Like scientific management, this movement known as management science, uses the scientific method to find the best solution to industrial problems. This approach is closely associated with the systems approach, which views an organization as a system made up of various, interrelated parts. Since the 1960s, organizations have started using the contingency approach to management changing the management principles and organizational structure based on the rate of change in an organization's environment and technology. The entrepreneurial process. The competence-building process.
Successful managers take advantage of the talents and knowledge of their employees.
They devote much of their effort to creating an environment that encourages employees to take on more responsibility, and to providing the education and training needed to build employee self-confidence. The renewal process. Employees should develop the habit of questioning why things are done as they are and whether it might not be better to disrupt the status quo and do things differently. Many universities and colleges offering a business degree will also offer a management emphasis. In addition to the required core curriculum of the university, which usually includes liberal arts, math, and science courses, the business department will have other requirements.