Progression of Management

By workingerej19

  • End of Agricultural Era

    Farmers decreased as mass production and major companies increased.

  • Start of the Industrial Revolution

    Industrialization marked a shift to powered, special-purpose machinery, factories and mass production.

  • Interstate Commerce Act

    United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices.

  • Sherman Anti-Trust Act

    The first Federal act that outlawed monopolistic business practices.

  • Monopolies

    The exclusive possession or control of the supply of or trade in a commodity or service

  • Fredrick W. Taylor

    Father of Scientific Management and efficient workflow.

  • Scientific Management

    Scientific management is a theory of management that analyzes and synthesizes workflows. Its main objective is improving economic efficiency, especially labor productivity.

  • Hawthorne Studies of Productivity

    The Hawthorne studies were part of a refocus on managerial strategy incorporating the socio-psychological aspects of human behavior in organizations.

  • Maslow's Hierarchy of Needs

    Maslow's hierarchy of needs is a motivational theory in psychology comprising a five-tier model of human needs, often depicted as hierarchical levels within a pyramid.

  • Centralization

    The concentration of control of an activity or organization under a single authority. Decentralization would be the opposite.

  • Total Quality Management

    A system of management based on the principle that every staff member must be committed to maintaining high standards of work in every aspect of a company's operations. Including Deming's 14 points.

  • Theory Y

    Theory Y managers assume employees are internally motivated, enjoy their job, and work to better themselves without a direct reward in return.

  • Theory X

    This management style assumes that the typical worker has little ambition, avoids responsibility, and is individual-goal oriented.

  • Theory Z

    An approach to management based upon a combination of American and Japanese management philosophies and characterized by, among other things, long-term job security, consensual decision making, slow evaluation and promotion procedures, and individual responsibility within a group context.