MN4062QA Principles of Management: Reflective Paper on Key Concepts

This assignment consists of a reflective paper that compares traditional and contemporary management approaches, highlighting the shift from short-term performance horizons and centralized decision-making to more flexible, innovative, and team-oriented strategies. It reflects on personal learning experiences, focusing on the benefits of contemporary business models and the development of skills like teamwork and leadership through group presentations, specifically on Margaret Thatcher and the Competing Values Framework (CVF). The paper also discusses the application of motivational theories and the importance of collaboration, creativity, and analytical skills in achieving academic and professional excellence. The student reflects on how these experiences have enhanced their understanding of management theories and improved their ability to work effectively in teams and develop innovative solutions.

Principles of Management

TABLE OF CONTENT
INTRODUCTION.....................................................................................................................................3
PART 1.......................................................................................................................................................3
Reflective paper.......................................................................................................................................3
PART 2.......................................................................................................................................................5
REFRENCES.............................................................................................................................................7

INTRODUCTION
Principles of management can be analyzed as highly essential for developing functional
improvement within business grounds, where there are various approaches. Report will reflect on
comparison between traditional and contemporary approaches of management.
PART 1
Reflective paper
Traditional and contemporary management approaches are some of the most specific aspects
within management, where the intricate comparison enables to analyze working practical
parameters. Traditional management approaches are focused on short term performance
horizons, extrinsic rewards and explicit coordination with problem solving attention aspects. It
lacks the modern dynamic scenarios, within management approaches where flexibility is more
competitively adopted towards business domains (Nand and Kumar, 2022). Reflecting on both
aspects, will enable better keen understanding of comparison goals, shape long term standard
vision and evolve toward primitive engagement. Both types of approaches are crucial for
strengthening wider technical standards, evolve on oneness within management and determine
leveraged practical competencies. Companies within traditional approaches of management, are
unable to cater towards changing business demands and working potentialities. There is lack of
vision, long term goals functional expansion and towards diverse pace paradigms for improved
output growth functionally.

Based on stability and flexibility parameter, traditional management approaches are
stable and are working with less adaption towards promotion factors. Teamwork and stimulating
morale factors, signifies that traditional management approaches give less freedom of vision and
dynamic competencies. The contemporary modern management approaches give employees
freedom, flexibility to mobilize enthusiasm, creative working ideologies for dynamic expertise
enhancement. Traditional approaches are based on authority and power factors, where decision
making is centralized and modern contemporary management approaches such as authenticity
and transformational are effective as per recent business demands. The comparison signifies that
modern approaches in contemporary business world gives pace to significant increasing demands
for innovation, strong sales management and transform vision functionally. It can be also
analyzed that traditional approaches such as command and control, objectives based upon policy
are less dynamic. Modern management models are authentically diverse, with specific
innovation and multi-dimensional competencies (Nand and Kumar, 2022).
On other hand, contemporary business approaches within management are innovative and
empowering, objectives based upon team performance and dynamics for extended scope
expansion fundamentally. This also explains functional scope towards developing timely
management growth, evolve creative pace to determine opportunities for faster operative
diversification. The contemporary management approaches are based on learning goals, high
performance oriented standards and vision to optimize significant innovation rapidly. Traditional
management approaches lack efficiency, based on operative working standards and are rigid in
nature which impacts overall functional long term positioning. Modern approaches of
management are practically diverse, with authentic pace to rapidly improvise working pace
rapidly and shape long term idealistic aspects innovatively. Furthermore, modern approaches are
dynamic as compared to traditional business aspects which enhances hindered parameters.
Reflecting on varied business management approaches, specific extended potential learning has
been found on for improved vision oriented efficiency. I also have been able to critically evolve
towards dynamic management potentialities of various modern approaches for strengthening
wider untapped paradigms actively. I have also been able to strengthen up core learnings about
contemporary business models management, based on flexible innovative learning needs for
determined parameters. Contemporary business management have diversified my core learning
experience, about specific business criteria for untapped goals among professional business

framework. I have been also able to determine new optimized vision, for leveraged learning
goals actively among working scenarios for academic professional excellence. The varied
procedural benchmarks further competently evolve on determined work experience, based on
significant extended expertise among contemporary modern business approaches.
PART 2
The group work presentation done on Margaret Thatcher signifies that leader has been in period
for longest time of century in UK and has been innovatively participating in various aspects.
Presentation done within group, specifically focuses on development of new learnings and
motivational theories towards dynamic learning goals. CVF, completing values framework in
business focuses on development and training, where rational goal model and internal process
model, human relations model and open systems are some of the keen aspects. I have been able
to learn new scale working expertise, determine untapped skills such as team working and
leadership skills (Nagro and Monnin, 2022). The study has operatively expanded focus on
improved vision, for motivational improvement where ideal business goals are extensively
essential. Presentation done in group, enabled me to mitigate extensively working goals and
generate imperative vision innovatively. There are teamwork and motivational theories, such as
Tuckman team development theory where forming, norming, storming, performing and
adjourning. By analyzing this model, specific focus is pertained on facts that team development
was done heading on towards practical team development theory which competently plays
crucial role. Group theory also further practices abilities, to determine rapid engagement based
on significant learning expertise and potential developed working criteria. Also my team mates
and group working conditions, were collectively working together to determine rapid
engagement and ideally formulate profound working synergies (Rani, 2022). Also specific
improvement was further diversely improved on for extended empowerment goals and collective
potential criteria was worked on for leveraged new abilities. The further practical productive
experience enabled me to shed light on fact that CVF abilities are essentially integral to
primitively engage on oneness, and generate rapid improved vision for wider scale expertise.

I have been able to leverage new scale improvement, for engaged learning towards new skills
and potentialities based on rapid vision. The group work also enabled me to determine new scale
improvement on optimistic learning attitude, for keen strengthened expertise towards diverse
learning expertise. I have been also able to shape expertise towards various models of
motivational standards, and improvising wider domains. Information attained about various
actions, signifies that CVF action imperatives are authentically crucial to improvise diverse
domains for keen long term academic excellence functionally. I have been able to generate new
actions imperatives, which shaped new creative ideas diversely for authentic expertise
primitively. Presentation, is based on engagement within team goals, wider scale authentic
domains and generate extended expertise among extended improved vision (Shkarovskiy,
Kolosova and Begicheva, 2022). I also have been able to develop expertise and strengthen up
competitive goals, for extended developed benchmarks about specific person. It has been
identified that group work using motivational theories such as Maslow motivation theory
signifies, new learning for innovative motivational goals for optimum functional improvement.
While working with various specific team oriented goals, stages of motivational theory were
practically explored for more fundamental experience. Also, my psychological learning
potentialities further has evolved towards determined academic experience widely for productive
learning engagement diversely. I have been also able to synchronize wider creative and advanced
working expertise for more writing expertise potentially within extended time period.
CVF action imperatives are collaborate, create, compete and control which are specific
limited resources based on functional working goals towards dynamic competencies for engaged
wellness (Fergusson, 2022). The CVF signifies that collaboration and creative ideas generation
further forms competent vision to be improved on for creative working synergies diversely. Also
I have been able to critically form improved learning, based on specific efficiency for academic
excellence dynamically. The specific working efficacy developed towards group presentation,
further motivated me to gather insights about specific working improvement. The presentation
made on Margaret Thatcher, was creatively insightful and engaging towards identifying working
goals within specific area The CVF action imperatives discussed also enables to identify specific
learning competing values and facts such as creative learning, vision oriented control and
developing new dynamic vision.

I have been able to further significantly learn about analytical skills and potentiality for
developing rapport towards developed specific functional improvement, based on competent
expertise Also i have been able to develop actions, work on towards primitive core areas
diversely for authentic functional learning. The values competently develop real sense for
extended productive experience enhancement diversely, and is based on primitive working
abilities. Also model has enabled to identify specific vision for engaged new learnings, based
on procedural expansion and developing rapid connectivity (Devec and Wyatt, 2022). I have
been also able to further improvise my performance oriented management diversely, and
strengthen processes competencies for dynamic business. All rational and internal process
models, identifies that specific systems model further improvises working management among
group. There has been potential process management, rationally improvised towards creative
working goals for extended empowerment and larger technical academic excellence goals.
Competing values framework, further systematically develops potential fundamentals for
improved working engagement and strengthen up wider core values dynamically. I have been
also able to improvise wider goals practically, determine internal process management and
models for optimized efficiency. There is also specific working improvement done, based on
specific learning empowerment for improvised creative technical extensive determinants. There
has been also varied potentialities evolved, towards competent management, based on specific
learning functional abilities for management theory empowerment and generates wider core
abilities. The presentation also discussed models, areas of keen potentialities and generated
innovative learning strategically for functional improved abilities diversely. There has been
authentic specific potentiality developed on for determining rapid leveraged improved technical
abilities, and generates productive experience competently (Ayu, Mudjira and Refnaldi., 2022).

REFRENCES
Books ad Journals
Ayu, C., Mudjiran, M. and Refnaldi, R., 2022. Developing a guided discovery model based on
reflective teaching to improve students' short essay writing skills. Linguistics and
Culture Review, 6, pp.422-433.
Deveci, T. and Wyatt, M., 2022. Reflective writing and the self-perceived development of
intrapersonal communication skills among first-year university students in the
UAE. Reflective Practice, 23(1), pp.68-80.
Fergusson, L., 2022. Learning by… Knowledge and skills acquisition through work-based
learning and research. Journal of Work-Applied Management.
Nagro, S.A. and Monnin, K., 2022. Using Simulated Video Analysis to Promote Special
Education Teacher Candidates’ Professional Knowledge and Reflective
Ability. Teacher Education and Special Education, p.08884064211059854.
Rani, B., 2022. Reflective Thinking: Strategies for Enhancing Self-Empowerment of Higher
Secondary School Students. International Journal of Research in Engineering,
Science and Management, 5(1), pp.113-115.
Shkarovskiy, S.I., Kolosova, O.A. and Begicheva, O.L., 2022. Smart Management: Traditional
and Distance Learning in Modern Higher School. In Proceedings of the International
Scientific Conference “Smart Nations: Global Trends In The Digital Economy” (pp.
383-389). Springer, Cham.
Nanda, P. and Kumar, V., 2022. Information Processing and Data Analytics for Decision Making:
A Journey From Traditional to Modern Approaches. Information Resources
Management Journal (IRMJ), 35(2), pp.1-14.