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Management
Thought
DR. M MANJUNATH SHETTIGAR
Classical Approach
Classical Management can be divided into three separate schools:
Scientific Management
Administrative Approach
Bureaucratic approach
Scientific Management
Task-and-bonus system
Gantt Chart
Limitations
Human Element
Groups
Power Sharing
Integrity
Elton Mayo: Focus on Human Relations
Challenging Traditional
Assumptions about
Employees
Theory X and Theory Y
Chris Argyris: Matching Human and
Organizational Development
Three major
contributions:
Maturity-Immaturity
Theory
Integration and
Organizational Goals
Model I and Model II
QUANTITATIVE APPROACH
Quantitative Approach
Emerged during World War II
Includes:
Application of statistics
Optimization models
Information Models
Computer Simulations
Branches of quantitative approach:
Management Science
Operations Management
Management Information System
Management Science
Need for management science???
Areas of usage:
Capital Budgeting and cash flow management
Production Scheduling
Development of product strategies
Planning for human resource development programs
Maintenance of optimal inventory levels
Aircraft Scheduling
Operations Management
Operations Management:
Applied form of management science.
Concerned with:
Inventory Management
Work Scheduling
Production Planning
Facilities, location and design
Quality assurance
Management Information System