Max Weber’s work is divided into three main parts: 1) The theory of bureaucracy; 2) The theory of capitalism; 3) The theory of religion. Let’s focus on the theory of bureaucracy only in this post.BureaucracyIn the first part of his work, Weber deals with the question of how modern society can be organized. His answer

Max Weber’s Theory of Management

The Scientific Management Theory is a theory of management developed by Frederick Taylor. It was first published in 1911, and it has been widely used to describe the organization of work in factories since then. The term “scientific” refers to scientific methods to improve efficiency.  KEY Takeaways The Scientific Management Theory emphasizes efficiency and eliminating

Scientific Management Theory

Management is the process of directing people to achieve organizational goals. It involves setting objectives, assigning responsibilities, monitoring progress toward those objectives, and evaluating results. Managers are responsible for developing plans, policies, procedures, and systems that will help their organizations function effectively. They are also responsible for deciding how best to allocate scarce resources among competing

Principles of Management – POSDC Model

Quality management is defined as the systematic approach used to ensure that an organization meets its objectives and achieves its goals through the effective implementation of a Quality Management System. Quality management is a strategic tool to achieve organizational success.Relationship Between Quality Management and Strategy DeploymentISO 9001 2015 clause 5.2.1 requires: Top management shall establish, implement and

Quality in Strategic Deployment

Initially created by Dr. Robert Kaplan and Dr. David Norton at Harvard Business School, the Balanced Scorecard has been used widely to measure business success. Historically, companies measured their success using only short-term financial measures like revenue, profit margins, etc. In addition to financial metrics, balanced scorecards add different non-financial performance indicators such as customer

Balanced Scorecard

Measurements assist in making decisions and understanding the progress in meeting the strategic and tactical plan.Measurements drive behavior. What gets measured gets done.Organizations must be able to measure their performance in order to improve it. This is a vital element of any strategy, as it allows organizations to understand how they are performing against their

Organizational Performance Measurement