Evolution of Management Thought
The study of management has evolved significantly over the past century, moving from rigid, mechanical views to more dynamic, human-centric models. The journey began with the \<strong\>Classical Approach\</strong\>, pioneered by figures like Frederick Taylor and Henri Fayol, who sought the "one best way" to perform a task. They focused on maximizing efficiency through scientific study and hierarchical structure, treating the organization like a machine.