Perception and Comparison of Modern Management Theories
Management has taken place in human actions since ancient times. Over time, scientists and researchers developed ways and approaches to get the best advantages of managing organizations and employees. Many theories appeared in this field to improve management techniques, such as classical, neoclassical, and modern theories. However, this paper aims to focus on and explore modern theories’ features (Quantitative, System, and Contingency theories). As well as studying the development of the theories and comparing them.
The study is a literature review and has a descriptive nature, and the researcher relied on secondary data, using Google Scholar as the main database, to provide a deep insight into the perception of management modern theories.
the results of comparing the theories indicated that the quantitative theory depends on mathematical procedures to analyze and make decisions, which means it is a numerically based approach. This theory applies logical or reasoning practices. The system approach depends on dividing the system into sub-parts, and all parts are related to and follow a super system. The system theory is a goal-oriented approach, so all sub-parts move toward one goal. The contingency theory depends on making decisions according to the situation. As it considers the internal environment of the organization as well as the external environment so the organization’s response is related to the changes in the environment.
the study concludes that none of the theories can be used alone. The theories have to be integrated to achieve the ultimate benefits for the organizations because using modern management theories separately could cause failure. Quantitative, System, and Contingency theories have some limitations if used separately, but together could achieve the organization’s goals and objectives perfectly.