Contemporary Management Theories
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This paper examines the many theories and processes of contemporary management theory and explains the benefits and drawbacks of implementing these theories. The paper explains two of these theories - contingency theory and systems theory - in detail. The writer discusses how all of the contemporary management theories are somehow related to another. The writer then suggests that in order to understand these differences, organizations must become a 'learning organization' and be efficient in their knowledge management. The writer further notes that there are limitations to some of these theories as they are still currently being researched, developed and revised as time passes. The writer concludes that the beauty of contemporary management theory is that it allows us to combine, experiment and find best alternatives in dealing with today's managerial problems.
From the Paper:"Management has been around since the beginning of human civilization, way back to the Egyptian times. The earlier years of the last century gave birth to the first theories in approaching management, which we today classify as the classical perspective. During that time management theorists "conceptualise organisations as machines, and workers as cogs within those machines" (Davidson et al. 2006, p. 21). This view gradually evolved into behavioural perspectives theories. The behavioural theories incorporated the elements of "individual attitudes and behaviours" as well as the "group processes" (Davidson et al. 2006, p. 22). At present we now look at management at a contemporary perspective. Contemporary theories "seek to derive value for the organisation" (Davidson et al. 2006, p. 26) by trying to interpret the "today's organizational environments" through the use of past and current perspectives."
Sample of Sources Used:
- After the Gold Rush. 2000, (video recording), Australia, ABC: Four Corners.
- Bartol, K. et al. 2005, Management: a Pacific Rim Focus 4th Edition, Irwin/McGraw-Hill, Sydney.
- Bird, C. & Schoonhoven. 1981, 'Problems with Contingency Theory: Testing Assumptions Hidden within the Language of Contingency Theory', Administrative Science Quarterly, [Online], Volume 26, Issue 3, page 349. Available from: Business Source Premier. [August 2006].
- Davidson, P., Simon, A., Gottschalk, L., Hunt, J., Wood, G & Griffin R. 2006, Management: Core Concepts and Skills, John Wiley & Sons, Queensland.
- Hougland, J. & Shepard, J. 1978, 'Contingency Theory: "Complex Man" or "Complex Organisation"?, The Academy of Management Review, [Online], Volume 3, July Issue, page 413-427. Available from: JSTOR. [August 2006].
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Contemporary Management Theories (2008, February 10) Retrieved July 03, 2020, from https://www.academon.com/essay/contemporary-management-theories-100897/
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