Business Management - Ashton Swartz

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    Timeline

  • Scientific Management

    Scientific Management
    Scientific management is a theory of management that analyzes and synthesizes workflows. Its main objective is improving economic efficiency, especially labor productivity. It was one of the most popular management styles in the day.
  • Modern Management

    Modern Management
    Modern Management Theory embraces the idea that people are complex. Their needs vary over time, and they possess a range of talents and skills that the business can develop through on the job training and other programs.
  • Bureaucratic Theory

    Bureaucratic Theory
    Max Weber created the bureaucratic theory, which says an organization will be most efficient if it uses a bureaucratic structure. Weber's ideal business uses standard rules and procedures to organize itself. He believed this strategy was especially effective for large operations.
  • Administrative Theory

    Administrative Theory
    Henri Fayol developed six functions of management that work in conjunction with 14 management principles. This theory has a few core ideas that live on today, but you'll rarely find a workplace swearing by Fayol's 14 principles. The six man functions are, Forecasting, Planning, Organizing, Commanding, Coordinating, Controlling.
  • Human Relations Theory

    Human Relations Theory
    In contrast to Weber's bureaucratic theory of management, the human relations theory emphasizes relationships. Mayo believed that productivity increases when people feel like they are part of a team and valued by their co-workers.
  • Systems Management

    Systems Management
    Systems management offers an alternative approach to the planning and management of organizations. The systems management theory proposes that businesses, like the human body, consists of multiple components that work harmoniously so that the larger system can function optimally.
  • Contingency Management

    Contingency Management
    Fred Fiedler and others conceived of Contingency Management Theory in the 1950s and 60s. Fiedler based his theories on the idea that effective leadership was directly related to the traits the leader displayed in any given situation.
  • Contingency Management Theory

    Contingency Management Theory
    A contingency theory is an organizational theory that claims that there is no best way to organize a corporation, to lead a company, or to make decisions. Instead, the best course of action is dependent upon the internal and external situation.
  • Theory X and Theory Y

    Theory X and Theory Y
    The X&Y theory of management assumes there are two different types of workers. Theory X workers lack ambition and drive and need to be ordered around by bosses to do anything. Theory Y workers, on the other hand, enjoy work and strive for self-fulfillment.
  • Blended Learning

    Blended Learning
    Blended learning is an approach to education that combines online educational materials and opportunities for interaction online with traditional place-based classroom methods.