Introduction to Management Flashcards
An art and science of working through the people to attain the common organizational goal/s
Management
Why is management is an art?
Because it results in the accomplishment of objectives through the use of human efforts
Why is management is a science?
Because of the systematic body of knowledge which results in logical organization structures and conclusions that can be drawn or validated through experiments
It provides the steps to achieve the goals of the organization
Management
5 M‘s of management
Mission
Man
Money
Materials
Methods
It is the purpose or reason for the existence of an organization
Mission (goal)
Leaders with the authority to direct the team towards the goal
Man
Necessary resources needed
Money
The ways and means in achieving the goals of the organization by using the established resources
Methods
This school of thought attempts to apply a systematic or scientific approach to the study of organizations
Scientific Management
Father of scientific management
Frederick Taylor
He broke down each task into segments that could be analyzed for ways to improve efficacy
Frederick Taylor
Perfected Taylor‘s motion study method and developed methods of analysis
Frank Gilbreth and Lilian Gilbreth
They believed that motion and fatigue are interrelated
Frank Gilbreth and Lilian Gilbreth
How does motion and fatigue are interrelated?
If one could reduce the number of motions a worker made in performing the task, worker fatigue will be reduce too
Pointed out that management is essentially coordination
Mary Parker Follet
Modified the piece-rate system into a task-and-bonus wage system
Henry Grantt
This model emphasized the perspective of senior management within the organization
Administrative Management Theory (Generic Management)
It provides the basic knowledge that management is a profession and could be taught
Administrative Management Theory (Generic Management)
First introduced the concept that management should be an orderly process of tasks and duties, of which planning is the most important
Henry Fayol
Introduced the role of management consultant and attempted to classify and codify the work done on management theories
Lyndal Urwick
This provides the Theory of Social and Economic Organization which examines the organizational aspects of the company and its workflow to explain how institutions function and how to improve their structural process
Bureaucracy Management
It sees organization as a segment of a broader society
Bureaucracy Management
It consist of formal rules and regulations, rationality and democracy which is recognized by designations and not by person
Organizations
The most prominent name ever existed to be associated with Bureaucracy Management
Max Weber
He quoted that - “An impersonal, rule-abiding efficient, merit-based career service provided the surest way of fulfilling the public interest in the face of a politically fragmented Germany”
Max Weber