Part II – “People are our greatest Asset” – Human Capital Management

  Human Relations Approach and Behavioral Science Approach to Management In my previous articles, I discussed the Classical and Neo Classical Approaches  to management. Three important management principles were discussed. The Scientific Management, The 14 Principles of Management and Bureaucracy. Although the origins of these principles go back to 19th Century, today in the 21st […]

Part III – “People are our greatest Asset” – Human Capital Management

“People are our greatest Asset” – Human Capital Management  Continuation from last week. The development of the Management Theory- How relevant in today’s context In my previous article I explained the scientific management theory written by Fredric Winster Taylor (1856-1915). This was followed by Administrative management Theory also known as Principles of Management by Henry […]