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Andrew Carnegie
Carnegie is the founder of the Carnegie Steel Company. He created a new production method that drastically reduced production costs. His company performed all of task involved in the steel making process, instead of using several different companies for each task. This saved lots of production costs. (Jones,George, 2014 -
Mary Parker Follett
Follett was an early managment thinker, who beleived that workers should have more power and control. She believed that the workers themselves are the most knowledgable about their jobs, and that managers should allow them to do their job and just act as facilitators for them. (Jones, George, 2014) -
Peter Drucker
Considered the "founder of modern managment". Drucker was a manament consultant, and well known author. His writings and teaching help form a quideline for modern managment practices.
(Bloomberg, 2005) -
Frederick Winslow Taylor "Principals of Scientifc Managment"
Winslow published the 'Principals of Scientifc managment", which described a program he designed to increase worker efficiency. This program was designed to increase worker efficiency, by setting specific standards that workers had to meet to keep their job. (Taylor, 2004) -
Henry Ford
henry Ford built up the Ford Automtive comany. He lead his managers and developed the conveyor belt and revlotutionized manufacturing. He also developed a new approach to managing and motivating his employees by reduced the length of the work day, and increased their pay. This in turn motivated emplyees to work harder. (Jones, George, 2014) -
Frank Bunker Gibreth
Considered the father of managment enginerring. He is kown for his work with Frederick Taylor. He had the idea of making operations mre efficient by using less motions in the production process. (ASME, 2015) -
Henri Fayol
Fayol was a manager of a French mining company. He turned the struggling company into a highly succesful comany by using five key managment principals that he came up with. They included planning, organizing, coordinating, and commanding and controlling. He is considered the founder of "the administration school of managment". (Jones, George, 2014) -
Human Relations Approach
Elton Mayo developed the human relations approach. This approach focuses on the importance of personal relationships and human interactions that occur in the workplace. (Historical and Contemporary Theories of Managment, 2015) -
Alfred P. Sloan
Sloan became the president of GM. He built up GM into one of the largest and most succesful companies in the world. He decentralized production allowing each product to hae its own division. He also centralized administration which lead to more succesful managment practices. (Biography, 2015) -
Hawthorne study
The Hawthorne studies (1927-1932), were designed to test the effects that different levels of light had on productivity levels of a group of workers. The studies showed that light levels had no effect on productivity, but they observed that. (Jones, George, 2014) -
Bureaucratic Managment Theory
The bureaucratic managment Theory was developed by Max Weber in 1930. This theory entailed two parts, the first was the idea of structuring managent into a heirarcy. The second idea was to governt the organization and its employees by a set of decision making rules. (Jones, George, 2014) -
Fair Labor Standards Act
This Act prohibited child labor, and instilled minnimum wage, and overtime pay, and it also limited the amount of hours a worker could legally work. (Jones, George, 20140 -
Theory X
Theory x states that workers in general are lazy, and will try toavoid work and do as little as possible. This Theory shows that it is the managers job to do what they can to keep workers working at an efficient pace. (Jones,George, 2014) -
Theory Y
Theory Y states the opposite of theory X, it says that workers are not naturally lazy, and they will do as much as they can for the company. It also states that magers should allow more freedom for workers, and that they should decentralize authority to employees. (Jones, George, 2014) -
Contingency Theory
The Contingency theory is the idea that there is best way to design orgazational structures, and that it is best to design an orgazinational system that best fits a particular company. This idea is based on the idea that every comany is different. Designed by Fred E. Fiedler. (Jones, George, 2014) -
Organizational Environment Theory
The organizational environment, is the forces outside of the company that affect the companies resources and their ability to obtain them. These environmental factors affect a companies ability to produce good. This theory expalins the importance of a company to study both its internal and external environemnts. (Jones, George, 2014) -
Open Systems View
The open systems view was created by Daniel Katz, Robert Kahn, and James Thompson. This is a system that gathers resources from the external envirnment and makes them into goods and services, and in turn are sent back into the external environments and are purchased by cudtomers. (Jones, George, 2014) -
Chaos Theory
The Chaos Theory is a scientific ideal that describes the unpredictibility of systems. The theory is used in managment to observe organizational patterns that lead to certain behaviors and occurances in an organization. Helps to prepare a company for the unexpected and unpredictable. (Refences for Business, 2015) -
"14 Recommendations" W. Edwards Deming
Dr.W. wrote "out of the crisis" a book that inclued his 14 steps to improving managmet practices. He ran a managment consulting practice that was highy sucessful, and included clinets from all over the world. Well know for his teaching of managment techniques in japan. (Lean Expertise, 2015) -
SWOT Analysis
SWOT analysis is a planning tool to identify internal organizational strenghts and weaknesses. Strength, Weakness, opportunities, and threats (SWOT). Campbells soup is one f the first companies to use this planning method. (Jones, george, 2014)
