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The Evolution of Management

2000s:
Big Data
1990s: Process
Optimisation
1980s: 06
Competitive Advantage
1970s: 05
1950s-1960s: Strategic Planning • Largely driven by the
Functional 04 consulting industry
1910s-1940s: Organisations 03 • Benchmarking and under the banner of
Management as Science business process
02 • With increasingly Big Data, organisations
reengineering became started to focus on
• Focus changes from competitive and
01 popular using technology for
• Due to growing and more measuring function to connected business
• Focused on increasing resource allocation environment, and with growth and value
complex organisations, • By mid 90s, 60% of
productivity and blooming management creation.
the 1950’s and 1960’s Fortune 500
efficiency- through • Tools like Strategic consultancy industry, • Oversaturation of
saw the emergence of companies claimed to
standardisation, division Planning (GE), Growth Competitive Advantage existing market space
functional organisations have plans for or have
of labour, centralisation Share Matrix (BCG) became a priority. drove to concepts such
and the Human already initiated such
and hierarchy. and SWOT were used as Blue Ocean
Resource (HR) projects.
movement. to formalise strategic • Tools like TQM, Six Strategy and Value
• A very ‘top down’ planning processes. Sigma and Lean were Innovation.
• TQM, Six Sigma and
management with strict • Managers began to used to measure
Lean remained popular
control over people and understand the human • After several decades processes and improve
and a more holistic,
processes dominated factor in production and of ‘best practice’ and productivity.
organisation-wide
across industries. productivity and tools ‘one size fits all’
approach and strategy
such as goal setting, solutions, academics
implementation took
performance reviews and began to developing
the stage with tools
job descriptions were contingency theories.
such as Strategy Maps
born. and Balance
Scorecards.

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