Early Management Practices
Management has evolved through experience and research during last many years. Different regions on the globe evolved different approaches to handle situations.
Period| Regions| Management approach|
3000-2400 BC| Sumerians| Development of written records; one of the oldest written law by Akkadian rule, Ur-Nammu| 3000-1000 BC| Egyptians| Pioneered in national government, full civilization, buildings and roads and other infrastructure: Full planning involved| 2700-500 BC| Babylonian| Oldest and complete set of rules by Hammurabi, an Amorite ruler| 1000-200 BC| Greeks| Functional local government, democracy and government| 800 BC-500 AD| Roman| Roman Republic with Senate and councils| 1500 BC-1300 AD| Chinese| Good government, cultural empowerment, flourishing science and arts| 450-1500 AD| Venetians| Laws related to commerce, highly dominant commerce through area|
Adam Smith (baptised 16 June 1723 – 17 July 1790 [OS: 5 June 1723 – 17 July 1790]) was a Scottish social philosopher and a pioneer of political economy. One of the key figures of the Scottish Enlightenment, Smith is the author of The Principles Which Lead and Direct Philosophical Enquiries, Illustrated by the History of Astronomy, prior to 1758, The Theory of Moral Sentiments, 1759, and An Inquiry into the Nature and Causes of the Wealth of Nations, 1776. The latter, usually abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work ofeconomics. Smith is widely cited as the father of modern economics and capitalism and is still among the most influential thinkers in the field of economics today. In 2009, Smith was named among the 'Greatest Scots' of all time, in a vote run by Scottish television channel STV. Smith studied social philosophy at the University of Glasgow and at Balliol College in the University of Oxford,...