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 ...

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 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 you’re starting a new business or looking to make changes to your existing business, it can be hard to figure out your management style. It may seem difficult and other tasks may feel more ...

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 ...