google.com, pub-6663105814926378, DIRECT, f08c47fec0942fa0 Around the World List 73287964: Origin of Business Management


Origin of Business Management

 The origin of business management is seen by some people as a conceptualization of the latest modernity. However, others detect a similar thought in the management of the ancient Egyptian pyramid builders and Sumerian merchants.


With the changes in the workplace brought about by the industrial revolutions of the 18th and 19th centuries, military theory and practice contributed to recently popular approaches to managing factories. While a person can start a business, it lasts longer when it is in the care of many, and when many want to keep it.


Given the scale of most business operations and the lack of records prior to the Industrial Revolution , in those days it made sense for most business owners to carry out management functions themselves.


However, with the growing size and complexity of organizations, gradually the division between owners and operational managers, who are independent specialists in planning and control, became more common.


XIX century

Reputable economists, such as John Stuart Mill and Adam Smith, provided a theoretical background for resource allocation, production, and pricing issues.


Salaried managers as an identifiable group first came to the fore in the late 1800s.


The Scientific Management of Frederick Taylor

The first modern school of thought on management was based on the scientific management principles of Frederick Taylor , which emerged in the late 1800s.


The principles behind Taylor's scientific management focused on the system rather than the employee, placing the role of managers above the role of non-managerial personnel.


Management was very "top-down", with tight control over people and processes across all industries .


Twentieth century

Around 1920 the first comprehensive management theories appeared. Harvard Business School offered the first Master of Business Administration degree in 1921.


1932 - Hawthorne Studies

A new way of thinking emerged after Elton Mayo began to question the principles behind scientific management.


Through Hawthorne's experiments, Mayo concluded that human factors were often more critical in motivating employees to higher levels of productivity. Environmental physical characteristics were less important.


1946 - Organizational development

Kurt Lewin is known in the field of organization development and the study of group dynamics.


His research found that learning within organizations is facilitated when there is a conflict between concrete experience and analysis.


1954 - Maslow's Hierarchy of Needs

Abraham Maslow laid out his hierarchy of needs in a book called Motivation and Personality , greatly influencing how managers perceived employee motivation.


Maslow grouped the categories of human needs into a pyramid. Employees must meet lower-level needs before they are motivated to meet higher-level needs.


The base of the pyramid consists of physiological needs, followed by security needs, love and belonging needs, esteem needs, and self-fulfillment needs.


1954 - Leadership and management

Peter Drucker in his book The Practice of Management  considers that management consists of five fundamental functions. These are:


- Planning and determination of objectives.


- Group organization.


- Motivation and communication.


- Performance evaluation.


- Development of people.


1959 - Hygiene and motivational factors

Frederick Herzberg developed a list of hygiene factors based on Maslow's hierarchy of needs.


Hygiene factors must be present at work before managers can use motivational factors to stimulate worker performance.


1960 - Theory X and Theory Y

The principles of theory X and theory Y of Douglas McGregor consist of principles that impact the formulation and application of policies and practices in the treatment of employees.


1964 - Management Grid

Robert Blake and Jane Mouton developed a management model that conceptualizes management styles and relationships.


Their model uses two axes: "concern for people" is plotted using the vertical axis and "concern for the task" is along the horizontal axis, to describe different management styles and ways of relating to employees.


1970s - Strategic Planning

The focus was shifted from the measurement function to tools such as strategic planning. The shared growth matrix and SWOT were used to formalize strategic planning processes.


1980s - Competitive Advantage

As the business environment became increasingly competitive and connected, competitive advantage became a priority for organizations.


Tools such as total quality management and Six Sigma were used to improve productivity.


1990s - Process optimization

Process reengineering became popular. In the middle of the decade, 60% of the companies that made up the Fortune 500 list said they had plans or had already started them.


A more holistic approach took the stage, focused on the entire organization and strategy implementation. Tools such as strategy maps and management dashboards emerged.


1990 - Learning organization

Peter Senge popularized the learning organization with the book  The Fifth Discipline: Art and Practice of the Learning Organization .


Five disciplines are present in learning organizations. They are as follows:


- Personal domain.


- Systemic thinking.


- Shared vision.


- Mental models.


- Team learning.


1995 - Ethics in management

The idea of ​​ethics in management changed the vision of employees. They went from being an expense to being business assets.


XXI century

Observers are finding it increasingly difficult to subdivide management into functional categories. More and more processes involve several simultaneous categories.


2000s - Big data

Mainly driven by the consulting industry under the banner of Big data , organizations began to focus on using technology for their growth and value creation.


2009 - Motivation Theory ( Drive )

This theory departs from the idea that a system of rewards and punishments based on extrinsic factors can motivate people.


Those responsible for human initiative are intrinsic factors, such as autonomy, dominance, and purpose.


2013 - Internet, online work, new technologies

Recently, the possibility of working from home has been increasingly accepted, which has important advantages for people.


Another important point is what the online platforms have meant; It is becoming more and more common to work as a freelancer and that companies are interested in hiring these instead of permanent workers.


On the other hand, little by little the effects that robotics and artificial intelligence have on the labor market will be noticed. Millions of jobs will be lost, causing people of working age to “retrain” into new professions.


Collaboration with robots and artificial intelligence will be increasingly common to manage organizations.



see also finance and business knowledge

Annuities Meaning

Finding Travel Insurance For Cancer Diagnosis

How Does the Stock Market Work

Top 10 Ways to Make Money Online

10 Legit Ways to Make Money and Passive Income Online

10 Ways To Cut Your Health Care Costs

The Ultimate Assurance of Buy-sell Agreements

5 Tips to Prepare for Your Property Settlement

8 Habits of Wealthy and Successful People

Why Millennials Choose to Buy Home

7 Tips Every Homeowner Need to Know About Insurance

8 Tip on Homeownner Insurance

10 Question You Should Ask Mortgage Lenders

How Much is My Car Accident Settlement Worth

200 Business Movement News

150 Financial Tip You Should Know

Essential List of Mortgage Application Document

Prepare Yourself Before Investing in Stock

Shopping is the Right Way Without Debt

Factors Affecting Home Loan Rates

Using Credit Cards With No Debt

Plan for Business Loans

Step Before Buying Insurance

Choosing Life Insurance

How to Get Cheap Car Insurance

If in Debt With a Credit Card

Type of Insurance

How to Request a Claim

Deposit With Banks or Take Out Insurance

Why Do We Need Life Insurance

Insure Assets and Liabilities How is It Different

Contract for Buying a House

Happy if in Debt

Can Not Pay the Car Installments

16 Most Important Car Insurance Terms

Want to Use Urgent Money Where Should I Request a Loan

Save Money in Stocks

How to Have a Home

Plan Before Retirement

Plan for Repayment Carefully

50 Financial Movement You Should Know

How You Can Hit the Heights While Plunging to the Depths

10 Ways to Cut Your Health Care Costs

Tips for Handling an Employee's Departure

How to Get Your Product Onto Retailers' Shelves

A List of Pointers for Low-cost Promotion

A Field Guide to Office Colleagues

How to Get Your Tqm Training on Track

4 Excuses to Use Unconscious Credit Cards

Be Careful Terms of Insurance Agreement

Changing a Home to Pay Off Debt

Want Money to Invest

Credit Card Addiction Symptoms

How to Manage Credit Card Debt if Lose Job

What is Private Fund

Loans for Education

10 Things That Lead to Poverty

Do Not Overlook Insurance

There Are Also Saving on Debt

10 Things You Need to Do Before Retiring

Seed Funds for the Smallest Start-ups

Health Insurance Managed Care Can Cost More

States Go for Bold Changes

Outside Directors: How They Help You

Helping Your Children Plan for a Distant Future

The Tax Advantages of a Home Office

Job Skills Have Declined Firms Say

American Get More for Their Money

Boost Your Problem-solving Power

Finding the Essence of Good Sales People

Suggestions on Selling Your Service Firm

Warming to the Idea of Customer Feedback

It's Timely to Consider Still Another Inequality

More Tax Cuts Coming

Vice Presiddency Becoming More Attractive Goal

Turn Anger Into an Asset

Making the Most of Trade Shows

Ideas for Making the Most of Time on the Road

The Benefits of Smart Inventory Management

Policies That Protect a Company's Good Name

Market-neutral Funds May Offer Solace if Stocks Tank

Bargains in Business Insurance

Bills Would Affect the Hiring of Skilled Foreign Workers

The Ups and Downs of a Postal Rate Proposal

Locking on to Teamwork

Nurturing Part Timers to Be Entrepreneurs

Holding Things Together When Selling A Location

Knowing When Cut The Cord

A New Selling Approach Makes Fashion Sense

Too Much Team Harmony Can Signal Trouble

Oiling The Wheels Of Consumer Satisfaction

Networking 101: Seeing And Being Seen

Nuts About Snack Food

A Jet-Powered Takeoff

Grooming For Success

Switching to Self Insurance

Promoting A World Ethical Standard

Help Wanted Desperately

How to Get a Yes From Your Banker

Lawmakers Have Their Work Cut Out For Them

Making The Climb Onto Store Shelves

Hammering Home Performance Incentives

Have You Seen Your Banker For Your Annual Checkup

Protect Your Company's Proprietary Information

Adding Some Byte To Retirement Plans

From The Ground Up

Pluses And Pitfalls In Voice Mail

Lawmakers Have Their Work Cut Out For Them

Making The Climb Onto Store Shelves

Market Bulls Battle A Case Of Nerves

Check The Fine Print In Picking A 401 (k) Plan

5 Pitfalls Make Your Work Inefficient

Wrong Stock Investing

What is a non life insurance

5 things to do if you want to succeed

5 steps Emphasize the use of credit cards correctly

Unemployment can be saved by doing 5 steps

Obstacles that prevent from saving

Want to be rich do these 3 things

New to the stock market

Change the attitude of saving with 3 steps

Home loan Not difficult anymore

Start investing is not difficult

Come check the finance health

Live 3 items for solving the poor

5 wrong financial views Risking destruction

4 things that should not be overlooked for Save money

Wise financial planning techniques for the family

5 mistakes checklist when buying insurance

5 reduce the risk of doing business

3 risk levels that must be known before investing

Advantages and disadvantages of Requesting a loan

Saving The US Economy

What price loyalty at Vodafone

Alphabet soup and economic recovery

Our growing nostalgia for commuting

Financial alchemy

Personal credit

4 principles of financial success

Buying housing is not a big deal anymore

Essential insurance

How to teach your child to be wise With the use of money

6 Collection techniques That a salary man needs to do

How to choose a credit card that best suits your needs

Beware The Scammers out to empty your bank account

Avoid The Traps Set By Estate Agents

10 Ways To Cut Your Health Care Costs

What is the stock market

Adjust the idea of adding value to your business

How ready are you for down

10 techniques to use money

10 Ideas To Conquer Stocks

10 Year Retirement Plan

Factors That Make Your Finances Worse

Eliminate 5 Weaknesses to Create Success in SME

Retirement Investment Plan Longevity Simpler

5 Secrets to Financial Freedom

How to Invest Without Losing

Do We Need Too Much Money

8 Alarms When Finances Are in Trouble

How to Use Money Saving Techniques

Credit Card Debts Not Difficult Anymore

Long Term Savings

Financial Matters Young People Should Know

The 5 Phases of Money Flow

Youth Fever for Cryptocurrencies

Economy Versus Demagoguery

Resistance to Organizational Change

What is Production budget

What are the Goods in Commission

What are Returns on Purchases

What are Pre Operating Expenses

What is a Technical Organization

10 Types of Credit Securities

5 Main Types of Business Organization

What Is a Business Advisor

What is the Personification of Accounts

What Is Expense policy

6 Stages of Administrative Organization

Social Responsibility of Institutions

What Is Business Environment

Forms of Organization of Economic Entities

Top 9 Functions of a Salesperson

7 Duties of an Accounting Clerk

7 Most Outstanding Comptroller Functions

What Is Bookkeeping

What Are Taxes Payable

Armand Feigenbaum Biography

What Is Zero Base Budgeting

What Is Chart of Accounts

What Is Sensitivity Analysis

What Is Purchasing Department

Origin of Business Management

What Is Administrative Organization

What is Cost Accounting

What Is Organizational Structure

What Is Nominal Salary

What Is Centralization In Administration

What Is Payable Documents

What Is Indirect Labor

What Is Going Business

What Is Commercial Paper

What Is Delivery In Business

What Is Equivalent Units

What Is Income Centers


Search This Blog

Popular Posts

Blog Archive