Reflective Paper on Management: Classical and Contemporary Approaches
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This reflective paper discusses the traditional and contemporary approaches of management, including classical theory of management, human approach, open system model, and contingency theory. It also reflects on the feedback received and the areas of improvement.
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Table of Contents INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 Identify major developments in the history of managerial thought including classical and contemporary approaches............................................................................................................3 CONCLUSION................................................................................................................................5 REFERENCES:...............................................................................................................................6
INTRODUCTION It is important to note that management plays a vital role in an organisation. There are various theories of management that must be followed by an organisation(Church and Alford, 2020). It is seen that the world is changing and there is need of changing the management theories as well. So, in this report there is discussion related to traditional and contemporary approaches of management. Along with that there is reflection of the lessons that are learned from the feedback. MAIN BODY Identify major developments in the history of managerial thought including classical and contemporary approaches Management is the process of optimum utilisation of resources in such a manner that the organisation is able to attain goals and objectives. Each and every company sets there own tasks and works together to achieve success (Siegel and Leih, 2018). The functions of management such as planning, organising, staffing, directing and controlling are followed by the organisation. In the first stage all the plans are set the company wants to achieve in future. Afterwards a proper structure is decided by the company and duties are delegated. Staffing is the process of hiring the right person at right place. The higher authority individuals the provide direction to the employees so that they can work. In the end controlling take place. In this function the company identifies the gaps and work to fill the deviations. Along with that there are various departments that work together with full cooperation in order to achieve goals and objectives successfully. I have analysed that intraditional approachesthe task was to work according to the orders given by the superiors. The higher authority individuals work and take decision that is followed by the company. It is seen that employees used to follow the orders that were given to them and work in such a manner to achieve them. There were use of scientific principles or rational goal model to achieve success (RAO, 2021). It is seen that those principles were followed by the organisations in order to manage the work. There is discussion related to classical theory of management and that I have understood that at hat time employees were motivated by financial rewards and benefits. The employees were always given monetary reward for the effective work that is being done by them. I have also analysed that human approach was also given importance a that time. In the lecture there is discussion related to the theory. It is
evaluated the employees play a vital role in the organisation and the management works to motivate them. Different ways were used by management in order to enhance the morale of employees. There is discussion related to open system model as well. As per the model the organisation makes changes according to the external environment. It is important for them to conduct proper research about the environment and the factors so as to make effective strategies (Ferreira, Mueller and Papa,2018). Here was also discussion related to contingency theory. As the name suggest it is a theory that means taking decisions according to the situation. It is necessary to note that the traditional approach of management was focused on the work done by them. The company has to focus on all the approaches and then work. At that time the working hours were fixed and the employees were also given importance. Proper training was given to them and they were motivated to perform the task effectively. In traditional approach the focus way on hierarchical and organised, command and control, unity of command objective based on the results, As the time changes new ways of management also took place. Thecontemporary approaches of management are also important part of lecture. As the time is changing new ways of doing business take place. As the complex situations in business are taking place. At the same time globalisation ha changes the way of working of the business organisation. The management of the company now uses flexible way of doing business. Despite of the limitations of rational goal theory the principle are still relevant. There are various principles that are still taken care by the company. It is seen that the employees are still essential part of an organisation and company makes all the efforts to keep them motivated (Camargo and et.al., 2018). I have analysed that motivated employees enhance the performance of organisation. There are some situations where the business organisation has to use traditional ways of doing business. The new ways include flexible and adaptable, transformational, innovative, increase collaboration and objectives are based on team performances. It is important to take thefeedbackin a positive manner. As it helps to improve the areas that are weak. As well as it helps to perform better at the time of summative assessment. I god positive feedback and analysed that I have explained the concept of management effectively. But, from the next time I will include the definitions that are given by famous writers such as Boddy or Mintzberg or Drucker. It will help me to get better marks and elaborate the concept more appropriately. It is necessary to elaborate all the elements of management. The tools of
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management such as SWOT analysis and PESTLE analysis were explained. I also wrote about full form ofeach acronyms. I have given clear explanation of the same. But, I forgot to write about Porter's 5 Forces. It is also one of the important tool of management that will help the organisation. As it helps to know about the competitors and form effective strategies to gain advantage over them. I will use the same in future so as to perform better. CONCLUSION There is discussion related to management and it plays a vital role in success of an organisation. There are various approaches of management such as traditional and contemporary that are followed by a company to achieve success. The difference among them is also explained. In the end there is discussion related to the feedback on formative assessment and the points learned from the same.
REFERENCES: Books and Journals Camargo and et.al., 2018. Management theory and big data literature: From a review to a research agenda.International Journal of Information Management,43, pp.112-129. Church, A. H. and Alford, L. P., 2020. The principles of management. InThe Contributions of Alexander Hamilton Church to Accounting and Management(pp. 37-41). Routledge. Ferreira, J., Mueller, J. and Papa, A., 2018. Strategic knowledge management: theory, practice and future challenges.Journal of Knowledge Management. RAO, P. S., 2021. Principles of management of the neonate with congenital heart disease.A Multidisciplinary Approach to Perinatal Cardiology Volume 1, p.426. Siegel, D. S. and Leih, S., 2018. Strategic management theory and universities: An overview of the Special Issue.Strategic Organization,16(1), pp.6-11.