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Peter Ferdinand Drucker ( / ˈdrʌkər /; German: [ˈdʀʊkɐ]; November 19, 1909 – November 11, 2005) was an Austrian American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of modern management theory. He was also a leader in the development of management education, and ...
Capitalism portal. Business portal. v. t. e. Modern monetary theory or modern money theory ( MMT) is a heterodox [ 1] macroeconomic theory that describes currency as a public monopoly and unemployment as evidence that a currency monopolist is overly restricting the supply of the financial assets needed to pay taxes and satisfy savings desires ...
Scientific management is a theory of management that analyzes and synthesizes workflows. Its main objective is improving economic efficiency, especially labor productivity. It was one of the earliest attempts to apply science to the engineering of processes to management. Scientific management is sometimes known as Taylorism after its pioneer ...
Henri Fayol. Henri Fayol (29 July 1841 – 19 November 1925) was a French mining engineer, mining executive, author and director of mines who developed a general theory of business administration that is often called Fayolism. [ 2] He and his colleagues developed this theory independently of scientific management but roughly contemporaneously.
Management involves identifying the mission, objective, procedures, rules and manipulation [ 11] of the human capital of an enterprise to contribute to the success of the enterprise. [ 12] Scholars have focused on the management of individual, [ 13] organizational, [ 14] and inter-organizational relationships.
LC Class. HD31 .B36. The Functions of the Executive is a book by Chester I. Barnard (1886–1961) that presents a "theory of cooperation and organization " and "a study of the functions and of the methods of operation of executives in formal organizations." [1] : xi–xii It was originally published in 1938; a Thirtieth Anniversary edition ...
Jeffrey Pfeffer. Jeffrey Pfeffer (born July 23, 1946, St. Louis, Missouri) is an American business theorist and the Thomas D. Dee II Professor of Organizational Behavior at the Graduate School of Business, Stanford University, and is considered one of today's most influential management thinkers. [ 1][ 2]
Stakeholder theory. The stakeholder theory is a theory of organizational management and business ethics that accounts for multiple constituencies impacted by business entities like employees, suppliers, local communities, creditors, and others. [ 1] It addresses morals and values in managing an organization, such as those related to corporate ...