Development in the Practice of Management

DEVELOPMENT
IN THE
PRACTICE OF
MANAGEMENT

TABLE OF CONTENT
 INTRODUCTION
 TQM
 JIT
 TECHNOLOGICAL INNOVATION AS A DRIVER OF CHANGE
 ENVIRONMENTAL AND SUSTAINABILITY ISSUES
 END OF CAPITALISM AND POST CAPITALISM
 CONCLUSION
 REFERENCES

INTRODUCTION
Practice of management refers to the working methods as well
as innovations that is mainly used by the managers to improves
the effectiveness and appropriateness of working systems.
There are several management practices which are used by
business organization so that optimum utilization of resources
are to be presented that gives successful outcomes in future
terms.

TQM
 Total quality management refers to a management practice
that includes the improvement process of employee-
employer relations, consumer-business relation to get the
qualitative outcomes within the production of good and
services. It has several principles such as customer focused,
total employee involvement, communication, fast decision
making, systematic approach, process centered etc.