MGMT 3101 Lecture Notes - Lecture 3: Mary Parker Follett, Corporate Social Responsibility, Theory X And Theory Y

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18 Feb 2018
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Mary parker follett: one of the extremely limited number of women in management, tried to prove her point which was, that people are motivated to work even if they don"t need to. Theory x: people by nature cannot be trusted, people are lazy and need to be punished. Theory y: do all the companies follow theory y, depends who is on top, but most companies want to implement theory y, creates positive organizational behavior. Investing into personal growth of the workers: ex: if a company pays for its employees to go back to school to get a degree. Social capital: people need to know each other better in order to work better, ex: social events. Contingency approach: managers and companies need to be flexible, this is called utilizing contingency approach. Internship: participation in professional extracurricular experience, extra coursework (international business, certifications or professional, study abroad experience.

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