McDonald's: Analysis of Classical Management Approach and Impact

This report examines McDonald's classical approach to management, emphasizing its impact on various aspects of the business. It discusses how the company's adherence to classical principles, such as quality, service, and value, has influenced its operations, planning, and employee relations. The analysis explores the company's ability to adapt to market changes and maintain customer satisfaction. The report also highlights the importance of strategic planning and its role in achieving organizational goals, as well as the impact of the classical approach on the company's overall success and market share. The report also touches on the need for quick adaptation in the competitive fast-food market.

ASSIGNMENT

Table of Contents
Part A...............................................................................................................................................2
Part-B...............................................................................................................................................3
References........................................................................................................................................4

Part A
The CEO of McDonalds relies on smart and productive growth rather on the Growth which is at
any cost; this is the classical approach which the entity has followed over years. The impact of
classical approach has also assisted to handle the internal management like planning and decision
making process, employee relation, communication, etc. The behavioral approach to human
resource also helps the organization in dealing with the unconstructive aspects in a suitable way.
The company follows the four principles (quality, standard, services and value), which are the
only management philosophies which never changed in any of the outlet operating in any part of
the world.
Figure 1: Summarized Classical Approach to Management
(Source: Landau, L. D. (Ed.). 2013)

Part-B
Traditionally, McDonald's has been viewed as a slow mechanism in context of renovations in
getting new items out. In the fast casual market and competitive threat it is very important to
make things happen quicker (Meade, J. E. 2013). The customers of McDonalds are relying on
them for convenience and consistency; it was difficult for the management to live up to the
expectations of speed. The four classical principles have assisted in developing a customer base
seeking improved or ethnic fare with the introduction of a broad range of new items. The entity
has enormous level of relevancy for proper planning of all the activities undertaken into the
outlets. The company has been able to achieve element of quickness only through proper
planning. The organizational has developed huge market share in short period of time. The
organizational has developed huge market share in short period of time.

References
Books and Journal
Landau, L. D. (Ed.). (2013). The classical theory of fields (Vol. 2). Elsevier.
Meade, J. E. (2013). A Neo-Classical Theory of Economic Growth (Routledge Revivals).
Routledge.