Management Theories:Scientific Management TheoryKnowledge ManagementServant LeadershipTransactional LeadershipTransformational LeadershipFor this discussion, you'll assess your understanding of two of the management theories above. The goal is to share details of the theories and then apply them to a business in a specific industry. Elaborate on how you think these new strategies would benefit a business you were managing. Pick 2 theories from this past lesson. Share 3-5 key points for each theory. Make sure the key points are well-thought out and specific to your industry. Think of an industry you're in or would like to be in. Be creative if you'd like. Name a current weak spot or area for improvement you find in the current industry landscape. Provide ways on how this theory help with managing change and creating innovation.

In today's rapidly evolving healthcare landscape, the pursuit of excellence in patient care and…

Answered: Management Theories: Scientific…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Management Theories:

Scientific Management Theory
Knowledge Management
Servant Leadership
Transactional Leadership
Transformational Leadership

For this discussion, you'll assess your understanding of two of the management theories above. The goal is to share details of the theories and then apply them to a business in a specific industry. Elaborate on how you think these new strategies would benefit a business you were managing.

Pick 2 theories from this past lesson. Share 3-5 key points for each theory. Make sure the key points are well-thought out and specific to your industry.
Think of an industry you're in or would like to be in. Be creative if you'd like. Name a current weak spot or area for improvement you find in the current industry landscape.
Provide ways on how this theory help with managing change and creating innovation.

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