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Changed the way people worked in a business. Switched over to machine manufacturing rather than hand-made. -
Adam Smith thought that there would be increased productivity if business owners’ increased their employee’s skills and dexterity. -
A theory of management that analyzes and synthesizes workflow. -
The term Chief executive officer came around 1917 when modern managerial form of corporate business was established. -
The Hawthorne studies showed that workers' performance is more based on social issues and job satisfaction than working conditions and monetary compensation. -
The hierarchy of needs was Maslow's grouping and ordering of physical, security, social, status, and self-fulfillment needs. This implied that managers would have to prioritize what was needed first and how each position has it own level of wants and needs. -
His book gives managers 5 key roles.
Setting Objectives and Planning
Organizing the Group
Motivating and Communicating
Measuring Performance
Developing People (including himself or herself) -
A list of factors modeled after Maslow’s hierarchy of needs, but more in line with work. -
This theory suggests that workers productivity is based on how well a leader controls these three things, group atmosphere, task structure, and how much power the leader holds. -
The main focus was motivation but it was popularized by Daniel Pink when he wrote his book; Drive : The Suprising Truth of What Motivates Us.