Essay On Management Theories

Added on -2020-02-19

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Running Head: There is only one best way to manageEssay: There is only one best way to manageEssay
EssayP a g e | 1Table of content:Introduction...........................................................................................................................................2Management..........................................................................................................................................2Contingency Theory..............................................................................................................................3Adapting to changing circumstances.................................................................................................3Conclusion.............................................................................................................................................4References.............................................................................................................................................5
EssayP a g e | 2Introduction:“There is only one best way to manage”, I strongly disapprove of this particular sentence or a notion, as there can be “n” number of best ways possible to do a task depending on multiple things like people, culture, shared values, beliefs, etc. The different management theories alsosay the same, in the light of different theories which were laid down by management gurus & experts. Every organisation has decision makers who are entirely/partially different from other firm’s people, they though might face same or different business challenges which mustbe tackled, everyone uses his/her own best judgement to arrive at the best possible solution which has to be the best solution, or the best way to manage the situation(Hill, Jones & Schilling, 2014). In the following essay I would be using different management theories and few examples which would support my disapproval to the sentence, “There is only one best way to manage”. I believe in an alternate theory, “There is no one best way; The contingency theory.Management:Management is common in day to day life, so when it comes to organisation, no matter whatever the structure may be, management becomes pivotal to the firm. Management can beunderstood as a process of planning, organising, staffing, directing and controlling(Waring, 2016). There are various theories of management which evolves around the fact that management can be seen as a study of both science and art.Management theories framework (Jaber, 2016)Classical Approaches Assuming: People are realScieintific managementFredrick taylorFrank & Lillian gilberthAdministrative principlesHenry FayolBureaucratic organisation

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