User talk:DANNA JEAN P. LATIGAY (MBA 204)

BEST MANAGEMENT PRACTICES

By Danna Jean P. Latigay | MBA | Camarines Norte State College

Every organization has its own theory of management in order to use resources effectively and efficiently, to lead people in a manner that they can produce exemplar outputs, and to achieve the desirable goals and objectives. According to an article from the site of www.managementstudyguide.com, they have stated the importance of management. Some of these are the following: a) management helps in achieving organizational goals- which arranges the factors of production, assembles and organizes resources, incorporates the resources effectively to achieve goals; b) optimum utilization of resources- management utilizes all the physical and human resources productively; c) reduces costs- it gets maximum results through minimum input by appropriate planning and by using minimum input and getting maximum output; c) creates sound organization- no overlapping of efforts and it establishes effective authority and accountable relationship; d) establishes equilibrium- it enables the organization to survive in the fast changing environment; and e) requisites for affluence of society- efficient management leads to better economical production which helps in turn to increase the economic stability of the people.

What may be the best management theory that we should apply in an organization that we belong to? Studies show that in every organization, there is a corresponding theory of management that should be applied. Let us first introduce some of the well-known theories of management from the site www.healthknowledge.org.uk which had been contributed by the famous writers on management. First, the 14 Principles of Management, Henry Fayol who was the writer of this theory, was the first person to actually give a definition of management which is generally familiar today namely forecast and plan, to organize, to command, to coordinate and to control. Fayol also gave much of the basic terminology and concepts, which would be elaborated upon by future researchers, such as division of labor, scalar chain, unity of command and centralization. According to https://slideplayer.com, this theory was followed by one of the famous producing pizza products- the Pizza Hut. Some of the principles of management that are present are the following: division of work- pizza hut allows the individual to build up experience and to continuously improve his skills, next is the authority- the right to issue commands, along with which must go the balanced of responsibility for its function and the principle of authority is strictly followed in Pizza Hut, another the discipline- employees must obey, but this is two-sided: employees will only obey orders if the management takes its part by providing good leadership among them and every employee at Pizza Hut is well disciplined, next the unity of command- each worker should have only one boss with no other conflicting lines of command; only the senior manager manages the whole branch so this principle is well-applied. Next management theory, the Scientific Management theory by F.W. Taylor, this technique has been employed to increased productivity and efficiency both in private and public services, it has also the disadvantages of discounting many of the human aspects of employment. Taylor’s ideas on management and workers demonstrate justice for both parties (employer and employee). According to an article from www.scribd.com, in many ways, McDonalds in the archetypical type example of an organization engaging Scientific Management in production. Within this restaurant chain, uniformity is complete; no matter what country you are in every branch of McDonalds is the same, as are the methods used to prepare food, clean floors, promote staff and lock up on closing. It is this ability to efficiently supply standard food and service throughout the world that has allowed McDonalds to become the biggest restaurants chain on the world. Another, the Bureaucracy theory of management by Max Weber, in this theory is the organizational form of certain central characteristics such as hierarchy of authority and a system of rules. The main features of bureaucracy according to Weber are the following: a continuous organization or functions restricted by rules, that individuals worked within the limits of the concentration of the work, the degree of authority allocated and the rules governing the exercise of authority, a hierarchical structure of offices, appointment to offices made on the grounds of technical competence only, the separation of officials from the ownership of the organization, and the authority was vested in the official positions and not in the personalities that held these posts; rules, decisions and actions were formulated and recorded in writing. This theory is best applied in government because according to an article from www.toolshero.com, bureaucracy is the basis for the systematic formation of any organization and is designed to ensure efficiency and economic efficacy. It is an ideal model for management and its administration to bring an organization’s authority structure into focus.

There are lots of theories of management but the one that will work is the one that will be applied and tested. Every organization should mix some management practices and theories together in order based from what the organization needs. Leaders or managers of an organization should understand that good management practices can acquire from formal education, observations from their organizations, and as well as personal research. Management theories can work best if the top-level management see the organization in a macro perspective in a way that the managers consider the goals of the organization as well as the employees who work for them. Implementation of management practices and theories depends on the style of the managers, some will work for the organization and of course some will not. It is in the hands of the managers on how they will apply those practices that will result to the benefits and advantages for their respective organizations.

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