*Asst. Prof., Dept. of Commerce, SBES College of Arts & Commerce, Aurangabad. e-mail: hndeshmukh20164@gmail.com
Online published on 25 January, 2021.
Organization and Management these are the terms which are coined and used commonly in the twenty first century on large scale and in day today life also. Basically establishment of any organization is made available to produce Goods and Service and render it to the society for welfare and wellbeing of people and society. The success and effectiveness of organization depends on how the Management Principles, Tools, Techniques, Methods, Mechanism and Machinery is used. In the beginning the concept and application of management was concern with human oriented approach, in which the efforts and attention was concern with work, work environment, facility, services and other welfare approaches. This objective was experienced in Every concern area like Education, Industry, Trade, Business, Banking, Insurance and to the Service rendering Agencies. Since the process of Globalization beginned, competition increased, attention focused on quality, balancing demand and supply became a key indicator of success, Utilization of Resources optimally became an Agenda, cost controlling and cost reduction approach applied and practiced to increase the quality and profit of the organization. In the whole process the paradigm shifting is experienced in the Area of Management, particularly in management Education, application and practice in industry, trade, Industry and other service rendering Agencies and Organizations.
Paradigm shifting of Management from Human oriented approach to process oriented approach came in to practice and application because of ITC revolution and its impact, change in values, ethics and morals of society competition, focus on Quality, availability of excess manpower, Impact of globalization, Educational development, scarcity of resources, development and approach of progress rather the approach of welfare, target oriented Approach, Change in Educational curriculum, structure and function and many other things. This shifting is experience in management education, Entrepreneurship, trade, Industry, Business and other service rendering Organizations. The approach of process oriented Management benefits to improve the quality, process, Method, Mechanism and machinery to gear up for Quality production, Increase in profit and to Have healthy competition, Good Governance to achieve the Target, Fulfill the Objective and Attain the Goal of organization.
Management, Paradigm, Shifting, Machinery, Welfare, Wellbeing, Globalization