A popular saying holds that "the difference between theory and practice is that in theory there is no difference." This witticism is especially relevant to management theory because many managers ...

Joseph Juran was a pioneer in the study of quality control for industries like math and science. Learn how to apply his ...

Rebecca McClay has 10+ years of experience writing and editing content. Rebecca is an expert in personal finance, business, and financial markets. She received her master's in business journalism from ...

Classical and scientific management theories emphasize efficiency and task specialization through systematic study of workers ...

Whether they are motivating employees, making decisions, allocating resources or negotiating deals, managers are vital for business. Managers have been an integral factor for business success since ...

Widely regarded as one of the most influential management experts in the early days of classical management theory, Mary Parker Follett developed foundational concepts that redefine how organizations ...

The advent of Artificial Intelligence in the corporate world is disrupting existing business processes and changing the way organizations are run. AI is fast becoming a cornerstone of how businesses ...

Husband and wife Frank and Lillian Gilbreth pioneered scientific management principles that revolutionized how we think about workplace efficiency and human performance. Rather than accepting ...

This guide to Peter Drucker's management theory explains its basic concept and how to apply it to your small business. Peter Drucker was an influential Austrian-American author, mentor and consultant ...

Sixty years ago, social psychologist Douglas McGregor developed two different theories — Theory X and Theory Y — about how managers perceive employees. Theory X managers are authoritarian. They ...