The Impact of Traditional Management Theories on the Management of Profit oriented Organisations in Nigeria; Benue State as a case study

Abstract

The evolution of management theories attempts to respond to a basic issue in management. The issue is “the best way to manage an organization”. To address this issue there has been a number of responses from different theorists, practicing managers, scholars, sociologists, psychologists and so on. The different assumptions behind these responses are based on behaviour of people in the organizations, the goals, and objectives of the organization, the types of challenges faced and methods that should be employed to meet these challenges. This work seeks to examine the impact of traditional theories on the management of profit-oriented organisations in Nigeria but particularly in Benue State. To achieve this, secondary data pertaining to profit oriented organisations in Benue State were used. It was discovered that Nigeria’s economy particularly the management of profit-oriented organisations after one hundred years has not yielded the desired result due to bad management coupled with other factors militating against effective and efficient management of organisations. It was recommended that traditional management theories that gave positive results in the olden days should be employed in the management of profit-oriented organisations in Nigeria and urgent attention should be given to the identified factors militating against effective and efficient management of profit-oriented organisations in Nigeria.