Management Models

MANAGEMENT MODELS

Western Management models  

Management is culture specific Classical school of thoughts 

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Taylor, Fayol, mayo, Mcgregor

European & Americans dominated MNCs from US tried to spread their culture

Flaw in western model   

Individualism Competition Profit maximisation 

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Peter drucker : “I believe that it is socially and morally unforgivable when managers reap huge profits for themselves but fire workers”

Lack of ethics

Western model : suitability and sustainability  

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Cultural differences Hofstede “…not only values and practices but even theories are products of culturally determined” Make decision using brain Ego driven

Indian management model 

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Bhagawast gita, Arthashstra and Thirukurral Family : social unit ; Individual : part of family Collectivistiv Eco driven Karma (action )& Rina (social responsibility)

Indian model : suitability and sustainability  

Left brained techniques Yoga 

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IQ, EQ & SQ

Socio cultural way of living

Functioning model in india 

Personal management in practice 

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Employers create more employers Sharing of wealth for social concerns Overall management ability 

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Personal orientation towards people in organisation

Holistic approach of entrepreneurs

“indianised “ style in corporate sector : value system maintained