Development of

Management
Thought
Submitted to
MS. CHANDRANI
GANGULY
Class teacher of BBA
1st semester

Submitted by
Group-5
BBA 1st semester

Introduction
Development of management thought

is basically theory of Management.

Theory is known as body of principles.
As in Mathematic they are known as

theorem. Theory is concerned with

generation derived from data and
establishing significant relationship.

Theories of Management
The Classical Theory of Management

The Classical Theory of

Management
It includes :-

I. Bureaucratic Model by Max

Webber in 1990
II. Scientific Management by F.W.
Taylor in 1910
III. Functional or Administration or
Process Management by Henry

I. Features of Bureaucratic
Model
Rules and regulation
Technical competence
Division of work
Record keeping

II. Features of Scientific

Management
Separation of planning and design
Mental revolution
Standardization of instruments, tools and

Books published on Scientific

management
1. 1903, Shop management
2. Principle and method of
scientific
management
3. 1913 Scientific management

Paper Established
1. 1895, A piece rate system
2. 1905, On the art of cutting
metals

III. Functional management theory

Contribution of Henry Fayal:Planning, Organization, Command, Co-ordination,

Control

Other Contribution Under Functional Theory

(i) Henry L. Gantt:- Gantt is regarded as one of the greatest contributor
of Scientific Management era.
(ii) Gantt Chart:- He developed a daily balance sheet chart called Gantt
chart.

Neo Classical
Theories
It includes:1. Elton Mayos Human Relation
Management (1927-1932)

2. Douglas Mc-Gregars contribution in

X and Y theory
3. Abraham Maslow's contribution

Modern Management Theories

It includes:1. Quantative or Mathematical
approach to management

2. System approach to management

3. Contingency approach to
management

Importance of Development
of Management Thought
1. It increases the efficiency of
workers
2. Making good relation
3. It helps in decision making
4. It helps in coordination

Theory X and Y
Douglas McGregor proposed the two

different sets of worker assumptions.

g Theory

X: Assumes the average worker is

lazy, dislikes work and will do as little as
possible.
Managers

must closely supervise and control

through reward and punishment.

g Theory

Y: Assumes workers are not lazy, want

to do a good job and the job itself will
determine if the worker likes the work.
Managers

should allow the worker great latitude,

and create an organization to stimulate the
worker.

Theory Z
William Ouchi researched the cultural

differences between Japan and USA.

USA

culture emphasizes the individual, and

managers tend to feel workers follow the Theory X
model.
Japan culture expects worker committed to the
organization first and thus behave differently than
USA workers.

Theory Z combines parts of both the

USA and Japan structure.

Managers

stress long-term employment, workgroup, and organizational focus.