Management theories play a crucial role in shaping the way organizations operate and make decisions. In the professional undergraduate programme, students are introduced to various management theories that help them understand the dynamics of the business world. Let's delve deep into some of the top management theories that are taught in these programmes.
Theory | Description |
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Scientific Management | Developed by Frederick Taylor, this theory focuses on improving efficiency and productivity through scientific methods. |
Administrative Management | Pioneered by Henri Fayol, this theory emphasizes the functions of management such as planning, organizing, commanding, coordinating, and controlling. |
Bureaucratic Management | Proposed by Max Weber, this theory highlights the importance of a hierarchical structure, strict rules and procedures, and impersonal relationships in organizations. |
Human Relations Theory | Developed by Elton Mayo, this theory focuses on the social aspects of work and emphasizes the importance of employee satisfaction and motivation. |
These are just a few of the many management theories that students learn about in the professional undergraduate programme. By understanding these theories, students are better equipped to handle the challenges of the business world and lead organizations to success.
Source: Management Study HQ