Saturday, 24 July 2010

What factors led to the evolution of management theories?

The
Industrial Revolution

During the industrial revolution, the manufacturing
sector was the main driver of economic growth in Western countries. In a bid to improve
efficiency and boost production, manufacturers adopted the scientific management theory. The
workers were assigned duty stations. There were supervisors to manage the junior factory workers
and make sure that they did what they were supposed to do.

Later on, the
neoclassical theory was adopted as a result of inefficiencies in the classical theory of
management. Manufacturers discovered that high pay was not the only way to motivate workers.
There was also a need to improve the overall working environment.


Technology

The availability of information and ease of
communication has also influenced how companies practice management. Modern management theories
emphasize the importance of data and the adoption of innovation to achieve company objectives.


Scholarly Research

Another notable factor that has
contributed to changes in management theory is different schools of thought. Over the years,
renowned scholars and managers have come up with their theories of
management.

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