Evolution of Management Theory & Practice

Evolution of
Management Theory &
Practice

Table of Contents
 INTRODUCTION
 Analysing developing changes in the current management practices
 Future development in management practices
 CONCLUSION
 REFERENCES

INTRODUCTION
 Management theories have evolved from an increasing emphasis on authority and structure.
 It is concerned with efficiency of employees and organization based on management
practices.
 There are many theories regarding what motivates workers and knowing how these theories
and practices have arrived can help in dealing with the employees.
 This report presents the concept of evolution of management practice before industrial
revolution, development of management practices and growing management practice in
post- industrial era.

Analysing developing changes in the
current management practices
 There are several practices followed by organizations related to management. But organizations modify it based on
the needs. Factors that are changing the management practices are the pace of change, globalization, social
expectation, technology and diversity. Some important changes that are required in current management practices are
stated below.
 Operation management: It refers to the physical process involved in producing and delivering products and
services. It includes procurement of material and inputs and converting materials into finished products. Today, many
manufacturing companies are using computer aided device. Organizations also manages the supply chain of the
organization to find the high quality of materials at lower prices.