Management Theories
Analysis of Management Theories
Chloe Tillman
Grand Canyon University: LDR-620
June 26, 2013
Analysis of Management Theories There are many different management theories that have been developed throughout the years in order to aid individuals within management roles. Even though some of these theories were developed years ago they can still be relevant in today’s society. One of these theories is The Administrative Approach Theory. The purpose of this paper is to explore why this theory can be considered a universal historical theory, the positive and negative aspects of this theory and how one of the management theories can be applied to an organization.
Universal Historical Theory After reading through the historical management theories the writer feels that the Administrative Approach, developed by Fayol, can be considered the most universal and can be applicable in today’s business market. This is because unlike some of the other theories this theory focuses on the entire organization (Daft, 2010). This theory is made up of fourteen principles: Division of work, delegation of authority, discipline, chain of commands, congenial workplace, interrelation between individual interests and common organizational goals, compensation package, centralization, scalar chains, order, equity, job guarantee, initiatives and team spirit (FAO, 2013). “Fayol stressed the importance and the practice of forecasting and planning in order to apply these ideas and techniques” (Boundless, 2013 , para. 10).
Advantages and Disadvantages As with any theory there are always some positive as well as negative aspects to it. One positive aspect of this theory is that since there is a division of work this can increase productivity not only in managerial work but also technical work (FAO, 2013). Another advantage is that since this theory believes in unity of command employees only have to report to one superior. By doing this, employees only take orders from one individual
Chloe Tillman
Grand Canyon University: LDR-620
June 26, 2013
Analysis of Management Theories There are many different management theories that have been developed throughout the years in order to aid individuals within management roles. Even though some of these theories were developed years ago they can still be relevant in today’s society. One of these theories is The Administrative Approach Theory. The purpose of this paper is to explore why this theory can be considered a universal historical theory, the positive and negative aspects of this theory and how one of the management theories can be applied to an organization.
Universal Historical Theory After reading through the historical management theories the writer feels that the Administrative Approach, developed by Fayol, can be considered the most universal and can be applicable in today’s business market. This is because unlike some of the other theories this theory focuses on the entire organization (Daft, 2010). This theory is made up of fourteen principles: Division of work, delegation of authority, discipline, chain of commands, congenial workplace, interrelation between individual interests and common organizational goals, compensation package, centralization, scalar chains, order, equity, job guarantee, initiatives and team spirit (FAO, 2013). “Fayol stressed the importance and the practice of forecasting and planning in order to apply these ideas and techniques” (Boundless, 2013 , para. 10).
Advantages and Disadvantages As with any theory there are always some positive as well as negative aspects to it. One positive aspect of this theory is that since there is a division of work this can increase productivity not only in managerial work but also technical work (FAO, 2013). Another advantage is that since this theory believes in unity of command employees only have to report to one superior. By doing this, employees only take orders from one individual
References: Akrani, G. (2013). Fayol’s administrative management theory. Retrieved from http://kalyan- city.blogspot.com/2011/06/administrative-management-theory-school.html Boundless. (2013). Administrative management: Fayol 's principles. Retrieved from https://www.boundless.com/management/organizational-theory/classical-perspective/administrative-management-fayol-s-principles/ Daft, R. (2010). Management. (9 ed.). Mason, Ohio: Cengage Learning. FAO. (2013). Organizational theories. Retrieved from http://www.fao.org/docrep/w7503 e/w7503e03.htm#exhibit 4: fayol 's principles of management: administrative theory