Classical Management

Read Complete Research Material

CLASSICAL MANAGEMENT

Classical Management

Classical Management and Global Crisis

About the company

The Quinn-direct is the Irish company which deals in the insurance company which provides the insurance for the car, and other vehicles.

Introduction

The management styles are very useful to handle all the situations, just like that the Classical management style is the one which follows the traditional approaches to resolve all the matters, just like that the Qunin-Direct which is an Irish company that uses classical approach to resolve all the financial problems which are faced by the organization. The Qunin-Direct handled the crisis which was faced by global economic impact.

Classical Management and Global Crisis

The word "classic" used to emphasize the early appearance of the school. It would be said if it had also the sense that most of these works has more influence on the adoption of organizational decisions. However, it is not.

Henri Fayol, the most prominent representative of the classical school of management, is also aware of the relationship between the external environment and organization. He claimed that the company should have an action plan, which based:

"On the firm's resources (buildings, tools, raw materials, labor, manufacturing facilities, sales network, reputation, etc.) on account of the composition and value of work in progress;

On future trends, which are to some extent depend on the technical, commercial, financial and other conditions subject to change, the importance and timing of which cannot be determined in advance. "

Further points out that "the organization shall perform the following management functions: To provide a comprehensive development and strict implementation of the plan;

Ensure that personnel and material components of the organization consistent with the objectives, resources and needs of the firm. "In subsequent years, the classical approach, increasing attention paid to set goals as a prerequisite for any organizational work. L. Urvik, for example, stresses the need to detail the objectives to determine the validity of existing activities and the possibility of organizing a new, more profitable. "The organization can only exist for a problem formulated in the forecast and plan. Every part of it should make a definite and recognized contribution to solving this problem. Otherwise, its existence not justified. "

Several authors, including Allen, suggest that setting a goal helps to define priorities for management. In particular, it allows us to define the "core" units, and activities. For example, in some industries the survival of the Quinn-direct company depends on the timely replacement of obsolete products. In this situation, "key" branch office will be developing new products, together with the service R & D, since its effective functioning is vital to achieve goals. These key units require specific attention. Other departments need to maintain them. Experience confirms that where key departments not allocated officially, senior management attention focused on little things, make an issue of influential managers. In a dynamic situation, some units lose their key position. It must be recognized, and a system of priorities adjusted. Otherwise, the management capacity may be reduced. For example, finance may be the company's growth period, when the expanding market needs ...
Related Ads
  • Management Theories
    www.researchomatic.com...

    The following part of the paper describes evolution ...

  • Management
    www.researchomatic.com...

    MANAGEMENT Classical Conditioning & Opera ...

  • Classical Management & Gl...
    www.researchomatic.com...

    Classical Management & Global Recession, ...

  • Global Recession
    www.researchomatic.com...

    Classical Management and Global Recession Int ...

  • Critical Analysis
    www.researchomatic.com...

    Classical management and leadership theories ...