Management Principles Analysis 2022

Running Head: MANAGEMENT PRINCIPLES
Management Principles
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MANAGEMENT PRINCIPLES1
1.-
The idea of developing organizational theories started just after the commencement of the
20th century. The expansion of global empire and industrialization made the theorists to realize
the need of a profound organizational theory. The inception as well as induction of ‘Strategic
Human Resource Management’ and ‘Participative Management’ dates back to 1920 (Jones
2013). There are some renowned organizational as well as management theories that dealt with
the structural analysis of an organization. With the advent of new technology that appeared in
19th century, the productive outlook of the industrial world changed drastically. The usage of
advanced technology led a change in productive output of an industry.
The qualitative as well as quantitative changes brought by the advanced technology
changed the organizational outlook ‘The Classical Management theory’ is often considered as
the early modern theory. In this theory the very first concept of ideal manager was theorized.
Instead of upgrading the machineries, a manager insisted upon the increase in employee
efficiency. Another pertinent early management theory is ‘Scientific Management Theory’
developed by inventor Frederick Taylor This theory depicts that scientifically trained employees
can help in increasing gross productive output (McKenzie and Woodruff 2013). In simple word
it can be said that this theory implemented the scientific approach to increase the productive
output in most cost effective way. One of the most important theories of that time was
developed by Henri Fayol . This theory is widely known as Fayol’s14 principles of management.
This theory critically shades light on the administrative approach of an organization. This 14
principles emphasized on the employee efficiency through which a collaborative target can be

MANAGEMENT PRINCIPLES2
achieved. Through his principles Fayol succeeded in delivering the most aptly prescribed way in
which the target can be achieved.