The notion of one best way is neatly captured in this quotation: Asking who should be the leader,” Henry Ford once said, “is like asking who should sing tenor in the quartet. He advocated the analysis of work job with reference to: (a) Time Study – Every work/job requires standard time to … There is one best way of doing a job which requires least movements, consequently less time and cost. Pay per piece in order to avoid leakages and wastages. Ultimately, according to Contingency Management Theory, there is no one best way to do things. So find out the “best” depends upon the wisdom of the manager. Understanding the management theories is the only way to find out which theory is suitable and beneficial in … Contingency Approach of Management. States that the ability to manage change is now recognized as a core organizational competence, and this is reflected in the large number of books and articles devoted to prescribing how success in this area can be achieved. Theory X and Y that addresses management strategies for motivating the employees is also implemented to increase the productivity of the worker. (3) Job Analysis – Work management has been suggested by Taylor. Management policies and procedures should respond to environment. One needs to adapt himself to the circumstances. Approaches to Management – Developed by Scholars and Practitioners on Management Though the theories developed by scholars and practitioners on management are aimed at finding the best way of doing things; the management theory and science does not advocate ‘one’ best way … The man with the tenor voice, of course!” Some of the more recent theories about leadership could also be argued to incorporate some of the ideas from trait theory. Notes that although these prescriptions may vary significantly, they all tend to argue that their way is the “one best way” for all organizations. Determining the one best way to do the job was the first and most important tenet. Read 10 reviews from the world's largest community for readers. Selecting first-class men or an A team to do the job. According to this approach no single idea/ concept can yield the one best way of administration. Managers should understand that there is no best way of managing. Modern Management Theory developed as a direct response to Classical Management Theory. Management is entirely situational. 9) Modern Management . It is a practically suited. The classical management theory focuses on finding the “one best way” to accomplish and manage task (p.37,2008. The way a business chooses to organize will depend on the environment in which they operate. Taylor’s One Best Way 2: General and Industrial Management – H. Fayol’s Theory of Administration 3: Theory of … The One Best Way book. There is no best way of doing anything. The best is one that is according to situation. 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