10 Management Theory Taxonomy

10 Management Theory Taxonomy - Management Theory Taxonomy...

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Management Theory Taxonomy 1 Running head: MANAGEMENT THEORY TAXONOMY MANAGEMENT THEORY TAXONOMY SHRANDA Y. CALDWELL Grand Canyon University MGT 301-Principles of Management December 4, 2009
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Management Theory Taxonomy 2 Management Theory Taxonomy Management is one of the hottest topics in the economy to date. This project will describe 10 different management theories, their authors, and significances. Theory Name Author of Theory Description of Theory Theory X & Theory Y Douglas McGregor an American social psychologist. Theory X states that we, as human beings, dislike work and will try anything to avoid it at all cost and desire job security. We also have to be threatened by employers to work hard and don’t like responsibility. Theory Y is just opposite, it depicts a human being working as simply as regular everyday life. This particular person would enjoy work and would need little or no supervision, and would seek responsibility and go out of their way to help the company. Just-in-Time Philosophy Taiichi Ohno Japanese engineer for Toyota. Just-in-time philosophy (JIT) basically cuts waste by supplying parts only when the assembly line is in need of them. JIT requires precision, as the right parts must arrive “just in time” at the right position. Human Capital
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This note was uploaded on 03/18/2011 for the course MGMT 301 taught by Professor Mcmilliam during the Spring '11 term at Grand Canyon.

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10 Management Theory Taxonomy - Management Theory Taxonomy...

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