Learn how Henri Fayol’s management theory shaped administrative principles still used by modern businesses. Explore all 14 ...

Max Weber, a German sociologist, argued that bureaucracy was the most efficient model for private businesses and public offices. His theories influenced generations of business leaders and politicians ...

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 ...

The evolution of industries and technology over the past century has been momentous. We could never have imagined the way our lives would look now back in the early 1900s. However, the ideas and ...

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 ...

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 ...

Learn how Frank and Lillian Gilbreth’s management theory revolutionized workplace efficiency through motion study and standardization.