Applying and understanding excellent practices from a workplace management theory can assist you more efficiently lead your work team to favorable outcomes. Most of these management theories resulted in the leadership strategies commonly applied to grow and lead organizations currently, and you might select amongst them to recognize the strategies that’ll perform exceptionally for you as well as your team.
This article is an in-depth summary of what a management theory entails, the most popular theories of management and several tips for applying them in your workplace. Our homework writing help will guarantee punctual delivery of your paper to meet the deadline.
The definition of Management Theory
A management theory is a collection of ideas that affect how a team, organization, or business is run and guided. Business management leaders are responsible for setting up strategies to assist their teams achieve their objectives. This often demands discovering ways to encourage their team members and join forces for them.
It is up to a manager to use management theories that are suitable to the culture of their organization. They might also select particular characteristics from various theories to assume a design that is consistent with them, the task at hand, the culture of their company, and their employees.
Terror management theory
Almost everybody fears dying. How the fear of death influences human behavior and thinking is the concentration of (TMT) terror management theory research. As per terror management theory, death anxiety urges individuals to adopt viewpoints that safeguard their sustainability, self-esteem, and worthiness, and enable them to have a belief that they contribute substantially to a significant world. Several of the views cause troubling actions.
As per TMT, individuals need to protect themselves from the immense terror of living an unimportant life designed to be wiped out by death. A single path to manipulate this terror is to guarantee themselves that they’re part of a significant group. This wish to strengthen cultural importance in death’s face often causes prejudice displays depending on the faith that the grouping with which a person identifies is higher-ranking to others. Like so, individuals affirm their self-importance, if nothing else to themselves.
Terror management theory proposes that people are encouraged to grow close relationships inside their cultural group to assure themselves that they’ll somehow live—supposing symbolically—after death. While several of the TMT foundational studies have not been replicated, thereby drawing psychology field criticism, the framework keeps on resonating for many.
Scientific management theory
Taylor was among the first scientists to undertake a management theory scientific approach to maximizing productivity in the early 19th century. Taylor’s principles emphasized that a scientific method must be applied to perform tasks at the workplace, instead of a system that depended upon personal discretion or judgment of team members.
Taylor speculated that by encouraging employee and supervisor cooperation, simplifying tasks, and training members of the team thoroughly, productivity can be boosted.
Classical management theory
Concentrating entirely on workforce management economics, the classical theory of management tends to regard employees as machine parts. The rationale supporting this concept is that workers’ physical needs can be fulfilled with compensation, hence job satisfaction or social needs aren’t prioritized.
In a nutshell, the classical theory of management states that an employee will produce more and work harder if he/she is incentivized by increased bonuses or wages. Alternatively, profit maximization, a productivity emphasis, a logical leadership hierarchy, and streamlined operations are its key tenets.
While not an exemplary theory of management by the business environment standards of today several aspects like employee roles definition, a comprehensible managerial structure, and labor division can be advantageous.
Communication privacy management theory
Petronio designed this management concept in the year 1991. It asserts that individuals share knowledge and maintain particular boundaries depending on the estimated self-disclosure costs and benefits. It’s a theory of research created to master how individuals make sharing information decisions.
The concept was initially called communication boundary management. Subsequently, in 2002, Sandra Petronio renamed the theory to CPM theory to incorporate the information private disclosure role.
‘Boundaries’ are used as metaphors to define the division between private and public information. People’s boundaries control their information disclosure degree. If the info is revealed to somebody, there must be a mutual agreement and negotiation about revealing information to other people.
Communication Privacy Management (CPM) Theory Components
These are the Communication Privacy Management components to include in your discussion paper;
- Privacy Ownership: It contains your individual information that you’re only familiar with.
- Privacy Control: It involves sharing individual information with another person.
- Privacy Turbulence: It applies when the information owners can’t mutually decide on that information disclosure.
Communication Privacy Management (CPM) Theory Basic Principles
These Communication Privacy Management theory basic principles are rich in ideas for your research paper writing;
- Individuals have a belief that they’ve got the right to control and own their private information.
- Individuals control their private information through several privacy rules.
- When individuals share their private information with others, the others become co-owners of that specific information.
- The private information co-owners should negotiate and reach a mutual privacy rules agreement about revealing the information to others.
- In case the co-owners don’t reach a mutual decision or follow privacy regulations, boundary turbulence is likely to occur.
Change management theory
It is the methodologies, concepts, frameworks, and models used to control the organizational change people side.
Steering change is not easy in your professional and personal life. Nevertheless, a change management theory provides a structured strategy to help organizations and individuals adapt and navigate to changes in the environment.
Most companies are experiencing enterprise-scale changes almost instantaneously. It is easy to recognize why initiatives to change are so famous as digitalization persists in changing the operation of businesses.
Organizational transformation is important in fulfilling modern customer expectations by utilizing new processes.
They include theories, methodologies, and concepts for executing change. Change management frameworks will assist you avoid dangers many organizations fall into and overcoming usual obstacles.
The significance of a change management theory
Change management theories are significant to success since organizations continually waste valuable processes or technology investments because they are not familiar with achieving lasting transformation in 2023.
Applying change management theories is a protocol to ensure the efforts of your company are fruitful.
Remarkable change management theories combine theory and practice to provide a change manager with the materials he/she needs to thrive in organizational improvement.
Change management frameworks are essential for companies looking for a new state of affairs.
Administrative management theory
Senior executive and mining engineer Henri Fayol developed this theory in the 19th century. He believed that a manager should use particular moral principles to utilize their workforce.
Henri outlined 14 management principles to apply to plan and collaborate with their work teams:
- Work division:
Delegating a project’s responsibilities to various team members enables them to concentrate on one specified task, rather than splitting their attention over many.
- Responsibility and authority:
The privilege to make managerial decisions and authority balance, and the responsibility of employees over their responsibilities must exist to achieve excellent results.
- Command Unity:
This principle affirms that employees get direction from one supervisor to maintain hierarchy and prevent conflicting requests.
- Direction Unity:
This principle guarantees that employees handling a similar project are operating toward similar objectives. A departmental manager is responsible for communicating and coordinating directions to their work teams.
- Equity:
This concept was meant to cultivate an environment where everyone is treated equally and with kindness.
- Order:
This concept makes sure that things operate smoothly, by matching the proper individual with the proper job, increasing productivity and boosting the workplace atmosphere.
- Discipline:
This concept encourages organization order, and outlines regulations that the taskforce should adhere to. It also embodies managers managing by example and exhibiting disciplined behavior.
- Initiative:
This concept allows for an employee to launch and develop initiatives that motivate them, provided that they don’t conflict with the values or rules of the organization.
- Remuneration:
This means fair payment, or remuneration, for employees, advancing loyalty and productivity. It may also include the value an employer feels that he/she is receiving from his/her workforce.
- Stability:
This principle affirms that employees should feel they’ve work security to operate effectively, which will motivate them to be extra productive and remain at the organization longer. This comprises being allowed time to adapt to their work positions, ability to advance their job rhythms, and not being transferred between teams so frequently.
- Scalar chain:
It ensures that an employee knows who to get in touch with to liaise up the chain of management and organize the company hierarchy.
- Interest subordination:
Harmony should exist in the entire organization. A manager must prioritize the organization’s interests wholly over any single needs of an individual.
- Team spirit:
This phrase emphasizes a pride feeling. Managers must look for approaches to direct reports and generate enthusiasm, boost teamwork among their colleagues, and reward excellent performance to grow this feeling.
- Decentralization and centralization:
Centralization normally has chosen few decisions for the majority, generally at the leadership’s highest levels. Decentralization refers to when an organization makes decisions wholly. According to the philosophy of Fayol, an effective company delegates the decision-making ability to various employees, hence maintaining a balance between decentralization and centralization.
Conclusion
Throughout history, organizations have been applying different theories of management into practice as evident in this article on management theory. They have not helped to boost productivity but they’ve also enhanced the service quality. Although these theories of management were established years ago, they assist in forming interconnected environments of work where employers and employees work collaboratively. The several most popular theories of management that are used nowadays are Scientific management theory, Administrative management theory, Classical management theory, Terror management theory, Change management theory, and Communication Privacy Management theory.
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