Management Progression and Prospects- A Comparative Global and Historical Overview of the National and Multinational Organizations in the Context of Pakistani Business Environment

Abstract

Organizations are essential entity for the survival and sustainability of an economy. In today’s dynamic world the survival of an organization itself is big challenge in the face of unpredictable threat, challenges and uncertainties. This obviously calls for a successful management strategy which is possible through an understanding of the various factors surrounding and influencing organization. Among these the knowledge of the history is also a critical and vital factor. Knowledge of historical facts especially the management history will enable an organization to reshape and redraft its strategies for the future. This will be further improved if the historical events are learned in the context of global environment. There exist the elements that are responsible for bringing modification enhancement and modernization to the management which exists today. This study attempted to differentiate the distinguishing elements responsible for the reason of success through a comparative research basis among the multinationals and national organizations operating in Pakistan. Comparison was made on different attributes related to organizational characteristics and management functions. The study further attempted to explore the role, impact and implementation of the management techniques in resolving and assisting the managers to successfully manage the organization on various grounds. This is possible through gaining the knowledge of management from a prospective and retrospective view in connection with the influencing factors.