Today we will have a comprehensive discussion about the management theories and tips that you may find useful while writing your dissertation or essay. We have come across several such students who struggle with the management theories while drafting their dissertations, assignments or any coursework in their academic journey. Writing a dissertation is never easy due to the imperative research work, writing and editing that consume a lot of time.
Hey, relax!! We have made your work a lot easier!! We appoint the best experts having strong academic backgrounds to your service. Just find below some of the key tactics and essential tips on various management theories which will be very useful for the students in their higher studies.
So let’s start with the Management theories and their related applications. Management theories are the theoretically proven ideas and facts based on which an organization or business could be managed effectively. These management theories are implemented by the managers/leaders in organizations to accomplish workplace goals and keep up with performance efficiency.
Types of Management Theories
- Scientific Management theories
Frederick Taylor introduced the concept of a scientific approach to organizational management by optimising labour productivity and improving management methods. The principle of scientific management focuses on achieving maximum efficiency by finding the optimal method of completing a task. This could be attained only by offering an appropriate level of training, teamwork and cooperation amongst the leaders and employees.
- Administrative Management Theories
The principles of administrative management theories were introduced by Henri Fayol, who believed that leaders can perform five key functions i.e. plan, forecast, command, coordinate and control. His principles outlined how leaders must organize and interact with team members. However, the principles he suggested must not be rigid, rather it enables the leaders to determine how to use them more effectively at the right time. The 14 principles of Fayol’s management theories include work division, responsibilities and authorities, Unity of command, Discipline, Equity, Unity of direction, centralization, eSpirit de corps, Order, scalar chain, Initiative, Stability of tenure, Personnel remuneration, the superiority of organizational interests.
- Bureaucratic Management Theory
This particular theory is developed by Max Weber that focuses on the organizational structure following a hierarchy to ensure clear rules of governance. Such a hierarchical system enforces clear commands, proper labour division, consistently strict rules, record-keeping and documentation, and promotion of employees based on their performance. This particular theory has been observed to play a crucial role in the establishment of high standards, optimized procedures and informed management at the heart of every organization.
- Systems management theory
This theory comprises multiple components that must be functioning in harmony for the larger system to perform optimally. This theory denotes the success of an organization largely depends on the synergy, interrelations and interdependence between the sub-systems. While employees are the key assets within an organization, the workgroups, departments and business units are the crucial elements that must operate in synchronization for a successful journey.
- Human Relations Theory
Elton Mayo established the theory of Human Relations who had aims to foster the productivity of any organization based on the foundations of the human relation movement. He mainly focussed on transforming the workplace conditions for employees such as flexible shifts, incentives and perks, benefits, etc. With every change he made, there was a significant improvement in employee performance. As a whole, it could be concluded that the performance of employees improves when they feel valued and motivated.
The management subject is pretty vast and the related theories are even more widespread. We will certainly try to cover the rest of the theories in the next session. For now, we will go ahead with the benefits and tips of applying management theories in brief.
Benefits of Management Theories
The application of management theories in the workplace is beneficial in several ways. Let’s just have a look at it.
- The leaders can bring the best out of their team members and optimize their performance while increasing the productivity
- The application of management theories is a way to accelerate the decision-making process
- It increases workplace objectivity by applying scientifically proven transformation strategies instead of relying on individual judgements.
- Nevertheless, the leaders/managers look for improved collaboration and member participation within the team.
Tips and Tactics
In this particular section, I shall highlight some of the key tactics of applying the best practices in the workplace for improved efficiency and higher productivity-
- Flat hierarchy
Yes, you heard it right!! A flat hierarchy evades the differences between superiors and subordinates by eliminating the higher designation and seniority to inspire a collaborative and cohesive workplace culture. It is another way of empowering the team members by offering them decision-making capabilities.
- Employee training
Investment in training and employee development programs is recommended as the best practice to improve employee performance and productivity as a whole.
- Empowerment
The human management theories encourage employee empowerment by giving them more power in decision-making, improving their job performance, and establishing strategic actions to foster their organizational goals and rise their career graph.
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