Management Theories

Identify the founding theorists of management and then discuss the major schools of thought under which their theories can be classified. The founding theorists of management are Frederick Taylor, Max Weber, Henri Fayol and Mary Parker Follett. Taylor’s theory is classified under Scientific Management, and he was known as “the father of scientific management”. Scientific […]

General Management Theories: There are four general management theories. 1. Frederick Taylor – Theory of Scientific Management. 2. Henri Fayol – Administrative Management Theory. 3. Max Weber – Bureaucratic Theory of Management. 4. Elton Mayo – Behavioral Theory of Management (Hawthorne Effect). 1. Frederick Taylor’s Theory of Scientific Management. Taylor’s theory of scientific management aimed […]