Ultimately, according to Contingency Management Theory, there is no one best way to do things. Modern Management Theory developed as a direct response to Classical Management Theory. There is one best way of doing a job which requires least movements, consequently less time and cost. This is a biography of Frederick Winslow Taylor, the father of "scientific management" and perhaps the best known founder of modern management theory. Contingency Approach of Management. The different theories of management are: classical, behavioral, quantitative and quality management theory, systematic and contingency management theory. There is no best way of doing anything. (3) Job Analysis – Work management has been suggested by Taylor. Pay per piece in order to avoid leakages and wastages. The notion of one best way is neatly captured in this quotation: Asking who should be the leader,” Henry Ford once said, “is like asking who should sing tenor in the quartet. Approaches to Management – 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 ‘one’ best way … Determining the one best way to do the job was the first and most important tenet. Management is entirely situational. Selecting first-class men or an A team to do the job. The man with the tenor voice, of course!” Some of the more recent theories about leadership could also be argued to incorporate some of the ideas from trait theory. Management policies and procedures should respond to environment. The way a business chooses to organize will depend on the environment in which they operate. One needs to adapt himself to the circumstances. Outlining the basic duties of the management 1: Principles of Scientific Management – F.W. The One Best Way book. Theory X and Y that addresses management strategies for motivating the employees is also implemented to increase the productivity of the worker. The classical management theory focuses on finding the “one best way” to accomplish and manage task (p.37,2008. 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. He advocated the analysis of work job with reference to: (a) Time Study – Every work/job requires standard time to … Managers should understand that there is no best way of managing. Nowadays we have new implementing plans for management. The best is one that is according to situation. Taylor’s One Best Way 2: General and Industrial Management – H. Fayol’s Theory of Administration 3: Theory of … So find out the “best” depends upon the wisdom of the manager. It is a kind of “if” “then” approach. 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