Here is a list of the most eminent contributors of management thought who have made enormous additions to the subject of management. 1. Contribution of Henri Fayol (1841 -1925) towards Management Thought: He was considered as the "Father of Principles of Management". He was a mining engineer by profession. At the age of 47 he was appointed as the General [...]
Major schools of management thought may be classified as under: 1. Management Process School 2. Empirical School 3. Human Behaviour or Human Relations School 4. Decision Theory School 5. Mathematical or Quantitative Management School 6. Systems Approach to School 7. Contingency Approach. Term Paper # 1. Management Process School: The chief contributors belonging to this school are Henry Fayol, J.D. [...]
In this article we will discuss about the evolution and approaches to management thought. Evolution of Management Thought: Art of management is as old as human civilisation. Before the twentieth century there was no systematic study of the subject. Management was considered to be a personal ability. Management was a kind of 'trick' of businessmen which could not be studied [...]