Essay about Evolution Of Management And Its Impact On Management

1507 Words Jul 17th, 2015 null Page
Adam Smith, Frederick Taylor, Elton Mayo, Abraham Maslow, Douglas McGregor, and Rensis Likert were great researchers who contributed many valuable theories and concepts to the study of management. Changes and improvements in the field of management began to emerge with the Industrial Revolution (Bateman and Snell, 33). Since then, management approaches have significantly changed. By studying each of these researchers, we’ll discover the importance of how the evolution of management has transformed the way we approach and incorporate modern assessments on management today. Thus, these great researchers have created a legacy that has evolved into guiding future management practices (Bateman and Snell, 33). It was during the Industrial Revolution that companies began to grow and became more multifaceted. Due to mass production and economies of scale, it created the need for concentrated and systematic approaches regarding management issues (Bateman and Snell, 33). “The systematic management approach attempted to build specific procedures and processes into operations to ensure coordination of effort” (Bateman and Snell, 34). It was the influences of Adam Smith, a “Scottish social philosopher and political economist” who inspired the systematized management approach (“Adam Smith | Biography”). Adam Smith was best known for his publication The Wealth of Nations, which was published in 1776 (“Adam Smith”). One of the book’s core emphases focuses on division of labor and the…

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