Management Case Study

Management is simply defined as the art of managing people or getting things done by people. In this world of globalization, innovation and liberalization, strategies and policies for business operations are constantly changing. The business dynamics needs to be in sync with the competitive world. The business strategies that were considered to be the lifeline of every business few years back is now redefining itself to bring a revolutionary turn in business.

Management, over the span of time, has gained utmost importance in the past few years. There is no specific evidence of how management evolved but it is definite that management has brought a revolution in the current business scenario. A combination of planning, organizing, delegating and supervising have gave a significant turn to the boardrooms of corporate houses. From these corporate houses and business firms, management has traveled a long way to realize its acceptance and significance.

Education is a prime requisite for learning effective management. Today, many colleges, institutes and universities are offering an informative course on MBA on various specific fields. These fields include finance, business, marketing, human resources, information technology and many more.

In every course of management, there are four stages of learning. These stages differentiate various aspects of educational needs depending on different stages of career. This is because at every stage of career, an individual requires a different management education in order to have smooth and successful operations. For example, a 22 year MBA graduate requires minimum management education than a 60 year old CEO of a multibillion firm.

Organizational Behaviour is one of the most crucial elements of management studies. This subject has been greatly researched upon and many great management thinkers have come up with separate theories which give us a fair idea about the nitty-gritty of this term. Organizational behaviour, as the name suggests, is the study of how individuals, people and various groups function in an organization. By adopting system approach methodology which focuses on the dynamics between people and organization in its entirety, it manages to create improved relationship within the organization. Organizational behaviour encompasses multitude of human dimensions including leadership, human behaviour, human psychology, motivation, change, culture which all combine together to achieve humans and organizational objectives.

Organizational behaviour uses some scientific means to understand the dynamics of individuals and group within the organization. It also seeks to study the structures and strategies guiding the motives of employees and organizations. It seeks to explain what motivates the individuals in an organization. Many eminent authors have presented their versions of organization behaviour. Among them, Chester Barnard,