The concepts of Organizational Theory and scientific management.

 

 

Examine and describe the concepts of Organizational Theory and scientific management.

Introduction:
A working knowledge of organizational theory is a foundational element of a manager’s effectiveness in business. Organizational theory is the study of how organizations function and how they affect and are affected by the environment in which they operate. Organizational theories give us potential explanations for why and how people work together to effectively achieve organizational goals.
Organizational theory can provide invaluable guidance on how to structure, run, and lead an organization. In this essay examine the principles that underlie the design and operation of organizations to maintain and increase their effectiveness. This essay will allow you to explore the foundational organizational theories and see how they evolved into modern managerial approaches.

Deliverables:
• The essay for this lesson is required to be a minimum of 750 words (excluding title and reference pages) that clearly demonstrate your understanding of the activity. Essays should have a clear introduction, thesis statement and conclusion, written in APA format (Purdue OWL). A minimum of three sources, at least two from the lesson, must be cited in-text and in the Reference list.

Step 1: Address the following:

Read the following questions/prompts, and use what you have learned about Organizational Theory to summarize your responses:
• What influence did Frederick Taylor’s scientific management have on organizational theory in comparison to the influence Max Weber’s scientific management had on organization theory?
• Provide a description and examples of both influences and discuss how both Taylor’s and Weber’s thinking is still relevant and applicable to today’s management world.

 

Sample Solution

Organizational theory is the study of how organizations function and how they affect and are affected by the environment in which they operate. Four major theories contribute to this study: classical organizational theory, human relations or neo-classical theory, contingency or decision theory and modern systems theory. Over time, the emphasis in organizational theory has shifted from stiff, hierarchical structures rampant in the industrial age to broader, more flexible structure more prevalent in the technological, modern age. Scientific management theory has four basic principles: a scientific method exists to perform each task; select, train and develop workers for each task; closely supervise employees; and management`s role is planning and control.

nfavourable impacts were amplified, basically because of the public authority’s conviction for a grimness – this unavoidably caused a few fakes in both the banking and financial exchange areas. The failure to control both phony news and fakes inside brain network frameworks inside an economy will be negative the country’s monetary development as the two purchasers and firms nolens volens come up short on certainty to do as such. For instance, in 2018, a couple of unapproved monetary fakes in the UK added to a worth of roughly £844.8 million, in spite of the Payment Card Industry Data Security Standard (PCI DSS) being held successful in such occasions. Its constraints are in its capacity to go against cheats calls when there are exceptional changes in human way of behaving; accordingly, the utilization of Artificial Intelligence in financial administrations can be utilized to counter unapproved credit or charge cards. By its temperament, computerized reasoning can assist with overseeing monetary foundations short-term by observing any standards of conduct, recognizing oddities and keep any abnormal changes in the frameworks’ capabilities. Besides, Artificial Intelligence ranges wides in its utilization because of its capacity of counterfactual reasoning, examining the past or authentic occasions and making possible derivations as reactions to such. This would then diminish the chance of such deplorable occasions to happen once more, all the while expanding customers’ trust in the economy. While it is obvious that there are possible constraints to AI’s purposes, it is as of now the best practical way to deal with invigilating the debasing spread of phony news, keeping our economy from falling into a more noteworthy downturn that the past ones and featuring unusual way of behaving during banking cheats by producing advance notice strategies to our worldwide economy.

Discernment has not been alive for quite a while, inside the life expectancy of mankind; its last presence once came and left when Homo Economicus once lived. People have never considered outright judicious ways of behaving, such hypothetical plans to demonstrate their requests would then require deduced quantitative financial model – utilizing the idea of Artificial Intelligence to tackle issues inside the following 20 years would then have to make an underlying suspicion of ceteris paribus. Maybe, silliness and feelings persuade to greater part of the financial experts to think that markets are unmistakable impressions of the two gatherings and people’s levelheadedness as they perform exchanges in light of their capacity and eagerness to, consequently making clumsy structures, for example, wonderful contest, in any event, when it is realized that numerous get-togethers are swarmed by innate indeterminacy. Our mankind’s fatal defect is its powerlessness to perceive that such non-revolutionary and silly presumptions basically prompted the approach of Economics’ neoliberalism and the worldwide monetary emergency in 2008; in this way, maybe, Artificial Intelligence can assist financial experts with all the more precisely lighting an origin of Economics endeavoring to gather speculations that all the more precisely model human way of behaving: markets, firms, people, partners and legislatures to take care of the issues we will look in 20 years.

This question has been answered.

Get Answer
WeCreativez WhatsApp Support
Our customer support team is here to answer your questions. Ask us anything!
👋 Hi, Welcome to Compliant Papers.