Management Theory Flashcards
What is management
The process of coordinating and overseeing the work of others to achieve organisation goals efficiently and effectively- involves planning, organising, leading and controlling resources
What are the origins of management
Renaissance Italy - maneggiere
Industrial Revolution
Europe - menagement
Modern Era
What’s the timeline of management theory development
1916 - Fayols
1960 - mcgregor xy
1964 - Becker human capital
1966 - foxes frames of reference
1975 agency
1979 - lewin leadership styles
1989 -Rousseau psych contract
2003 - ADKAR change management
Explain Fayols principles
Proposed 14 principles
Eg division of work, authority, discipline and unity of command
What were the limitations of Fayols theory
Mechanistic
Assumes static environments
No account for human behaviour or conflict
What was Fayols contribution
Created framework to formalise managerial roles - this was crucial for transitioning small organisations to larger hierarchical
Key ideas of Foxes frames of reference 1966
Identified 3 perspectives in workplace relations
Unitary harmonious/conflict
Pluralist competing interests/conflict is inevitable and manageable
Radical Marxist systemic inequalities and power imbalances
What was Foxes contribution
Highlighted sociopolitical nature of organisations contrasting Fayols structural approach by emphasising different perceptions and stakeholder interests
What was Foxes impact on management
Managers consider diverse employee perspectives preparing way for theories that focus on psychological and motivational aspects
What were key ideas of mcgregors theory 1960
Theory x- assumes employees are lazy, dislike work and need constant supervision
Theory y- assumes employees are self motivated seek responsibility and are capable of innovation
What’s mcgregors contribution
Encouraged managers to reconsider their assumptions about employees and advocate for empowerment and participative decision making under theory y
Mcgregors impact on management
Laid groundwork for people orientated leadership styles influencing future motivation theories like Herzberg and maslow
Frederick Herzbergs theory
The Motivation to Work 1959
Bernard Mausner
Barbara Bloch Snyderman
Motivator Hygiene 2 factor
Motivator ensures job satisfaction
Lack of hygiene ensures job dissatisfaction
Maslows theory
Theory of hierarchical needs 1954
D set and b set 1943
Each must be met before one can level up
Self actualisation
Self esteem
Social
Safety
Physiological
What’s Beckers theory
Human capital 1964
Key ideas of beckers theory
Emphasised investment in employee skills and education to enhance organisation productivity and economic performance
Contribution of beckers human capital theory
Reframed employees as assets
Impact of beckers theory on management
Aligned with mcgregors emphasising employee potential and need for organisations to invest in workforce development
Rousseaus theory
1989
Psychological contract theory
Key ideas of Rousseau theory
Described the unwritten contract between employees and employers eg fairness job security
Impact of Rousseaus theory on management
Managers realised that Maintaining psychological contract was critical for engagement loyalty and retention complementing human centric of mcgregors and becker
Contribution of Rousseau theory
Emphasised trust, mutual respect and fairness
Lewin1979
Leadership styles
Transactional
Transformational
Servant