MGM101H5 Lecture Notes - Lecture 3: Henri Fayol, Hawthorne Effect, Elton Mayo

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6 Feb 2018
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MGM101H5 Full Course Notes
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MGM101H5 Full Course Notes
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So they know the expectations because if they don"t know them then they may not achieve them. Helps establish trust: on-boarding, have to work hard to keep communication, trust has to work both ways, set clear performance standards, process targets, managers need to hire workers that are reliable and hardworking. Affects hiring decisions: managing a team, a little different with a mobile team, create mechanisms, share practices, managers have to change with the changing conditions. Effective managers have a big toolkit to carry out responsibilities in different circumstances in order to create successful businesses. Major branches in the classical approach to management: classical approach (assumption:people are rational) Scienti c management (fredrick taylor: broke things into tasks to do in the most ef cient manner, broke it into a series of steps to save time, improved performance, ef ciency, and productivity. Administrative principles (henri fayol: 14 management principles, task and organizational side, would help the manager and organization become successful.

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