What are the two management schools of thought?

The two main management schools of thought are:

1. Classical Management Theory: This school of thought focuses on the principles of management that were developed in the late 19th and early 20th centuries. It includes theories such as scientific management, administrative management, and bureaucratic management. Classical management theory emphasizes the importance of hierarchy, structure, and efficiency in organizations.

2. Modern Management Theory: This school of thought emerged in the mid-20th century and includes theories such as human relations management, systems theory, contingency theory, and total quality management. Modern management theory focuses on the importance of employee motivation, teamwork, innovation, and adaptability in organizations. It emphasizes the need for managers to be flexible and responsive to changing environments.

1. Classical School of Management
2. Behavioral School of Management