تلخیص
This article is to understand management theories, principles and techniques in the historical perspective and explore viability of their application in our environment. The management as subject of arts and science together has revolutionised the world as we see it today. In Pakistan, we lack in understanding the management as well as its application. The reason is that it emerged as a discipline predominantly in the Western World based on their studies. We as learners and followers of the modern knowledge of management, try to apply this knowledge as conceived by the western writers for their people. Contrarily, our people have different background, education standards and socio-political environment. Accordingly, the knowledge has to be translated and transformed to make it applicable to our system of working. The other area of our concern is that we have to make our people understand the modern knowledge and its application prerequisites. Only then this knowledge shall be beneficial to us. The paper highlights both aspects of the issue and suggests a 3M formula which is basically the integration of three main factors of all predictive activities i.e. men, machines and material. It affords due emphasis on ‘learn not only to theorise, but to apply’. Knowledge without its application is mere wastage of time and effort.
Dr. Bashir Ahmad, . (2010) Management: Evolution and Application in Our Environment, Journal of Managerial Sciences, Volume 6, Issue 1.
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