Contemporary Management Essay Example | Topics and Well Written Essays - 2000 words

Contemporary Management - Essay ExampleIn this study, we lead tackle how Amazon.com, a leading online vendor of books and reading materials, advance its business strategies in a global scale applying hypothesis contemporary prudence in reaching its market goals effectively. This paper will specifically (a) analyze effective management and the evolution of managements ideation (b) analyze effects, influences and changes from numerous factors using theory of contemporary management (c) examine how management theory can be optimized in Amazon.coms organization (d) evaluate the significance and impact of information technologies in contemporary business operation and finally, (e) treasure how information systems are optimized to support Amazon.coms managements decision-making. Theories of Management Contemporary business management is distinguished by some significant factors with new(prenominal) theories of management. The latter is inclusive of scientific, bureaucratic management , human relations effect and progressive management development (McNamara, 2012, p. 1). Scientific management theory, which is more widely practiced in the 18th to mid-19th centuries by then emerging large industries, deals with routinary tasks in the manufacturing industries (McNamara, 2012, p. 1). ... 1). The dehumanizing and enslaving relations at workplaces under these management theories motivated workers to deliberate their rights and fought for human relations movement to improve their situations in work places (McNamara, 2012, p. 1). Impelled by labor unrest and uprisings, workers demanded for business management that respects their skills, capacities and intelligence (McNamara, 2012, p. 1). They asserted, as reflected with corporate behaviorism, that organizational equity and development could only be attained if workers rights and needs are considered by the companies (McNamara, 2012, p. 1). Bolstered by these movements, workers were capacitated, coached, and mentored fo r their career development and supervisory skills acquisition (McNamara, 2012, p. 1). Most workers were sent to initiate to acquire knowledge on effective business operation and human resource management (McNamara, 2012, p. 1). Nowadays, companies embraced contemporary management which is featured with contingency, systems and chaos theories (McNamara, 2012, p. 1). The first theory contended that the management assume the power of decision-makings using frameworks and approaches with better leadership styles (McNamara, 2012, p. 1). Contemporary leadership adopts the confluence of transformational, transactional, principle-centered and charismatic styles to manage human resources to ascertain that they are well-motivated to put together goals while engaging clients for their respective service satisfaction (McNamara, 2012, p. 1). On the other hand, systems theory extols functional systematic operational procedures laid for workers in business operations and in human resource manage ment (McNamara, 2012, p. 1). The system includes regular meetings, planning, implementation, monitoring,