Saturday, 22 June 2013

Modern Management Theory

Before staring of management jargon lets first define “Craftsmanship”

Craftsmanship

Doing What You Love and Doing It Right. 

In other word it is a production and delivery of quality goods or services from highly skilled workmen. Workmen can be cobbler, painter, architect, baker, electrician, author anything which require specialized skills.

It’s one tower building concept where everything is managed by one person and no work distribution is required and hence replacement of worker is very difficult.



 


Modern Management

Management is the organization and coordination of the activities in order to achieve defined objectives.
Modern management theory refers to emphasizing the use of systematic mathematical techniques in the system with analyzing and understanding the inter-relationship of management and workers in all aspect.

It’s more than one tower building theory where work is distributed amongst the workers.
Workers are deskilled i.e. disintegration of work into elementary task, where skill requirement is minimal so replacement of worker is not an issue.


 

3 E’s of Management (Efficiency, Effectiveness and Excellence)
 
  • Effectiveness: It means doing the right task for achieving specified objective in the government.
  • Efficiency: It means doing the task correctly and refers to the relationship between input and output. More output for given input or same output from fewer resources implies increased efficiency.

Efficiency and effectiveness is interrelated. It’s easier to be effective if one ignores efficiency and vice versa. Following diagram can explain the interrelation precisely.



Good management is concerned attaining the goals with effectiveness as well as efficiently.

What can be the single measure for it?

So the term “Excellence” comes into existence which is nothing but multiplicative addition of 
efficiency and effectiveness.


 


Excellence is all about achieving "More out of less for more" where "More out of less" is Efficiency and "for more" is Effectiveness.
 




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