1. Henri Fayol's Principles of Management (1916)
- 14 Principles of Management: Unity of command, authority and responsibility, division of labor, unity of direction, subordination of individual interests to the general interest, esprit de corps, scalar chain, order, equity, stability of tenure, initiative, fair remuneration, centralization, authority and responsibility.
- 5 Functions of Management: Planning, organizing, commanding, coordinating, controlling.
2. Frederick Taylor's Scientific Management Theory (1911)
- 4 Principles of Scientific Management: Replace rule of thumb with science, train workers scientifically, cooperate with workers to ensure fair work, divide work almost equally between managers and workers.
- Emphasis on: Efficiency, time and motion studies, standardization of work, worker selection and training.
3. Max Weber's Bureaucracy Theory (1922)
- Characteristics of Bureaucracy: Hierarchical structure, division of labor, formal rules and procedures, impersonality, merit-based promotion.
- Advantages: Efficiency, clarity, accountability, consistency.
4. Chester Barnard's Acceptance Theory of Authority (1938)
- Authority is not only granted but also accepted by subordinates.
- Conditions for Acceptance of Authority: Understanding the purpose of the order, belief that it is consistent with one's objectives, ability to comply, belief that it is fair.
5. Douglas McGregor's Theory X and Theory Y (1960)
- Theory X: Assumes workers are lazy, dislike work, and need to be controlled.
- Theory Y: Assumes workers are self-motivated, enjoy work, and can be trusted with responsibility.
6. William Ouchi's Theory Z (1981)
- Characteristics of Japanese Management: Long-term employment, collective decision-making, individual responsibility, slow evaluation and promotion, holistic approach to workers.
- Key Principles: Trust, involvement, commitment, consensus.
7. Peter Drucker's Five Functions of Management (1998)
- Functions: Planning, organizing, motivating and communicating, measuring, developing people.
- Emphasis: Achieving desired results effectively and efficiently.
8. Henry Mintzberg's Managerial Roles Theory (1973)
- 10 Managerial Roles: Figurehead, leader, liaison, monitor, disseminator, spokesperson, entrepreneur, disturbance handler, resource allocator, negotiator.
- Categorization: Interpersonal roles, informational roles, decisional roles.
9. Robert Katz's Skills Model (1955)
- Three Essential Skills for Managers: Technical skills, human skills, conceptual skills.
- Importance: Managers need a combination of all three skills to be successful.
10. Victor Vroom's Expectancy Theory (1964)
- Motivation is influenced by three factors: Expectancy, instrumentality, and valence.
- Expectancy: Belief that effort will lead to performance.
- Instrumentality: Belief that performance will lead to rewards.
- Valence: Value of the rewards to the individual.