business management

  • scientific management

    scientific management
    F.W Taylor is the founder of Scientific Management, which is based on designing the process for effciency between the workers and the tasks. It is based on 4 principles:
    Study the workers to simplify
    Codify methods to rules
    (taylor, 39)
    Select workers with specialized skills
    Establish the expected performance measure
    http://www.nwlink.com/~donclark/history_management/management.html
  • assembly line efficiency

    assembly line efficiency
    in 1908, Henry Ford used Taylor's theory and principles to create a conveyor belt assembly line. His success was made official with the sale of 10,000+ cars with a lower price,even though he eventually raised them.
    http://www.nwlink.com/~donclark/history_management/management.html
  • scientific management becomes a standard

    scientific management becomes a standard
    Scientific Management became known at a national level. Most employers used Scientific management to some degree, but workers found themselves having to work more for the same wages,which eventually caused a lot of workers to quit
    http://www.nwlink.com/~donclark/history_management/management.html
  • Gantt Chart

    Gantt Chart
    Gantt designed a project schedule that is still used today in Six Sigma initiaves to chart project efficiency from start to finish.
    http://www.nwlink.com/~donclark/history_management/management.html
  • Fayolism

    Fayolism
    Henri Fayol developed the 14 principles and 6 general functions of management which outlined the comprehensive foundation for building management. Those principles and functions are still used today.
    https://www.slideshare.net/RitvikRungta/taylorism-vs-fayolism
  • the mother of behavioral management

    the mother of behavioral management
    Mary looked at organizations as groups rather than a hierarchy. She built her theory from the perspective of human relations.
    “A large organization is a collection of local communities. Individual and institutional growth are maximized when those communities are self-governing to the maximum extent possible.” (Mary Parker Follett 1924) https://www.slideshare.net/RitvikRungta/taylorism-vs-fayolism
  • Behavioral Science of Mayo

    Behavioral Science of Mayo
    Based on the Hawthorne Studies, Mayo identified that human relations and social needs of workers are important aspects of management and that employees need positive motivation.
    https://online.maryville.edu/online-masters-degrees/business-administration/history-business-management/
  • Dale Carnegie Approach

    Dale Carnegie Approach
    Dale Carnegie authored a current best-selling book titled "How To Win Friends and Influence People." His teachings are based around positive human interaction and how to build positive relationships based on communication skills.
    http://www.nwlink.com/~donclark/history_management/management.html
  • Organizational Environment Theory

    Organizational Environment Theory
    Modern organization theory is rooted in concepts developed during the beginnings of the Industrial Revolution in the late 1900s. Of considerable import during that period was the research done by of German sociologist Max Weber (1864—1920). This theory takes into consideration things that influence from outside of the organization via input, conversion and output.
    https://hbr.org/2014/07/managements-three-eras-a-brief-history
  • McGregor and X:Y Theory

    McGregor and X:Y Theory
    Douglas McGregor developed two types of assumptions about workers.
    Type X doesn't like to work and is lazy
    Type Y likes to work and is motivated to do a good job
    Type X manager must micromanage to ensure work is completed
    Type Y manager allows freedom to express skills and encourages
    https://online.maryville.edu/online-masters-degrees/business-administration/history-business-management/
  • Greenleaf and Servant Leadership

    Greenleaf and Servant Leadership
    This began as an essay by Robert Greenleaf in which he explains the employee wants to serve. First the employee is a servant and then becomes a leader. In others word you have to grind to get to the top.
    https://www.greenleaf.org/what-is-servant-leadership/
  • Japanese Theory Z

    Japanese Theory Z
    William Ouchi developed Management Theory Z: How American Business can meet the Japanese Challenge in 1981 and lower turnover, increase job commitment, and increase productivity. Ouchi follows McGregors theory Y and builds that employers need to focus on employee well-being and build a job for life.
    https://www.toolshero.com/leadership/theory-z/
  • Chaos Theory

    Chaos Theory
    Made by Edward Lorenz, this theory claims that business follows the laws of nature in that management of business cannot be controlled. As systems become more complex they become more volatile until the break and diverge in an attempt to remain stable. The parts either converge with a better system or fall apart completely.
    https://fractalfoundation.org/resources/what-is-chaos-theory/
  • SWOT Matrix

    SWOT Matrix
    The SWOT matrix is a simple tool for beginning a systematic analysis of your program. SWOT stands for Strengths, Weaknesses, Opportunities and Threats; strengths and weaknesses are considered internal influences while opportunities and threats are considered external.
    https://www.mindtools.com/pages/article/newTMC_05.htm
  • Bill Gates Management Theory

    Bill Gates Management Theory
    BIll Gates has 9 Aspects outlined that attribute to his management style.
    - Create the correct culture
    - Develop a Clear Vision
    - Hire Action-oriented employees
    - Relax and feel at home
    - Image is everything
    - Success may be built on failure
    - Keep the team on it's toes
    - Ruthlessly protect your budget
    - Stop the mad bureaucracy
    https://futureofworking.com/9-bill-gates-leadership-style-traits-skills-and-qualities/