Analysis of Management Practices Evolution and Future Developments

This report examines the evolution of management practices, highlighting the impact of current and potential changes within the operational environment. It explores key developments such as the toolbox approach, departmentalization, digitization, and adaptability, providing insights into how these elements shape modern management. The report also emphasizes the importance of understanding these changes for ensuring organizational sustainability and growth. The analysis covers various aspects, including technological advancements and the evolving roles of managers, offering a comprehensive overview of the subject. The report concludes by emphasizing the importance of analyzing these changes to adapt management practices effectively.

EVOLUTION OF
MANAGEMENT THEORY
& PRACTICE

Table of Content
• Introduction
• Development in Practices of Management as per Current Changes
 Development in Practices of Management as per Future Changes
• Conclusion
 References

The practices of management had been evolving since
their emergence within the pre-industrial era. Moreover,
in today's corporate scenario, there are several evident
changes that are modifying the management practices,
with several potential shifts that would be doing the same
in future. Hence, the presentation ahead is based on
development in these practices, as directed by the current
and potential changes within the operational environment
within organizations
Introduction

Practices of management has been evolving for more than century and its current and effective
evolution is related to the changes within the operational environment of different organisation.
Furthermore, these changes are required to be tapped and analysed in order to see the modifications
within these practices in the current as well as future business scenario. Hence, some of the most
prominent developments in practices of management are explained below:
Development in Practices of Management as per Current
Changes

 Operations Management: This is one of the main developments mentioned above within the post-
industrial revolution era, however, is very much into practice currently and has seen several
developments as per the current changes within the marketplace.
 Toolbox Approach: Where departments are being segregated, the approach towards implementation
of management is becoming more flexible with time. Another development in this regard is
associated with toolbox approach, which restricts the managers of having a manual for their
functions, rather than provision of a toolbox containing different practices and theories to be applied
by them as per their own competence, experience and mindsets.
Cont...

 Departmentalisation: One of the major current developments within the management practices is
that there is a high level of departmentalisation within the overall organisation. This means that
there is due to current changes within the organisational structuring of large scale companies,
management has become more specific.
Cont...

 Digitization: One of the key developments in practices of management within the foreseeable future
is digitization This means that the whole management within the future has the potential to
eliminate human intervention completely. The change related to this development is associated with
Technological Advancements.
 Adaptability: This development is related to flexibility and shift in management practices as per the
marketplace. Moreover, it contains factors such as political, economical, social, technological and
legal aspects within the operational environment of an organisation.
Development in Practices of Management as per Future
Changes

 Multi-Faceted Management: This future development would be requiring a new and transformed
roles of managers within organizations This means that the roles would be re-invented within the
marketplace as per the current situation which the firm would be facing.
Cont...

Thus, it could be concluded from the presentation above that the management practices has a very
clear impact from the current and potential changes within the operational environment of businesses.
Furthermore, analysis of these changes are necessaries for companies today, in order to bring positive
changes within their management practices and ensure appropriate sustainability and growth.
Conclusion

Bowen, D. E., 2016. The changing role of employees in service theory and practice: An
interdisciplinary view. Human Resource Management Review. 26(1). pp.4-13.
Calás, M. B. and Smircich, L. eds., 2019. Postmodern management theory. Routledge.
References

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