Management Thought

Abstract: contemporary management refers that which management tools are practiced by today’s managers and business organizations. This is a top most aspect of management as well as business organizations. Contemporary management practice starts from the ancient civilization. Then it invents various aspects like administrative management, scientific management, modern management and now every where practice contemporary management. There are some basic issues of contemporary management like total quality management, e-commerce, human resources management, project management and globalization. Besides those issues in recent some more issues are upcoming in contemporary management. Management in the changing society has become important to all because of its universal application, and therefore, contemporary issues on management provide basics on the effectiveness of work-life of individuals and groups who work at different situations in competitive world environment.

Management expert has developed various philosophy and theories for the development of management in human civilization. They provided a proper direction through application of various model in order to achieve organizational objectives. Contemporary management is the set of theories that are developed at present and properly applied in order to achieve organizational goals. Management system, philosophy, and theories have been changing by the course of time. All the present philosophy and model are not applicable properly in the field of management in all organization equally.This is the new issue of the "MANAGEMENT". Its primary goal is to present current research in the field of management both to domestic and foreign public. Th epaper deals with issues facing the large and small companies. It deals with pressing problems, not only of general nature, but especially with those occurring in the countries in transition also. In fact, it aims to cover functional issues, specific topics and general...