Developments in the Practice of Management

Developments in the
Practice of Management

Table of Contents
 INTRODUCTION
 Total Quality Management
 Just-in-Time
 Technological innovation as a driver of change
 Environment and sustainability issues
 End of capitalism and post capitalism
 CONCLUSION

INTRODUCTION
The presentation will discuss about different theories of management. Theories
of management are theories on the basis of which management can carry out
their managerial activities. Topic this study will cover are Total quality
management, just in time, technological innovation, environmental and
sustainability issues and end of capitalism and post capitalism.

Total Quality Management
TQM can be defined as approach of management
that focuses of long term success of organization.
In order to achieve long term success organization
works on gaining customer satisfaction. Ford
motor company is one of the organisation that uses
total quality management. Some of the concepts of
TQM includes customer-focused, total employee
involvement, employees at all level of organisation
participate in total quality management. process
centred, strong emphasis is placed on improving
process rather than product, continuous
improvement in which organisation work towards
regularly and continuously improving processes
and fact based decision making.