Ch 4: Contemporary & Future School of Management Theory Overview

About This Chapter

This comprehensive business chapter examines the fundamentals of contemporary and future school of management theory. The chapter's lessons and quizzes are intended for managerial employees who want to build upon their management skills and theoretical knowledge.

Contemporary & Future School of Management Theory Overview - Chapter Summary

If your managers are looking for a way to integrate contemporary and future school of management theory at work, have them review this self-paced professional development chapter. Consisting of engaging video lessons, this chapter helps managers quickly review the applications of business concepts like:

  • Systems management theory
  • The modern theory of management
  • The quantitative school of management
  • The contingency school of management
  • Operations management

Included in the chapter are short quizzes that can help managers quickly reinforce the information while it's fresh in their minds. You can assign these lessons and quizzes to your managers at any time, and they can review the materials on any Internet-connected device.

How It Helps

  • Builds awareness: The chapter helps employees cultivate a thorough awareness of several modern-day management theories and schools of management.
  • Breaks down operations management topics: Employees will be able to use operations management as a way to focus on production efficiency and customer satisfaction.
  • Strengthens managerial knowledge/skills: Managers who complete the chapter will be able to use these management theories to lead their employees more effectively.

Skills Covered

By the end of the chapter, your managerial employees should be able to:

  • Explain the modern theory of management
  • Understand what operations management says about customer satisfaction and production efficiency
  • Define systems management theory
  • Create disaster recovery plans
  • Compare the quality, quantitative and contingency schools of management

7 Lessons in Chapter 4: Contemporary & Future School of Management Theory Overview
Test your knowledge with a 30-question chapter practice test
Modern Theory of Management

1. Modern Theory of Management

Modern management theory has changed the way managers look at their jobs. Advancements and refinements in management theory and practice have enabled managers and managerial systems to evolve. In this lesson, we will look at modern management theories.

Quantitative School of Management: Improving Managerial Decision-Making

2. Quantitative School of Management: Improving Managerial Decision-Making

In order to be effective, managers must make informed decisions. In this lesson, we will help you to understand how managers make decisions using data, models and statistics.

Operations Management: Focusing on Production Efficiency & Customer Satisfaction

3. Operations Management: Focusing on Production Efficiency & Customer Satisfaction

Operations is the lifeblood of any organization - how a business works and processes materials and services helps produce its output. In this lesson we will focus on operations and explain the elements present in it.

Systems Management Theory

4. Systems Management Theory

Every business has to follow a process, and that process is the result of a system. The systems management theory focuses on systems and how they work and function within an organization.

Contingency School of Management

5. Contingency School of Management

Companies must plan for the expected and the unexpected. In this lesson, we will talk about the contingency school of management and how that thought process and viewpoint helps companies to prepare for both the expected and unexpected.

Practical Application: Creating a Disaster Recovery Plan

6. Practical Application: Creating a Disaster Recovery Plan

No matter how hard we try to prevent things that will have a negative impact on the organization, disaster strikes anyway. When this happens, it's important that everyone in the organization knows how to restore normal operations quickly.

Quality School of Management: Kaizen & Reengineering Approaches

7. Quality School of Management: Kaizen & Reengineering Approaches

All companies strive to improve and deliver a better product. That single thought is driven by the quality school of management. In this lesson, we will learn about that school of thought and how it evolved.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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