What is management paradigm?

A management paradigm refers to a distinct framework or approach that shapes how organizations are managed and how decisions are made. It encompasses the underlying theories, principles, and practices that guide managerial behavior and organizational processes. Shifts in management paradigms can arise from changing economic conditions, technological advancements, or evolving societal values, often leading to new strategies and methods for achieving organizational goals. Examples include the transition from classical management theories to modern approaches like agile management or lean practices.