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The Mangement Techniques

In: Business and Management

Submitted By Ravi70
Words 452
Pages 2
The Mangement techniques are designed in such a way that can be used in almost all complicated situation. There is list of “softer" managerial &’’ tough’’ managerial skills that turns average performers to star performer. It should be noticed that what ultimately differ the good to great achievers with the help of these management skills.

The benefits of various Managerial approaches are:
1. Hawthorne effect
Frederick Taylor's introduced some influential ideas, so that individual’s performance can be improved . Hawthorne established some social context which was influence through external surroundings. The experimenters concluded that changing the physical conditions as well as working hours, rest breaks improves the workers' productivity. This approach has led to increase production with lower Absenteeism. (The Economist, 2014)
2. SWOT analysis
The advantages SWOT analysis is its low cost. It can be done by anyone who understands the situation. It consume less time for addressing the complex situation. It does not require any external consultant .It helps to understand problem while addressing weaknesses with the deter threats at the same time. Most importantly it helps to capitalise opportunities with the understanding of strengths.

3. Centralization
While Centralization of decision making helps in Reducing cost of the budget. It also leads to uniformity in action of top management. Its impact is more clearly visible due to existence of personal leadership which also leads to flexibility in decision making. This approach ultimately lead to improved quality of work & better co-ordination among workers with its standardised procedures & uniform supervision. (Acharya, 2014)
4. Job analysis
The job analysis is most outstanding approach as it involves profound research rely on sequential three actions :
• First reviewing the job…...

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