The study of management as a discipline is relatively new, especially when compared with other scientific disciplines. Yet, to truly understand current management thought, it is necessary to examine the historical links. It is best to consider not only management pioneers' management theories, but also the contextual and environmental factors that helped to clarify the developmental process behind the theories. Therefore, management pioneers may be easily placed along a historical timeline.

Using the work of Daniel Wren as a guide, the following categories are employed: (1) early management thought; (2) the scientific management era; (3) the social man era; and (4) the modern era.

EARLY MANAGEMENT THOUGHT: THE ECONOMIC FACET

Adam Smith and James Watt have been identified as the two men most responsible for destroying the old England and launching the world toward industrialization. Adam Smith brought about the...