Selecting first-class men or an A team to do the job. It is a kind of âifâ âthenâ approach. He advocated the analysis of work job with reference to: (a) Time Study â Every work/job requires standard time to ⦠9) Modern Management . Management policies and procedures should respond to environment. The different theories of management are: classical, behavioral, quantitative and quality management theory, systematic and contingency management theory. The man with the tenor voice, of course!â Some of the more recent theories about leadership could also be argued to incorporate some of the ideas from trait theory. Notes that although these prescriptions may vary significantly, they all tend to argue that their way is the âone best wayâ for all organizations. The One Best Way book. The classical management theory focuses on finding the âone best wayâ to accomplish and manage task (p.37,2008. Pay per piece in order to avoid leakages and wastages. There is no best way of doing anything. Outlining the basic duties of the management (3) Job Analysis â Work management has been suggested by Taylor. Determining the one best way to do the job was the first and most important tenet. Taylorâs One Best Way 2: General and Industrial Management â H. Fayolâs Theory of Administration 3: Theory of ⦠According to this approach no single idea/ concept can yield the one best way of administration. Understanding the management theories is the only way to find out which theory is suitable and beneficial in ⦠So find out the âbestâ depends upon the wisdom of the manager. There is one best way of doing a job which requires least movements, consequently less time and cost. The notion of one best way is neatly captured in this quotation: Asking who should be the leader,â Henry Ford once said, âis like asking who should sing tenor in the quartet. Nowadays we have new implementing plans for management. Approaches to Management â Developed by Scholars and Practitioners on Management Though the theories developed by scholars and practitioners on management are aimed at finding the best way of doing things; the management theory and science does not advocate âoneâ best way ⦠Modern Management Theory developed as a direct response to Classical Management Theory. Managers should understand that there is no best way of managing. Management is entirely situational. States that the ability to manage change is now recognized as a core organizational competence, and this is reflected in the large number of books and articles devoted to prescribing how success in this area can be achieved. This is a biography of Frederick Winslow Taylor, the father of "scientific management" and perhaps the best known founder of modern management theory. Different ideas or concepts help in different situations. It is a practically suited. Read 10 reviews from the world's largest community for readers. 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