Management Theories

Management Theories

  • Submitted By: tokkie
  • Date Submitted: 02/12/2014 7:53 AM
  • Category: Social Issues
  • Words: 3673
  • Page: 15
  • Views: 75

A CRITICAL EVALUATION OF
APPLCATION OF APPROACHES
TO
MANAGEMENT THEORY:
THE VOLKSWAGEN WAY TODAY
BY
ADEFOLAYIGA TOKUNBO

1.0 INTRODUCTION
The work environment’s constant dynamism is change and this evolves in line with an explicatory management theory. This paper seeks to analyse the management theory approaches applied by the Volkswagen group in its management structure today.
“Every management act rests on assumptions, generalizations, and hypothesis – that is to say theory. Our assumptions are frequently implicit, sometimes quite unconscious, often conflicting; nevertheless they determine our predictions that if we do a, b will occur. Theory and practise are inseparable” (Macgregor 2006).
Stoner, Freeman and Danial (2003) researched the different patterns of management and deduced that different organizations adopt an approach suitable to its structure, culture and objectives. Stoner, Freeman and Danial (2003) then defines management as a procedure with which the objectives of an organization are explicitly ascertained intermittently, the model of the work environment and the structure of the organization is classified, and as a procedure which organizations use to promote a work system where employees, working as a group, accomplish their objectives and those of the organization in a method that is operationally valuable and successful.
Stoner, Freeman and Danial (2003) further posits that management is best analysed by dissecting the processes into five managerial functions; planning, organizing, leading and controlling. As such, an organizations survival is based essentially on a good management.
According to Mullins (2013), in trying to identify main trends in the development of organisational behaviour and management theory, numerous works of theorists have been categorised into different approaches based on their...

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