Define theories, model and principles with practical example?
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This article discusses management theories, models, and principles with practical examples. It covers system theory, human relation theory, and management models like Lewis's change management model.
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MANAGEMENT THEORY
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Table of Contents Define theories, model and principles with practical example?..................................................3 REFERENCES................................................................................................................................5
Define theories, model and principles with practical example? Management theories termed out as collection of ideas that are suggested general rules that defines how to manage an organisation activities effectively (Johal and Sandhu, 2016). Therefore, Coco Chanel is French fashion designer that works as to produce fashionable accessories. Hence, working enterprise uses the following theories such as-: System theory- This is one of the dominant organisational theories in management today. This treats an enterprise as either an open or closed system. Therefore, Coco Chanel uses this theory that assist to develop unifying principle by the use of integration of various sciences, natural and social. However, this enhances the organisational adaptability to environmental changes. In addition to this, system approach allows to evaluate elements within market that highly affects the profitability of business. For example- Marketing department of the Coco Chanel works as to make regular interaction with customer through feedback mechanism approach. Hence, this aids to make better connection with customers. It is one of the effective way to enhance the brand image of the enterprise. Human relation theory-This is theory that is significant process with help of which an individual attitude and work can be integrated with aims to accomplish corporation in enterprise as a whole (Tundys and Fernando, 2020).Henceforth, the chosen enterprise uses this approach as this aids to improve motivation with help of proper working conditions, effective training programmes and timely payment of wages and incentive etc. Henceforth, this entity uses this approachbyputtingfocusontoemphasiseontheroleofpeople,communicationand participation in bureaucracy and also allows to focus on informal structure of the enterprise. For example- The Coco Chanel uses this approach by providing training to employees so that their skills can be sharpened. This method aids to conduct business activities effectively with maintaining proper communication with individual. Management models-: This is model that aids to bring out the systematic working within the enterprise. Henceforth, this is as-: Lewis's change management model-This is model that aids to make understand organisation and structured change so that business working can be improved (Tundys and Fernando, 2020). Therefore, this fall in details as-:
Unfreeze-: The chosen entity uses this method as business activities are uncertain. To get high amount of profitability, bring changes in enterprise is crucial and needed. It is the phase that is significant due to most of people in the organisation resist to change. Change-: It is method that uses by the organisation to deal with the changes within enterprise. By the enterprise the organisation embraces new happenings, developments and changes. Hence, Coco Chanel uses this approach so that entity can cope up within changes in order to deal with future uncertainty. Refreeze-: The changes are needed to be accepted, embraced and implemented by the people of the organisation For this, chosen enterprise conducts training so that things employee can accept the changes easily.
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REFERENCES Books and Journals Johal, L.K. and Sandhu, A.S., 2016. Developing an efficient utility theory based VHO algorithm to boost user satisfaction in HETNETs.Indian J. Sci. Technol,9, pp.928-969. Tundys, B. and Fernando, Y., 2020. Sustainable supply chain management–Key Performance Indicators (KPI) as an element for measuring of processes.Transport Economics and Logistics,83, pp.31-50.