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Advantages of Bureaucracy Bureaucratic form of organization gives certain benefits or advantages to the management. They are briefly discussed below. 1. Specialization: Specializ
Characteristics of Bureaucracy A bureaucratic organization shows the following characteristics: (1) Division of work: there is a high degree of division of work at both the operati
BUREAUCRATIC MANAGEMENT &
Criticism of Fayol's Principle The contributions of Henry Fayol were criticized as hereunder. (1) The principles of unity of command and unity of direction are redundant in modern private organizati
Fayol's Principles of Management Division of Labor: Division of labor leads to specialization which increases the efficiency of individual employees. Fayal recommended that work of all kinds must be
ADMINISTRATIVE MANAGEMENT Henry Fayol's Contribution Henry Fayol was a major contributor to administrative management approach. Henry Fayal, a French industrialist, has been regarded as the real fa
Criticism of Taylor's Contribution Scientific Management has contributed a lot to the science of management but it was criticized on the following grounds: 1) the consideration of the work 'Scienti
Techniques of Scientific Management Time Study : Time study is the technique used to measure the time that may be taken by workman of reasonable skill and ability to perform various elements o
Principles of Scientific Management 1) Replacing rule of thumbs with science: Taylor has emphasized that in scientific management, organized knowledge should be applied which will replace
Aims and Objectives of Scientific Management 1) It provides trained minds for attaining a higher degree of excellence in all branches of shop management. 2) It improve
Elements of scientific management The main elements of scientific management are : i) work study involving work measurement and work improvement through scientifically conducted time and motion studi
SCIENTIFIC MANAGEMENT F.W.Tylor was the pioneer of the scientific management theory. He was a scientist and made researches how man
MANAGEMENT THOUGHT Introduction The principles of management as in the case of other disciplines, have their impact on the practice of management. The nature of management principles in
Managerial Skills A skill is an individual's ability to translate knowledge into action. Skill is not necessarily inborn. It can be developed through practi
Responsibilities of a Manger Manager is getting things done through others. He prepares plan, build an organization help and motivate the employees according to plans for purpose of achieving organiz
Managerial Roles to fulfill the multifarious functional responsibilities, managers assume multiple roles. A role is an organized set of behaviors. Henry Mints berg has id
Significance/ Importance of Management are very essential for successful running of an enterprise. It ensures proper use of physical and human resources by deriving the best re
Objective of Management The basic purpose of management of an enterprise is to achieve enterprise goals. For a business, the main purpose is to earn reasonable profits by providing want- satisfying p
Scope of Management Areas where principles of management can be applied are the scope of management. (1) Fr
Subsidiary Functions (1) Communication: In business management ideas objectives instructions suggestions, etc., have to be exchanged among the managerial staff for the purpose of p
Function of Management The functions of management may be divided into two categories: Main Functions (1) Planning: Planning is the conscious determination of a future course of
Levels of Management Business organizations are characterized by the presence of a chain of command- the chain of superiors and subordinates from the highest level in the organization to the lowest.
Management as a Profession Is management a profession? If a profession is defined as a calling or occupation that serves others, then management may be said to be a profession. But if a profession i
Management as Science Science is a systematized body of knowledge pertaining to a specific field of study and contains general facts that explain a phenomenon. It establishes the cause and effect re
Meaning of Management (1) Management as a process: Management is regarded as a process because it includes a series of actions. The management process consists of setting objectives for a en