Rendering to the video and the material that I have read about in this unit I see that each theory presents itself different in their own way. Starting with the classical approach the management is the highest chain of command. With that being said, it combines the scientific and the administrative management. Scientific management is there to recover the efficiency of work. The Administrative management approach focuses on the coordination of the workings of an entire organization. The classical theory has the assumption that work is a rational undertaking that is done just to make money.
The behavioral approach stresses understanding the importance of people’s needs and attitudes within the formal organization. This approach is also used for management so that they can understand the importance of the workers and their needs and their attitudes within the formal organization. The third approach is the systems approach. This approach uses organizations as sets of interrelated parts to be managed as a whole with the purpose of achieving one main goal. This organization consists of transformation processes, inputs and outputs, and feedback. The last and final theory is the contingency approach. This approach emphasizes identifying the key variable in each situation and understanding the relationships among the variables. It also recognizes the causes and effects of managerial decisions. The contingency approach is the result of the systems approach.
Implementing a little of each theory in a successful way could possibly create an even better theory that will obtain the maximum production as well as happy and loyal employees. It is very important to make sure that the employees are happy. If employees are not happy, then it may affect the production of the company. The saying is “one bad apple can spoil the whole bunch.” However, the theory that I would choose is