependent. The effectiveness of system mainly depends upon the interdependency and inter-relations of the various sub-systems . F.W. Taylor is known as the father of this school. 8 . The Contingency School This approach was developed by J. W. Lorsch and P. R. Lawrence . This is new approach to management . The basic essence of this approach is that organizations have to cope with different situations in different ways . So, managers should develop variable methods, tools and action plans as per the required situations. Major schools of management thought are as follows

7. 9 . Bureaucracy School of Management . This approach was propounded by Max Webber. He emphasized on the recognition and exercise of authority is the fundamental question. The authority which comes from the position in the organization is called Bureaucratic authority. Major schools of management thought are as follows

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