Midterms Flashcards
Father Of Management
Peter Drucker
Father of Scientific Management
Frederick W. Taylor
Father of Modern Management
Henri Fayol
Management is the attainment or organizational goals in an effective and efficient manner through POSDC organizational resources
Concept of Management
Characteristics and Nature of Management
Goal Oriented - to achieve certain goal
Universal - essential element
Continuous Process - never ending cycle
Is a group of people bonded together with common goals and objectives
Organization
Characteristics of Organization
Coordination - harmonized
Common Goal - common ground
Division of Labor - role and responsibility
Command Level - hierarchy of people
- the period of 1700 tp 1800
- industrial revolution
Pre-scientific Management Period ( before 1880)
Important Contributors (Pre-scientific Management Period)
Charles Babbage
Charles Dupin
James Watt
James Montgomery
- earliest thought of management
- employees are motivated by money
Classical Theory
also known as scientific management
Classical Theory
Founders of scientific management and administrative management
F.W Taylor and Henri Fayol
-Develop bec of the need to increase productivity and increase worker’s efficiency
- differential wage systems is introduced
THREE MAIN THEORIES IN THE CLASSICAL PERIOD
Scientific Management Theory( F.W Taylor)
- organization as a whole
- five functions of management (POSDC)
THREE MAIN THEORIES IN THE CLASSICAL PERIOD
Fayol’s Classical Organisation Theory (Henri Fayol)
- rational-legal authority system was introduced characterized by:
Division of Work
Rules and Regulations
Hierarchy of authority
Impersonal relations
THREE MAIN THEORIES IN THE CLASSICAL PERIOD
Weber’s Bureaucracy Theory (Max Weber)
also known as behavioral theory
Neoclassical Theory
-Gave greater emphasis to individual and group relationships in the workplace
-pointed out the role of psychology and sociology
Neoclassical Theory
- considered as an adaptive system
- developed as a synthesis of quantitative theory, systems theory, contingency theory, and operational theory of management
Modern Theory (System approach)
- responsible for the entire organization
- realizing its goals and attainment of vision and mission
The Manager
