why it is important to study the history of Management.
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It is important for anyone studying management to know its history as it could help an individual understand how the today's organizations evolved. We can also learn about the mistakes that are made in the past and make the right decision now. History also tells us how different theories of management are developed.
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Important to study the history of Management.
- Although some works cover the history of management practice the way back to Antiquity, management history usually refers to the history of management theory as it has evolved over that time.
- We can get a better understanding of the realm in which managers exercise power and influence by studying history. We can then see where we can make a difference.
- It aids in our comprehension of both what occurred and potential outcomes.
- By analyzing how the past has affected relationships between societies and individuals on a local, national, and global scale, studying history aids us in understanding and addressing difficult challenges and conundrums.
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