The Modern Management Theory

Management is commonly used in all organisation across the globe. It is very crucial and the best approach which is required to complete the work. Management consists of three objectives, one which includes reaching goals without having to pay too much expense with minimal amount of wastage produced (Olum, 2016). There are several evidence that suggests people during the pre-historic times followed simple principles of management (Pindur, 1995). Management has developed over the years and in order to maintain a stable organisation, different approaches are used and as the time goes by the theories in regards to management gets modified hence creates modern management theory. Management has been evolving in accordance to the new demands so,

Scientific management is when the workers are living in a proper working environment, the workers are trained in order to enhance their skills, and they are also rewarded and support by their colleagues which leads to further positive outcomes in the working industry. Administrative management helps the company to plan, organise, control and lead better. The contingency approach is also very essential in modern management theory because the overall development of the work place depends upon each individual person as their thought and actions can vary from people to people. Modern managers are often referred to as the ones who have the ability to adapt to the different changes in the 21st century. They are meant to possess leadership qualities, good with technology, motivator and creates strategies globally. They are very vital for the growth of the organisations, the scientific and administrative management is the best way to get work done however, contingency has a huge role in contributing and adapting to the unique changes in the organisation. The theoretical framework of all three theories will be discussed in this

Scientific management is known to be one of the most profitable theories. In this theory it is believed that working in a safe and supportive environment leads to stable work relationship and a gradual increase in cooperativeness leads to a good end result. Whereas, in comparison to administrator management where skills such as human relationship, financial stability and control. Both are very useful for modern theory as it helps improves and is beneficial to the organisation however, they are both made for very different reasons. Scientific management for instances improve the level of stability, efficiency and effectiveness in other words when the workers are happy with their working conditions then that would lead to an increase in the productivity levels (Schermerhorn et al. 2014). The downside behind this theory is that people are treated like machines as the workers will have to work harder and continue in the same pace. There is a limitation in this scientific theory, each individuals are expected to follow the task accordingly but in reality every person is different to one another so it cannot be expected that each person has the ability to do the same kind of thing. There are always going to be people that may not want to work in tough situations. If the workers have to face something more challenging than they are most likely to do well if they get an uplift from the managers and credibility for their