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Types | Traditional Management | Modern Management |
Definition | Traditional management systems focus on goals and objectives that the Higher management of the company establishes. | Modern Management systems focus on the development of each factor of workers and organization. |
Objectives | Clear-cut single Objectives | Multivalued/ Several Objectives. |
Leadership | Autocratic Leadership | Participative and Democratic Leadership |
Authority | Authority by position | Well-earned authority |
Economic | Incentives Based | Incentives and rewards Based |
Tasks | Clear-cut Tasks | Multidisciplinary tasks |
Emphasis | Emphasis on Individuality | Emphasis on Team |
Controls | Management Based | Management and Operational Based |
Training | Individuals trained to Fit the organization | Training provides according to employee types |
Stability | Traditional Management is more stable | Modern Management is dynamic with multiple strategy. |
Conflicts | Conflict considered undesirable | Conflict considered unavoidable |
Segmentation of labor force | Strict segmentation of labor force | Transparent multigroup dependencies |