Assignment 2 - Literature Review Essay (individual work)
___________________________________________________________________________
STATEMENT:
‘We tend to think of the task of managing as one defined by carefully considered, long-term thinking. If the global financial crisis taught us anything, it is that more often than not organisations operate with very short horizons, reacting to an ever-changing environment.’
Introduction
Management is celebrated as one of the innovation whose impact is considered equalled to be one of the most changing technologies. Management is therefor said to be that body of thought that makes the organization work. Therefore management should be considered a long term goal, but due to the financial crisis, a new way of thinking have risen, organisations must adapt to short term goals to the ever changing environment.
According to (Jackall 2010), developing effective management skills to deal with the challenges of the changing environment is needed for organisations to remain competitive in the world market. Proper practice of management skills should be considered for workers to help the organisations by being efficient and effective.
This essay is to analyse the practice of management that has been practiced before and after regard to the change of the environment in the organisation, i.e. the global financial crisis. Proper practice of considerable management styles which have been used before and are known to affect the success or failure of an organisation will also be analysed. ‘A feature of an organizational and its management process is change’ (Kurt, 2004).
Section 1: Management and organisation
It is viewed that management is an act of getting work done through people. Management takes the planning and directing efforts of putting resources together to accomplish a task. Later in the 20th century, scientific