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Date Created: 12/21/15
The Uses of Modern Management Theory Theories are often seen as tiring to learn and tedious to apply. Because these theories are proliferating, people become confused about how useful these are going to be in the workplace. Leadership development training courses in Perth not only present the hypothetical but also include the practical. Here are several practical applications that pertain to workforce management. Objective Thinking Leaders and managers can no longer afford to make decisions based on whims. Having scientifically proven methods to use when analysing large complex information will help one make decisions which are both appropriate and timely. There are metrics that can be used to measure objectively how well a solution fits a given problem. Streamlines Decision Making The many layers of bureaucratically organised companies made decision making time consuming and cumbersome. Modern management theories, as taught by management and leadership development programs, advocate a flatter system with very few hierarchical levels. This allowed leaders and managers to receive information and have solutions enacted expeditiously. Maximises Productiveness All resources should be developed to their maximum potential especially human resources. Modern management theories recognise that success stems from having a finely honed workforce. This workforce is the one that produces the goods and delivers the services. They are in effect the image of the company and should be treated as such. Leveraging what motivates them, such as good work environment and congenial atmosphere, is more effective than economic gain in increasing productivity. Engenders Participation The concept that one is integral to the whole will help that person value the whole. Interpersonal relationships in the workplace, especially the informal ones, have more influence than the formal ones. It has been proven that peer pressure is a better tool than coercion by management. Management courses and leadership training in Perth thus incorporate lesson on human behavioural psychology and sociological management. Agile Adaptation The world of business today is becoming more and more interconnected not just locally but globally as well. This increases the number of changes one should look out for since events in other countries may have a direct bearing locally. The advent of the Internet has also made the workforce global in nature. No longer is one limited to what is available locally. Furthermore, one is also not limited to the local market. An increasing number of companies are discovering that doing business on an international level is very lucrative. However, there are dangers that need to be foreseen. Here is where management theories like the chaos theory will provide the most benefit. In summary, modern management theories taught through management consulting courses in Perth provide the participant with an edge. Those who learn to apply these theories in a practical environment think more objectively, make quick yet appropriate decision, increase productivity in subordinates, encourage participation effectively, and become more adept at adapting to change.