Paradigm Shift in Management Theories: Yesterday and Today

Management theories –
Management Yesterday &
Today
Aim- To Study the Paradigm shift in management theories &
the key reasons that led to the shift

INTRODUCTION
• Several management principles find wide
application in history
• However, it was only in the 19th century that these
management principles took the form of well
structured Theories
• Progress over time led to management experts &
leaders pointing out several shortcomings with the
existing management theories
• Key research questions presented by them led to
steady paradigm shift in the way these
management theories were applied then & now
• What were these questions & How they led to the
paradigm shift in management theories is the key
focus of this presentation

Evolution of management
theories
1910 -Scientific Management
Theory
1920 -Administrative
Management Theory
1930 – 1970 Behavioural
Management Theory
1940-Management Science
Theory
1950 - Organisational
Environment Theory

Scientifi c Management School has given
way to quantitative management
• Quantitative Management finds it origin during the
world war II where scientists, mathematicians and
physicist solved military problems using a
mathematical, statistical & Computational
Approach
• Research questions such as their relevance in the
modern society & application to various domain led
to the paradigm shift in modern management
• In the present era, these concepts encourage
modern management leaders to make efficient use
of quantitative management skills to enhance
productivity, profitability and overall efficient
Mathematical Computational
Statistical