Comparison of Traditional and Contemporary Approaches of Management
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This report compares traditional and contemporary approaches of management. It explains how these approaches impact an organization's growth and development. The report also includes insights from different theories and experiences. Additionally, it discusses the importance of teamwork, team motivation, and collaborative efforts in achieving goals.
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Principles of management
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Table of Contents INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 PART A...........................................................................................................................................3 Compare contemporary and traditional approaches of management..........................................3 PART B............................................................................................................................................5 CONCLUSION................................................................................................................................8 REFERENCES:...............................................................................................................................9 Books and Journals.....................................................................................................................9
INTRODUCTION Management refers to the administration and coordination of different activities and operations in an organisation which assist them in commencement of operations. It involves formulation of different strategies and policies for the achievement of goals and targets(Berman, Evans and Chatterjee, 2018). Proper management assist organisation in maintaining better coordination and communication among each other. It clarifies doubts and miss understandings which results in accurate and smooth operations. This report will include about reflective paper which cover differences in traditional and contemporary approaches of management. MAIN BODY PART A Compare contemporary and traditional approaches of management Organisations adopt different approaches according to their business environment so that they can implement correct strategies. Business environment is dynamic which needs regular adaptation of new changes and alterations. New approaches assist organisations in overcoming various challenges and problems by generating solutions for them. Some of the businesses use traditional approaches of management which majorly focus on the targets and goals which are developed by senior management. It helps them in enhancing their sale and profitability which is essential for growth and expansion(Dahlgaard-Park, Reyes and Chen, 2018). Clear rules are undertaken according to this approach which should be communication among all the employees in an organisation. Organisation who follow this approach can punish their employees for not completing targets and meeting deadlines. It is mandatory to follow all the rules, regulations and guidelines which are formulated by an organisation so that employees can avoid punishments and threats. It consist of human theory which focus on the motivation and productivity of employees in effective manner. It promotes healthy relationship at work place so that positive environment can be maintained in effective manner. Organisation have to analyse the behaviour of their employees so that they can develop strategies which can be implemented by their employees in best possible manner. Interpersonal approaches should be considered while managing the organisation which can include formal and informal elements. Structure of an organisation should be formulated according to the their environment. Businesses may opt for hierarchical structure which maintain proper chain of communication.
On the other hand contemporary approach can be said as modern approach which involves different functions related to business. Activities like decision making, planning, controlling and monitoring are included in this approach. Goals can be easily achieved by an organisation with the help of this approach along with the focusing on interest of all the stakeholders(Heath,2018). Current market trends are followed by this approach so that organisation can easily gain competitive advantages in order to accomplish their targets. It can involve quantitive management, system theory, organisational behaviour. It encourages all the employees in taking decisions and participating the the planning process and decision making so thatemployeeengagementcanbeincreased.Participationofeveryemployeeresultsin improvement of their productivity and performance. It ensures the optimum utilisation of available resources so that organisation can maintain proper budget. Different sources are used by organisation so that they can motivate their employees. Effective teams can be formulated by an organisation so that collective efforts can be used in order to achieve goals and objectives. Involvement of all the employees make decision process more effective and fast which fulfil all the requirements of achievement of success(Subramanyam and Hagstrum, 2018). Contemporary approach suggest that organisations can provide training to their employees so that they can improve their skills and experiences. Proper monitoring and tracking should be done by managers on regular basis so that mistakes and errors can be analysed on prior basis. It is evaluated that organisations who uses contemporary approaches can grab various opportunities which can assist them in growth and development.
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PART B It has analysed for own role of presentation that it is necessary to develop skills and abilities to work in a team. It is vital to work on the basis of knowledge provided and materials shared in the universities. There are key areas for own development and abilities by setting good team behaviour and attitude. It enables the formal and informal teams which ensure that, all the members know about the skills and capabilities of other team members. It shows that, team can be worm effectively only by maintaining collaboration and coordination amongst each other. It has analysed from the teamwork theory of Tuckman to build a team that works together to achieve the goal. In order to ensure the work in the first stage of behaviour and forming. In this, the teams get settled and the tasks are provided to them (Xoshimova, and Tojiboeva, 2021). They get aware about various activities and gets familiarise with the environment. In this stage, there are necessary areas which creates impact on the organisational working. The storming stage shows that, the team members tries to understand other values and behaviour. They may involve in conflicts which might impact on their project competition. Therefore, from own experience it has stated that, this stage is vital to look for the individual’s behaviours. The other stage of team development is norming in which, the teams start adopting the environments and gets sense of maturity in their decisions and behaviour towards others. The members build relations at this stage and ready to work on the same gaols by initiating own efforts. The another stage is performing in which the members forms a strengthening team in which they know each other strong and weak points. So they perform every activity in an effective way by helping each other in the most difficult times. This generates support and cooperation among them which is a great start of team development. They can even work without requirement of much control and supervision as the members become able to motivate, guide and support each other. The last stage of the theory is adjourning stage which enable dissolvent of the team that ensure the support and behaviour of the team working (Haberbosch, 2021). Therefore, it is necessary to put concentration on building relations and compilation of the work. Apart from the theory of team development, it is necessary to look for team motivation as it is the vital factor in completing work and goals. Therefore, motivation is the key to success which makes a person work hard for achieving what they want. So, team motivation can be generating through supporting them throughout the work. The team members are helpful in creating best place to work by motivating others. As per the vroom expectancy theory, it has analysed that by giving proper way of
motivation, the people will work effectively and achieve task objectives. The Valence stage shows that, when people gets work with their task in which they are specialised. It is a kind of motivation which helps them to generate the targets. The other factor is expectancy; it has analysed that it includes the expectations of the team members which ensure that all the people gets for what they have worked (Baoxing, 2018). All the valence and expectancy are becoming a key for individuals to put their best efforts in working. Therefore, it is necessary to involve rewards, appreciation and others which are in the wants of the members. Therefore, to make collaboration in the team, it has analysed that there is involvement of cooperative efforts. It has analysed from the CVF’s action that collaborators will do the things in together working. This will get 8 ratings which involves initiative and own engagement. Fist creates the plans and them do the things, it is the motto of the individual which enhance the role of getting points in the working (Koutamanis, 2022). Apart from this, they could control the wrong things and takes decisions for the right one. This is the responsibility of the leader to manage work and team relations through creating plans, communicating with others and provide all the guidelines which are necessary for the growth and development of each individual.
CONCLUSION Management is the vital part of an organisation which assist in formulation of policies in effective manner. Plans should be carried out in given time period so that they can implement for achievement of objectives. All the available resources can be utilised in appropriate manner with the help of effective management. Employees can work in better manner by following different rules and regulations which are part of management. This report included about different approaches of management and their comparison. Experiences with the help different theories are explained in this report.
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REFERENCES: Books and Journals Baoxing, Q., 2018. Resilient urban design methods and principles based on the complex adaptive system theory.Landscape Architecture Frontiers,6(4), pp.42-47. Berman, B., Evans, J.R. and Chatterjee, P., 2018.Retail management: A strategic approach. Pearson Education Limited. Dahlgaard-Park, S.M., Reyes, L. and Chen, C.K., 2018. The evolution and convergence of total quality management and management theories.Total Quality Management & Business Excellence,29(9-10), pp.1108-1128. Haberbosch, T.L.,2021.FinancialManagementPrinciplesandSustainabilityofNonprofit Organizations:QualitativeDescriptiveCaseStudy(Doctoraldissertation, Northcentral University). Heath,R.L.,2018.Issuesmanagement.Theinternationalencyclopediaofstrategic communication, pp.1-15. Koutamanis, A., 2022. Building Information-Representation and Management: Principles and Foundations for the Digital Era. Subramanyam, B. and Hagstrum, D.W., 2018. Resistance measurement and management. InIntegrated management of insects in stored products(pp. 331-397). CRC Press. Xoshimova, X.N. and Tojiboeva, R.G., 2021. General Principles of Employee Motivation Management.American Journal of Social and Humanitarian Research,2(4), pp.121- 126.