Abstract
Management ties together resources in an organization, mobilizes resources, and harmonizes efforts of all stakeholders to achieve organizational goals. Management in modern organizations have been challenged to adopt approaches that will keep organizations afloat. Arguably traditional approaches mainly aiming at effectiveness can no longer be relied on. This paper discusses project management approach in comparison to general management, its influence on organizational performance, highlight success cases and use of monitoring. It concludes that project management approach is core for organizational success and provides a flexible way to enhance continuous quality improvement, effective and efficient production within budget and set timelines.
Highlights
In the 21st century contemporary approaches to management have continued to evolve influencing management thoughts
Stemming from the traditional theories pioneered by Fredrick Taylor, Henry Gantt and Lillian Gilbreth, the bureaucratic principles by Max Weber followed that focused on management as a profession that could be taught
This paper is to explore how project management approach can be adopted to make organizations gain a competitive advantage
Summary
In the 21st century contemporary approaches to management have continued to evolve influencing management thoughts. Stemming from the traditional theories pioneered by Fredrick Taylor, Henry Gantt and Lillian Gilbreth, the bureaucratic principles by Max Weber followed that focused on management as a profession that could be taught These principles were supported by the likes of Henry Fayol, Chester Bernerd and Mary Perker Follet. Effective and efficient management was viewed as that which promotes order and stability using rules and procedures To achieve this management provided a structure in which activities are identified resources allocated, master routines are set, placements and procedures established to guide performance of duties. In this era of globalization sustainability overrides stability as organizations can no longer ignore the turbulence in external environment. J Entrepren Organiz Manag 4: 155. doi:10.4172/2169-026X.1000155
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