A Comparative Study on Different Styles of Management

Management practices of the organization and its performance mainly based on but the different styles exist in different culture, may be they are effective now but may not be in the future, because the practices are not unique or not universal or not without any critics .We have witnessed in the recent past the introduction of various management theories, techniques, approaches and management styles. The managerial tools with their roots in the culture of contemporary Islamic societies have been included emphasizing their importance and priority for our systems. Muslims are trying to make some differences in the conventional management approach in light of Islamic values. Islami Banks and other institutes are the burning example on the same. Most of the issues, like principles, functions and approaches are similar to the Islamic approach and in few cases there are some divergences between these two approaches to management. Keywords: Traditional management, Islamic management, Management Styles