-
Period: to
Bus 380 Principles of Management
-
F. W. Taylor Principles of Scientific Management
F. W. Taylor was the first person to add the scientific theories to the principles of business management. Taylor's scientific management had four principles, and his theories were the beginning of business management and they gave him the title, “father of scientific management.” Feiss, R. A. (1924). The life of Frederick W. Taylor. [Review]. Harvard Business Review, 385-88. -
Henry Ford - Impowers Employees to become customers
Henry Ford introduces a system that gives the workers almost double in pay and shortens the work day the only 8 hours,These changes allowed Ford employees to become Ford customers, and that is what created a strong culture amongst all the employees. Wernle, B. (2013). Looking at Henry Ford the man. Automotive News, 87(6555), 12 -
Henri Fayol - Administration Industrielle et general
Henri Fayol published his own theories of organization chains of command, separation of functions, and the importance of planning. This specific theory included 6 functions of management and 14 principles of management. Fayol had a background that included engineering, and all of his theories had a scientific approach to the business principles of management. (Jones pg.46-47) -
The Hawthorne Studies
The Hawthorne Studies were done by the Western Electric company at the Hawthorne plant in the 1920's. They found two things 1) the experimenter effect and 2)social effect.The experimenter was that the workers thought the management cared when they made changes. The social effect was that the employees increased productivity when given their own space and given special treamtent. Porter,C.(2012).The Hawthorne effect today.Industrial Management, -
The Great Depression
When The Great Depression started as the stock prices plummeted with no hope of recovery, panic struck. Masses and masses of people tried to sell their stock, but no one was buying. The stock market, which had appeared to be the surest way to become rich, quickly became the path to bankruptcy.
http://history1900s.about.com/od/1930s/p/greatdepression.htm -
The Mother of Management
Mary Parker Follett attained the nickname, "mother of management," because of her great writings about the way managers should treat employees. She believed employees should be given some freedom in the way they perform their tasks and some input on how a task is best performed.
(Jones, pg. 51). -
John Keynes - The General Theory of Employment, Interst and Money
"A Theory" published by John Maynard Keynes made a point that in times of crisis the state must intervene to create jobs and demand. The theory said that managers wouldn’t be able to handle these responsibilities, and it was the government’s job to ensure these vital factors remained strong. Harvard business Review (2012 ). Great moments in management . Retrieved from http://hbr.org/2012/11/great-moments-in-management -
Dale Carnegie - Winning Friends and Inlfuencing People
Carnegie published a book that taught people how to employ self management techniques. His theories were used by managers to make their organizations run more smoothly and help build better relationships with thier employees. Harvard business Review (2012). Great moments in management. Retrieved from http://hbr.org/2012/11/great-moments-in-management -
Dave Packard and Bill Hewlett's "HP Way"
The "HP Way" was based on several different guiding priciples. One was a policy of long-term employment, and in the past HP went to great lengths not to lay off workers, so they would decrease pay to keep all workers and shorten the work day. They strengthened employees' trust and innovation when it came towrds the organization. (Jones 54-55). -
Science Management Theory
Management Sience Theory is a contemporary approach to management that focused on the use of rigorous quantative techniques to help managers make maximum use of orhganizational resources to produce goods and services. It is basically a stem off of Taylor's branch. (Jones, 2014, p.55) -
Maslows Hierachy of Needs
Abraham Maslow used his own motivation to see what motivates others and their needs. He published his actual theory in a journal article titled, “A Theory of Human Motivation.” His hierarchy from least to the most important was; physiology, safety, love/belonging, esteem, and self-actualization. Berl, R. L., Williamson, N. C., & Powell, T. (1984). Industrial Salesforce Motivation: A Critique and Test of Maslow's Hierarchy of Need. Journal Of Personal Selling & Sales Management, 4(1), 33-39. -
Founding of the International Organization for Stardardization
The founding of the International Organization of Standardization otherwise known as ISO is the international standard-setting body made up of representatives from various national standards organizations. It created the IS0 8402:1994 which standardized a management approach of an organization centered on quality. Based on the participation from all of its members and sought long term success through the customer satisfaction and all of the benefits recieved by all members of the organization. -
Elliot Jaques - The Changing Culture of the Factory
The Changing Culture of a Factory was published and it suggested that managers should be measured from their long-term impacts of their decisions, a theory based on long term organizational psychology rather than their short term accomplishments. Harvard business Review (2012 ). Great moments in management . http://hbr.org/2012/11/great-moments-in-manageme -
Peter Drucker - The Man of Management1 Jan 1954
Drucker published, “The Practice of Management”, that notes the 5 basic roles of managers, What is our business and what should it be?is the first question to deal with organizational structure. It also says that organizations should be structured to look a specific time periods; 5, 10, 15 years. Harvard business Review (2012 ). Great moments in management. .http://hbr.org/2012/11/great-moments-in-management -
Theory X and Theory Y
Many studies after WWII showed how assumptions about workers' attitudes and behavior affect managers' behavior. The theory x and y were developed by Douglas McGregor not only knew how they affected the mnagers' behavior but also affect how they behave on organizations. Theory X - the average worker is lazy, dislikes work, and will try to do as little as possible. Theory Y- workers are not inherently lazy, don't dislike work, and will do whatever is best for organization (Jones 53-55). -
Blake and Mouton's Management Grid
Robert Blake and Jane Mouton developed their management grid model that judged the management styles and their relations. Their Grid has two branches; "Concern for people" and "Concern for task.” The notion is that just two dimensions can describe a managerial behavior. The model they developed was known for how simply and easy it was. Harvard business Review (2012 ). Great moments in management . Retrieved from http://hbr.org/2012/11/great-moments-in-management -
The Contingency Theory
The Contingency Theory was developed by Tom Burns, G.M. Stalker, Paul Lawrence, and Jay Lorsch, that had a simple message that there is no one best way to organize a company. The organizational structures and the control systems that managers choose to depend on characteristics of the external environment. (Jones, pg. 57-58) -
Project Management Institute or (PMI)
The Project Management Institute (PMI) was created to give a range of services to the Project Management profession. That include; development of standards, research, education, publication, networking-opportunities in local chapters, hosting conferences and training seminars, and maintaining multiple credentials in project management. PMI now has many members and affects many trends in management. -
Tom Gilbert - Human Competence: Engineering Worthy Performance
Tom Gilbert publishes “Human Competence: Engineering Worthy Performance” It outlined his behavioral-engineering model. It asserts that accomplishment specification is the only way to define performance requirements and accomplishments are the best tools for the development of performance-based job descriptions. Harvard business Review (2012 ). Great moments in management. http://hbr.org/2012/11/great-moments-in-management -
Porter's Five Forces Model
Michael Porter had his five forces analysis “How Competive Forces Shape Strategy” His work becomes the framework for industry analysis and business strategy development. Potential Entrants, Suppliers, Buyers, Substitutes, and Industry Competition are the five forces that he thought were the best aspects in developing business strategy and industry analysis. Porter, M. E. (2008). THE FIVE COMPETITIVE FORCES THAT SHAPE STRATEGY. Harvard Business Review, 86(1), 78-93. -
Hofstedes Five Dimensions Theory
Geert Hofstede came up with his own “cultural dimensions theory” which is the framework for cross-cultural comparison. the effects of society's culture has an impact on members and shows the values of members in their organization.It includes five dimensions. Blodgett, J., Bakir, A.,& Rose G.(2008). A Test of the Validity of Hofstede's Cultural Framework. Advances In Consumer Research, 35762-763. -
Senge's Five Disciplines
Peter Senge published, “The Fifth Discipline: The Art and Practice of the Learning Organization”, focused on group problem solving that used systems thinking method to create learning organizations. Personal Mastery, Mental Models, Shared Vision, Team Learning, and Systems Think were the 5 disciplines. Elkin, G., Haina, Z., & Cone, M. (2011). The AcceptanceofSenge'sLearningOrganisationModelamong Managers in China:AnInterview Study.InternationalJournalOf Management,28(4), 354-364. -
Total Quality Management or (TQM)
Total quality management (TQM) is organization-wide effort to install and make a permanent a climate in which it always improve its ability to deliver high-quality products and services to the customers. It developed during the late 1980s and early 1990s in the US and Europe before being overshadowed by Lean manufacturing and Six Sigma. TQM required a specific management system to ensure lean production. http://asq.org/learn-about-quality/total-quality-management/overview/overview.html -
The Family and Medical Leave Act
The Family and Medical Leave Acte requires that employers provide 12 weeks of unpaid leave for medical and family reasons, including paternity and illness of a family member. This act is one of the major equal employment oppurtunity laws affecting human resources management.
(Jones, pg 137). -
Goldratt's Critical Chain Project Management
Goldratts' Critical chainCritical Chain Project Management (CCPM) is a methodology for planning, executing and managing projects in single and multi-project environments. Critical Chain Project Management was developed by Dr Eli Goldratt and was first introduced to the market in his Theory of Constraints book “Critical Chain” in 1997. It was a response to many projects that were dumped on or failed.