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Tuesday, November 20, 2012

Management Theories


This article presents several management theories, including recent changes in managerial- restructuring and accident theory. Fayol’s 14 principles of management Recent changes in managerial- restructuring. Some media companies such as Fairfax and APN News & Media report their result this week. In order to slenderise the costs of this year, Fairfax decided to retrench 550 jobs, paper saving. Moreover, some enterprises suggest their provide take nine-day fortnights, which offer mental faculty more options for their own good Specifically, this plan includes cost cutting and suppress hands, this is a sample shows that today many enterprises face dear financial problem to maintain their organizational operation. To solve this problem, they strive to cut the expenses of operation or find new sources of revenue. harmonise to Waddell et al. (P.15), restructuring may involve downsize an organization, or shrinking its operations by eliminating the job of large number of managers. He gives an example that in 2001, Gillette and Procter Gamble restructure and streamline their global operation to reduce costs, announcing major job losses and planning to close implant lay off more than 10 percent of their workforce in all worlds. Contingency theory. Waddell et al. (P.

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61) say that the characteristics of the environment mask an organization’s ability to obtain the resources and managers must support an organization’s departments to organize and control their activities in ways likely to allow them to obtain resources. For Leonard Asper, the CEO of Network hug drug's Canadian parent CanWest and News Limited corporate affairs chief Greg Baxter, the way they change to maintain the organizations is to take tone of night-day fortnights and invitations to staff to take leave Fayol’s 14 principles Gavin Larkin, who runs STW execution The Brand Shop sent an email to all staff which offered nine-day fortnights. They offer all staff a possibility to bugger off more options. This relates to...

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