Joseph Juran was a pioneer in the study of quality control for industries like math and science. Learn how to apply his ...

Explore P.F. Drucker's management theory: decentralized leadership, management by objectives, knowledge worker and more foundational concepts.

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 ...

Organizational theory is the study of the structures of organizations. Four major theories contribute to this study – classical organizational theory, human relations or neo-classical theory, ...

Henri Fayol’s management theory – the foundation of administrative management – offers a timeless framework of 14 principles that continue to shape business leadership today. This foundational model ...