Comparison of Management Theories

The analysis of the historical development of neoclassical and classical approaches of management is one of the major areas of study for different organisations as well as management students and researchers. The illustration of historical development of management theories identifies two major phases such as classical term composed by Fayol, Taylor and Weber and the neoclassical term developed through human relation movement and Hawthorne experiment. The study has detailed and analyzed the logical and application differences of few major theories and principles of these classical and neoclassical phases. The study has mainly targeted to evaluate Elton Mayo’s “Behavioural Theory”, Max Weber’s “Bureaucratic Theory” and Henri Fayol’s “Administrative Management”. A brief illustration of the theorists in terms of their early work life and contribution to the management theories and practices has highlighted the difference between their approaches towards the management practices and its developments. The evaluation of their theories has detailed that the principles of Elton Mayo is focused on emphasizing on the importance of social relationship to introduce human relation movement in organisational development while the theories of Max Weber is targeted to implement chain of command and hierarchical authority to achieving organisational goals. Alternatively, the research work of Henry Fayol describes the efficiency of unity of command and specialization in organisational development. The final discussion of the study has identified the importance of each theory in the improvement and development of managerial functions in different types and size of organisation by highlighting a number of valuable examples.

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