The Three Major Schools Of Thought In Management And Organizational Theory

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Ans. The three major schools of thought in management and organizational theory are:
1. Classical Management theory
2. Neo- Classical Theory
3. Modern Management Theory

1. Classical Management Theory: The classical theory was first introduced in 1900’s by F W Taylor and Henry Fayol. This theory recognize the role of management plays in particular organization. They state machine like properties of organization and their purpose is to define the limited goals of the organization. So, that the production process of organization in such a way so that they achieve organizational desired goals. This theory is less flexible to make any change. In this labors are considered as another factor for production.
The major contribution in this theory …show more content…

Neo- classical Theory: The time period of this theory was between 1920-1950’s. This theory improves the limitations of classical theory by paying attention towards motivation, communication, attitudes of individuals etc. this theory took as a consideration towards human side of organization and the social needs of employee. The two important groups named human relation school and behavior school are introduced under neo classical theory during 1920 & 1930.

Strength:
1. Satisfaction and communication increased in organization.
2. Increased productivity.
3. Improve the limitations of classical theory.
Weakness:
1. In this theory employees had more focus on their social needs rather than focus on their duty or focus on the production.
3. Modern Management theory: This theory work towards both organizational goals and social needs of employees. It focus on the development of organization and workers in same manners. This theory refers to emphasizing the use of systematic, mathematical and complex techniques in the system with analysing and understanding the interrelationship of management and workers with each other in all aspect.
Strength:
1. Productivity and satisfaction of employees is parallel
2. It is easy to take any decisions.
3. Increased staff participation in production and group discussions.

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