T
Thobile Precious
May 12
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C
ChatGPT
May 12
1. Strategic management
2. Operations management
3. Human resource management
4. Financial management
5. Marketing management
6. Project management
7. Risk management
8. Change management
9. Quality management
10. Supply chain management
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G
Google Gemini AI
May 12
1. Traditional Management Practices

- Scientific Management: Emphasizes the division of labor, standardization, and incentives to improve efficiency.
- Classical Management: Focuses on the principles of hierarchy, specialization, and unity of command.
- Human Relations Management: Prioritizes employee satisfaction, motivation, and communication.

2. Modern Management Practices

- Systems Management: Views organizations as interconnected systems that interact with the external environment.
- Contingency Theory: Asserts that the best management practices depend on the specific situation and context.
- Participative Management: Involves employees in decision-making and problem-solving.

3. Contemporary Management Practices

- Agile Management: Focuses on flexibility, adaptability, and continuous improvement.
- Lean Management: Aims to eliminate waste and improve efficiency through continuous flow.
- Project Management: Applies specialized knowledge and processes to manage projects effectively.

4. Specialized Management Practices

- Financial Management: Involves planning, controlling, and managing financial resources.
- Human Resource Management: Recruits, trains, and develops employees to align with organizational goals.
- Marketing Management: Creates and implements strategies to promote products or services.

5. Hybrid Management Practices

- Hybrid Agile Management: Combines elements of agile and traditional management practices.
- Lean Six Sigma: Integrates lean manufacturing principles with statistical tools to improve quality.
- Total Quality Management (TQM): Focuses on continuous improvement and customer satisfaction.

6. Emerging Management Practices

- Artificial Intelligence (AI) Management: Utilizes AI technologies to automate tasks, improve decision-making, and enhance efficiency.
- Sustainability Management: Integrates environmental, social, and economic considerations into business operations.
- Data-Driven Management: Leverages data analytics to inform decision-making and improve performance.
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