Approaches to Management or Management theory

Classical approach

Classical theorists formulated principles for setting up and managing organizations. These views are labeled “classical” because they form the foundation for the field of management thought. It includes:

• Scientific management
• Administrative management
• Bureaucratic management

Neo-classical approach

It is also called Behavioral Approach. The behavioral approach to management began with the ‘Hawthorne experiment’. It includes:-

• Human Relations Approach

Modern approach

Based on the various concepts & writings of various author, the modern theory of management can be classified as:

• Quantitative approach
• Systems approach
• Contingency approach