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  • Evolution of Management Thought

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    KARAN GAIKWAD
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    1. The classical management theory from the early 20th century viewed workers as having only physical and economic needs and advocated for specialization of labor, centralized leadership, and profit maximization. 2. Notable classical theorists included Henri Fayol, Max Weber, Frederick Taylor, and Luther Gulick who focused on bureaucracy, administrative principles, and scientific management. 3. Modern approaches from the mid-20th century recognized social and job satisfaction needs and incorporated theories from theorists like McGregor, Herzberg, Argyris, and Likert.

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    1. The classical management theory from the early 20th century viewed workers as having only physical and economic needs and advocated for specialization of labor, centralized leadership, and profit maximization. 2. Notable classical theorists included Henri Fayol, Max Weber, Frederick Taylor, and Luther Gulick who focused on bureaucracy, administrative principles, and scientific management. 3. Modern approaches from the mid-20th century recognized social and job satisfaction needs and incorporated theories from theorists like McGregor, Herzberg, Argyris, and Likert.

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    36 views2 pages

    Evolution of Management Thought

    Uploaded by

    KARAN GAIKWAD
    1. The classical management theory from the early 20th century viewed workers as having only physical and economic needs and advocated for specialization of labor, centralized leadership, and profit maximization. 2. Notable classical theorists included Henri Fayol, Max Weber, Frederick Taylor, and Luther Gulick who focused on bureaucracy, administrative principles, and scientific management. 3. Modern approaches from the mid-20th century recognized social and job satisfaction needs and incorporated theories from theorists like McGregor, Herzberg, Argyris, and Likert.

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    of 2

    Classical Approach Neo classic Modern Approach

    /structural theory of
    organization
    1. Henery Fayol's(“Father of PF Drucker
    Classical management theory is Principles of Management”) Koontz, O’Donnell
    based on the belief that workers (Admin theory)
    only have physical and economic 2. Argyris
    needs. It does not take into 3. Herzberg
    account social needs or job 4. McGregor
    satisfaction, but instead advocates 5. Likert
    a specialization of labor,
    centralized leadership and
    decision-making, and profit
    maximization.

    a) It treated organisations as
    closed systems
    b) Ignored the role of human
    element
    c) Division of labour
    d) Span of control
    e) Specialization , structure,
    scalar and functional
    1) Bureaucracy (Weber),
    2) Administrative Theory
    (Fayol),
    3) Scientific Management
    (Taylor)
    4) Luther Gulick,
    5) Urwick, Mooney and
    Reiley

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