2.2.2 Management Theories
Completion requirements
Lesson 3:
Management
Theories
Management Theories
This lesson focuses on how a manager leads an organization.
Managers must decide on the best ways to organize their teams to
accomplish goals and/or objectives. Various theories on the best
management
style to accomplish this are available. Often, managers may
decide that a combination of
management
theories works best for them.
It’s time to explore some common management theories.
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Classical Management Theory
Henri Fayol (1841-1925) was an engineer with a large mining company in
France. He was not only the first person to identify the specific
managerial functions of
planning, organizing, leading, and controlling,
but he developed the classical management theory in the early 1900s.
This theory explains how managers should organize and interact with
staff. It consists of 14 principles that were revolutionary at that
time.
Bureaucracy was introduced. The term describes an inflexible routine where administration is accomplished through departments and subdivisions managed by sets of appointed officials. All rules, decisions, and actions are formulated and recorded in writing
Bureaucracy was introduced. The term describes an inflexible routine where administration is accomplished through departments and subdivisions managed by sets of appointed officials. All rules, decisions, and actions are formulated and recorded in writing
Why is classical management theory important?
Although developed in the 1900s, variations of these principles are evident in modern management styles.