Development of Management Thought

[msaha2417]

Hi! It's Manojit here. Can anyone help me to get the reference about the following topic:

Why is the study of "Development of Management Thought" relevant and important to today's management students?

It would be a great help to me.

Hope to get the help soon from you all.

[pratik_mehta7]

hi manoJIT.....guess your name itself contains a hint of new management technique JIT and i wonder you asking this question......well had the management thoughts allowed to be static..then you would be reffering to the same old Philip Kotler or Peter Drucker that was once used by our parents........

hence now do you understand why is the development of Management Thought neccessary...

[tarunesh_mathur]

see, the basic principles of mgmt remain the same....its just their application that differs from situation to situation. the thought of innovation in mgmt is vey imprtant in a globalized economy