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

Peter Drucker is world-renowned for his innovative thinking in the ways of business management. His work turned management theory into a serious discipline among sociologists and he participated in ...

The Theory X and Theory Y management styles were introduced by Douglas McGregor in his 1960 book, "The Human Side of Enterprise." He identified two distinct approaches to management and labeled them ...

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 ...

Max Weber, a German sociologist, believed bureaucracy was the most efficient way to run both private businesses and public institutions. His ideas shaped how many businesses and government agencies ...