3 Must Read Management Theories for Modern Managers

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We will be discussing three vital management theories of modern day management. All the three things are becoming quite important these days. In order to have a greater work-life balance, a perfectionist should get used to the following bible of management.

Crisis and Stress Management

Stress can affect both your physical body and analytical mind. You become too tired, sick, and unable to concentrate or think clearly. Sometimes, even you fall into mental breakdowns. Stress Management becomes highly essential to maintain a balance in your cross over life.

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We would study few techniques to eliminate the side effects of distress and crisis. We may not be able to control the things that cause stress, but we can control how we deal with stress and crisis. This is known as stress management.

Management Theories: Tips to control stress & handle crisis:

  • Create some free time to think and relax.
  • Work on a specific hobby.
  • Exercise, take a power walk.If possible consult a specialist.
  • Laughter is the best possible medicine.Enjoy yourself!!!!
  • Build a moral support system.
  • Have a Spiritual Diet.
  • Enjoy what you do or do what you are passionate about.
  • Have work-life balance.Love your job not your company.
  • Have some exotic businees plus pleasure i.e.bleisure trips.
  • Yoga and Meditation a must in your recipe.
  • Save money for rainy days. Take advice of a financial consultant.
  • Be unserious sometime because you perform your best when you are not too sentimental.
  • Get failed in the examination sometime too so that you can enjoy your failure too.
  • Have little fight and heartbreaks with your beloved ones so that you have a mental control & can bounce back.
  • Follow Plan-Do-Check-Act(PDCA) rule.
  • Follow K.I.S.S. (Keep it Simple Silly).
  • Stay hungry, stay foolish for knowledge always
  • Develop S.M.A.R.T. (Simple, Measurable, Achievable, Realistic, and Time Bound) goals.
  • Disconnect your cellphones after work hours to recharge your body.

Team Work

Teamwork  is basically the theory  of people  or animals working together in a friendly atmosphere . A team player is  a person who is able to gel well with others in a cohesive group.Team Building is the synchronization of establishing and developing a greater sense of collaboration,coordination,control and trust between the team members.

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Few benefits of good teamwork are illustrated below:

  • When staff utilise their skills and knowledge jointly, we get better results.But a leader is supposed to provide correct information that would assist individuals in achieving a better quality of life.
  • People working together can sustain the enthusiasm and lend support needed to complete the work of each program.

Time Management

The science or art of planning and exercising conscious control over the amount of time spent on specific activities, especially to increase effectiveness, efficiency or productivity is time management.

Try these three management theories and see how it works wonder in your everyday work!

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About Sanmay Rath 118 Articles

Sanmaya Rath is a training Head at Black Panther Guards & Services Pvt.Ltd, Bhubaneswar. Formerly Professor(Marketing),Krupajal & INC,Bhubaneswar.
Visiting Prof.(IEP),FABS B-School Pvt.Ltd.,Bhubaneswar. Associated with 2COMS, Bajaj Allianz,Bharti Airtel.