General Management Theories

General Management Theories There argon quartet general management theories. 1. Frederick Taylor possibility of scientific Management. 2. Henri Fayol administrative Management Theory. 3. guck Weber Bureaucratic Theory of Management. 4. Elton Mayo Behavioral Theory of Management (Hawthorne Effect). 1. Frederick Taylors Theory of Scientific Management. Taylors theory of scientific management aimed at, improving economic efficiency, especially labor productivity. Taylor had a simple view about, what motivated plurality at work, money.He felt that, workers should get a, fair days pay for a fair days work, and that pay, should be linked to the gist produced. Therefore he introduced the, DIFFERENTIAL PIECE RATE SYSTEM, of paying wages to the workers. Taylors Differential flip pose Plan. If Efficiency is greater than the defined Standard then workers should be paid 120 % of Normal Piece Rate. If Efficiency is less than standard then workers should be paid 80% of Normal Piece Rat e. Principles of Scientific Management. Four Principles of Scientific Management are 1. Time and motion study Study the way jobs are performed and find forward-looking ways to do them. 2.Teach, train and develop the workman with improved methods of doing work. Codify the new methods into rules. 3. Interest of employer employees should be fully harmonized so as to secure mutually understanding dealing amidst them. 4. Establish fair levels of performance and pay a premium for higher performance. 2. Henri Fayols Administrative Management Theory Henri Fayol known as the Father Of Management laid down the 14 principles of Management. 1. plane section of Work. 2. Equity. 3. Discipline. 4. Initiative. 5. Authority and Responsibility. 6. Esprit De Corps. 7. Subordination of Individual Interest to General Interest. . Stability of Tenure. 9. Remuneration. 10. Unity of Direction. 11. Centralization. 12. Scalar Chain. 14. Unity of Command. 3. Max Webers Bureaucratic Theory Of Management Weber made a distinction between authority and power. Weber believed that power educes obedience through force or the threat of force which induces individuals to deposit to regulations. According to Max Weber, there are three types of power in an organization- 1. Traditional antecedent 2. Charismatic Power 3. Bureaucratic Power or Legal Power. Features of Bureaucracy 1. Division of Labor. 2. pro forma stratified Structure. 3.Selection based on Technical Expertise. 4. Management by Rules. 5. Written Documents. 6. Only Legal Power is Important. 7. Formal and Impersonal relations. 4. Elton Mayos Behavioral Theory of Management Elton Mayos experiments showed an increase in worker productivity was produced by the psychological stimulus of being singled out, involved, and made to feel important. Hawthorne Effect, can be summarized as Employees provide respond positively to any novel change in work environment like break-dance illumination, clean work stations, relocating workstatio ns etc. Employees are more productive because they know they are being studied.