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3000 BCE
First Record of Management
According to a couple professionals the first records of business in the middle east were shown to have the first stages of business management. -
400 BCE
Socrates
Around 400 BC Socrates said that management was essential to success. This was showing the increase of importance management had. -
Scientific Managment
The first form of scientific management was developed by Frederick Winslow Taylor. This theory would be of great importance to improving economic efficiency. Although it has been modified it is still used today. -
Bureaucratic Management
Weber created bureaucratic management to provide for a management style that includes more of a controlled approach with a hierarchy of command. This is not the most used method today but it is used to to create the rules and standards of the business when it first starts. -
Administrative Management Theory
Fayol authored a book that provided for guidance to managers who did not use the scientific method. This theory included 14 principles meant to guide a manager to success. -
Maslow's Hierarchy of Needs
This theory was introduced by Maslow. It labels what every person needs in order of importance. This became greatly useful to businesses due to the fact that they could now better understand their employees. -
Total Quality Management (TQM)
This provided businesses with the idea of a customer focussed approach to management. With decisions made to benefit the company financially and benefit the workers this became a very popular idea that became widely used. -
Theories X and Y
Douglas Mcgregor introduced these two theories which have been very essential top businesses. Most businesses management follows either X or Y with few having a different style. -
Modern Management Theory
This theory created by Peter Drucker, promotes the idea that things are ever changing so businesses need to be able to adjust. It also focuses on the fact that employees work for more than just money allowing for better treatment and incentives offered to employees. -
Blended Learning
Blended learning offers up the idea of learning in person and online. Although this was originally made for schools many businesses have adopted this to increase efficiency of teaching their employees.