Organizations in an unstable environment need to be able to respond quickly to changes, thus they require specialization for non-routine tasks and problems. Managerially speaking, an organization looks to the system above it in the hierarchy to define its purpose, and then organizes its subsystems to serve that purpose. Internally, the system view looks at subsystems and internal functions. Organizations want to adopt new techniques and methods that improve their working efficiency and also give more attention to employees and customers. Basically, management is a technique used in every organization or business to run the system of business. Employees working style is going to change. Globalization? Modern Management Theories. While using these approaches or modern management theories, it is responsibility of executives and management to realize the need of approach and then apply it according to situation. Organizations become more advance and more technical. Sometimes, with the changes of organization environment, these approaches may not applicable. All previous and current data related to all operations in organization is collected. While making strategies or business plans, it should be considering that which area requires more attention. In other words, we can say that modern management theory not only focus on working setup, strategies and techniques but also pay attention on employees satisfaction area to enhance the productivity of organization. Conversely, researchers suggests that managers themselves perform differently in different situations, and their success is as much situational as it is based on their talents and behaviors. We’ll talk more about that in a future module. Although they appear to be chaotic behaviors, they can be defined by mathematical formulas and are not as random as one might think. Now it’s the duty of decision makers and team to use that methodology where it suits best. With the passage of time the concept of management is going vast. Old ways of management not suitable for current and new environment of organization. If a manager is going to be successful he or she must understand the different aspects of an organization and the factors which can affect performance. It helps to achieve the objective of organization and also view all organization as an open system to verify each and every portion and part of system. Now customer wants a smart computer having all features that is current need of customer. Verify the starting and ending of system boundaries. An organization with decentralized processes is an advantage when there’s a unstable environment. In this approach, all the decisions related to management are considered. According to Peters, changing global environments and technology are evidence of chaos, and businesses should not just observe them without response. Company focus on all parts of system and verify which area need more advancement and which need less, also identify and problems faced by employees because they have the knowledge of old method ,so new training courses arranged for them to learn more new technologies and working methods and improve the productivity of company. Peters suggests that organizations review their vision and mission, and be open to and willing to embrace change. We should adopt new strategies and set targets according to current need and also give proper facilities to our employees, so that they happily with organization and work with their full efficiency, and interest and improve the productivity and profitability of business. Save my name, email, and website in this browser for the next time I comment. We can say that Modern Management is adopted instead of basic management criteria. Operation Management checks all the production process; supervise all the system by suing different methods like statistical quality control, networking etc. In it, he emphasizes that managers must be prepared for a constantly changing environment. We’d love your input. This approach is specifically used to resolve the management problems .this is an integrated approach to find out the solutions of major management issues. This approach is used in both general and specialized systems. All informative data and its usage should do properly. The new thought of management theory was introduce in 1950s. This approach is better than system approach. What kinds of variables affect the performance of an organization and its workers? They want respect and proper attention between their other employees and want some appreciation towards their working abilities, which increase their working productivity in a positive manner. Scientific Management theory is the theory that you need to give workers an incentive to work harder and to produce greater results by observing their work methods over a period and then show them better and more effective ways of working or completing a task. Work technologies have an impact on organizations as well. But they can have divisional structures with workers that are highly specialized, and this may not be appropriate for a smaller organization. For one, an organization’s size is a contingency factor. For example, another contingency factor may be environmental change and uncertainty may also impact the way an organization is managed. This approach is working as all the points or systems are interconnecting with each other, their working depends on each other in a specified regularity to make a single product or achieve a single task. Also known as management science approach. It focus on hierarchy of subsystem which is a major part of every system. Externally, the concept dictates that each system has a role to play in the system at the next level up. Every system is produce due to some specific reason. The management of this company adopts new techniques and methodology that fulfill the need of customer. In the early 1980s, Tom Peters, management guru, wrote a handbook explaining the Chaos Theory, specifically intended for managers. After, 1960 management thought has been turning somewhat away from the extreme human relations ideas particularly regarding the …

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