Simliarties between Henri Fayol’s management and Mary Parker folletts theory.

Understanding Business
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ISBN:9781259929434
Author:William Nickels
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Simliarties between Henri Fayol’s management and Mary Parker folletts theory.

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INTRODUCTION:

There are a variety of management theories that have been developed over the years. Each theory has its own strengths and weaknesses, and each has been applicable in different situations. 

Some are:

One of the earliest management theories is the scientific management theory, developed by Frederick Taylor in the early 20th century. This theory is based on the idea that there is a science to work, and that work can be analyzed and broken down into its component parts. By understanding the work process, managers can optimize it and increase efficiency. This theory is still used in many industries today, particularly in manufacturing and engineering.

Another theory is Theory X's assumption that employees are naturally lazy and will only work if they are forced to do so. Theory Y's assumptions are that employees are naturally motivated and will work hard if they are given the opportunity to do so.  

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