Accounting technicians scheme west africa
Contemporary Approaches to Management Thoughts
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- 2.19.2 Systems Theory
| 2.19 Contemporary Approaches to Management Thoughts 2.19.1 Decision Theory Approach to Management Decision Theory is the product of management science era. The decision theorists emphasize on rational approach to decisions, i.e. selecting from possible alternatives a course of action or an idea. Major contribution in this approach has come from Simon. Other contributors are March, Cyert, Forrester etc. The major emphasis of this approach is that decision making is the job of every manager. The manager is a decision maker and the organization is a decision making unit. Therefore, the major problem of managing is to make rational decision. The main features of this approach area) Management is essentially decision-making. The members of the organization are decision makers and problem solvers. b) Organization can be treated as a combination of various decision centers. c) The level and importance of organizational members are determined on the basis of importance of decisions which they make. d) All factors affecting decision making are subject matter of the study of management. Thus, it covers the entire range of human activities in organization as well as the macro conditions within which the organization works. 2.19.2 Systems Theory The systems theory approach is based on the notion that organizations can be visualized as systems of interrelated parts or subsystems that operate as a whole in pursuit of common goals. Daniel Katz and Robert Kahn (1966) were among the first authors to recognize the applicability of systems concepts to organizations. Systems theory was originally conceptualized and developed by a biologist, Ludwig von Bertalanffy (1950), who recognized that certain principles that applied to the interdependence of parts in living organisms also applied to other systems. Katz and Kahn took selected systems concepts a step further and applied them to organizations. They believed that the following characteristics seemed to define all open systems The systems theory approach is based on the notion that organizations can be visualized as systems of interrelated parts or subsystems that operate as a whole in pursuit of common goals. Download 3.37 Mb. Share with your friends:
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