APPLICATION OF MANAGEMENT THEORIES

Application of Management Theories

Application of Management Theories

Introduction

For over a hundred years now, during which period science and technology has been revolutionizing all aspect of human life and experience, modern management has not only gone through a series of metamorphosis but it has also played a strategic role in that resolution. The continuous process of identifying human needs and wants and applying human knowledge and skills in converting available resources or raw materials into what is required to satisfy the felt needs and wants of each society has been made possible only through the art and science of managerial and entrepreneurial leadership and improved technology. It can be said that the major distinctive characteristic between the have and the have-not of the world today lies in their relative capabilities to develop and utilize their human and non human resources, without improvement in this area of art and science of development and management of resources the country will fall in the category of the world have-not. (Haberfeld 2010)

The need for counselors cannot be over emphasized; the views of the most national and international leaders and experts are that a major cause of the retarded progress of most developed countries of which US is one is developed of managerial capabilities in a very broad sense. Counselor in this sense includes all who are responsible for setting organizational objective and getting these accomplished through other people at all levels of the organization. It therefore includes education, trainer, professional engineers, scientists, technologists and technicians who supervise the work of other sub-ordinates within their organizational hierarchy. The present situation in most developing countries of the world is that capacity of their counselors to create orderliness among the members of each collectivity of human beings pursuing private or public objectives and effectively directing the group towards the attainment of a designated objective is yet very low. The demand of this managerial function becomes more difficult as the collectivity managed gets larger and more complex. Therefore in the face of rapid development and expansion of size and technology of the public and private organizations in many less developed countries, the developed managerial capability of most leaders has been stretched beyond limits. This quality must be up-graded. (Guillén 2009)

Every government of these less developed countries like US has therefore accepted the responsibility for overcoming the obstacle of poor management within its domain, in US there are three bodies involved with the capacity building in the country;

a)The Universities charged with the responsibility of providing education

b)Management Development Institutes - providing training.

c)Research Institutions - conducting studies or investigations

Government has set up a number of management development institutes MDIs to better train mangers and accelerates development in all sector of the economy, some of which are;

1.CIBN - Chartered Institute of Bankers of US

2.ICAN - The Institute of Chartered Accountant of US

3.NIM - USn Institute of Management

4.CIPM - Chartered Institute of Personnel Management

5.CMD - Center for Management Development

6.ITF - Industrial Trust Fund ...