Page 4 - IC90 Human Resource Management
P. 4
2. Evolution of Management
3. Principal of Management
4. Management Science
5. Management: Science or Act
B. Evolution of Management Thought
The practice of management has been in evidence right from the time human
beings joined together to carry out various activities. However, the
development of a theoretical framework of management came about only with
the industrial revolution in the UK and the USA in the late 18th and 19th
centuries.
As industrialisation and international trade and commerce developed, the need
for the systematic study of managerial aspects became evident. Some thinkers
and analysts tried to synthesise the observations they made and the
knowledge they gained and put forward what are known as different
approaches to management or different schools of management thought.
