MBA and B.tech class notes

Friday, 3 August 2012

Evolution of management thought


Evolution of Management Thought


Management has been progressively evaluated through the following three stages.


The Classification theory of management

It has three streams:-
  1.      Bureaucracy : 1900
  2.      Scientific management:  1900-1930
  3.      Administrative / Operational management:  1916-1940


The Neo-classical Theory of management

It has two streams:-

  1.   Human Relations: 1930-1950
  2. Behavioral Approach: 1940-1950

Modern Theory of management

It has three streams:-
  1. Quantitative Approach: 1950-1960
  2. Systems Approach: 1960s on words
  3. Contingency Approach: 1970s on words 

 Recommended links

Modern management theory                                                          

        

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