Evolution of management thoughts|| Classical Approach|| Scientific Management Theory by F.W. Taylor
Evolution of Management Thoughts. Management practice is as old as human civilization. The evolution of management thought provides the development and progression of ideas and theories about how organizations should be managed and operated. This evolution has occurred over time, and can be divided into several key stages or approaches, each of which has its own unique perspective and set of ideas. These stages include the classical approach, which focused on finding the most efficient way to manage organizations; the behavioral approach, which emphasized the importance of understanding human behavior in the workplace; the quantitative approach, which focused on using mathematical models to improve decision-making and organizational efficiency; A. Scientific Management Theory This theory was propounded by Frederick Winslow(F.W.) Taylor. He is known as the father of scientific management. This theory was based on efficient use of labor as well as improve...