MGTA01H3 Lecture Notes - Hawthorne Effect, Theory X And Theory Y, Absenteeism
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MGTA01H3 Full Course Notes
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6 theories and experiments: classical theory, scientific management, hawthorn experiments, theory x and theory y, maslow: hierarchy of needs, herzberg: two factor theory. Natural resources- if neglected, abused or wasted, the cost is finite. Capital- if neglected, abused, or wasted, the cost is finite. Human resources- if neglected abused or wasted. They may stop working hard: classical theory. This is wrong because there are a lot of jobs where the managers are really bad but they pay a lot and workers will still not work for them: scientific management. A book that was written by frederick taylor. Taylor was a n efficiency expert and his goal was to increase output. Develop best way to perform a job. How: perform time and motion studies, break job into simple separate tasks, introduce specialization and repetition, remove inefficiencies and wasted time, productivity should increase. What was the effect in henry fords plan: it shot up for a while but then dropped.