GBS 550

Management Theory and practice

Current Managment concepts & models

Subtopic

Main topic

Leadership Vs Management

Leadership

Efficient

effectiveness

Management Process

Relationship btn. Mgt & Leadership

Organisation

Managment

Mary Parker Follett

Maslow Hierarchy

Douglas McGregor's

Herzberg's motivation-Hygiene theory

Rensis Likert

Chris Argyris

Human Relation & Social Psychological

define motivation

early theories

Rational-economic models

social model

self-actualizing model

complex model

Classical Management theory

Three Main Concepts

Specialisation

assembly line

Eliminate multi tasking

higher Productivity

Hierarchical

Owners, BoD- objectives

Middle Mgt - Overseeing Supervisor

Supervisors- day to day

Incentives

Rewards, financial

Higher Incentives, high productivity

efficiency, profit

Autocratic leadership

single leader, quick D.M

Strength, clear roles & tasks

flaws; no creativity, workers=machines,

scientific

Frederick Taylor

4 principles

methodology, recruitment, uses methods, responsibility

Bureaucratic

Max Weber

specialisation,

Administrative

Henri Fayol

guidelines, 14 principles

Note taking Methods

Cornell Method

skewed I, organised

Mapping Method

Visual

Outlining Method

Bullet points

Charting Method

Page/columns

Sentence method

Jotting point