Classical Management Theory
Classical Management Theory is a framework that focuses on improving organizational efficiency through structured management practices. Developed in the early 20th century, it emphasizes clear hierarchies, defined roles, and standardized procedures. Key figures like Henri Fayol and Frederick Taylor contributed to this theory by advocating for systematic approaches to management, such as time studies and division of labor.
This theory is built on the belief that organizations function best when tasks are clearly defined and responsibilities are assigned. By streamlining processes and enhancing productivity, Classical Management Theory laid the groundwork for modern management practices, influencing how businesses operate today.