A look into the original men

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Management Theorists

• A look into the original men women of management

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Table of Contents

• Introduction What is Management? Theorists?
• A History, The Engineer as Economist
• A History, Moral Sentiments
• A History, Psych. And Ind. Efficiency
• A History, The Power of Group Insight
• A History, The Truth About Hawthorne
• Conclusion The Importance of Management
  Theories
• Works Cited

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What is Management? Theorists?

• Management is about deciding how to best use a
  businesss resources to produce the most goods
  and services while using the least amount of
  capital resources such as money and goods.
• Management theorists are men and women who create
  theories on management which, for the most part,
  are a part of all businesses, either in todays
  management world or in the past.

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________ A History

• Philadelphia
• 1844-1924
• Honorary Masters Degree from the University of
  Pennsylvania Mechanical Engineering
• Dealt with engines in monitors for the U.S. Navy
• Formed the Yale and Towne Manufacturing Company
  with Linus Yale, Jr. in Stamford, Connecticut.
• The Engineer as Economist

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_______ The Engineer as Economist

• _____ was both an Engineer and a Manager of his
  own company.
• The Engineer as Economist Using knowledge of
  engineering along with people-skills,
  organization, and true love of economy to become
  a great manager.
• Todays engineers use the theory to manage new,
  high-tech companies.

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_______ A History

• 1723-1790
• Scottish Moral Philosopher
• University of Glasgow and Oxford
• Collaborated with David Hume
• Wrote The Theory of Moral Sentiments

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________ Moral Sentiment

• Theory of Moral Sentiment Having Morals, along
  with the love of oneself and competition, will
  provide a manager with a prosperous economic
  field.
• Today, many business managers do have
  self-confidence and they also practice
  competition. Without these two combined with
  morals, it would be very difficult to survive in
  the cut-throat business world of the new
  millennium.

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_________ A History

• 1863-1916
• German-American Psychologist
• Ph.D. in Psychology, 1887
• Psychology and Industrial Efficiency, 1913

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_________ Psychology in the Industry

• Believed that the worker should match the job. If
  successful with the match, the worker would get
  his/her job done with all-around efficiency.
• Psychological examinations of real workers.
• Ties in with Maslows Hierarchy of Needs
• The theory is used today because more managers
  are concerned with the mental and physical
  well-being of their workers.

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• 1868-1933
• Advocate of employee empowerment
• Began her quest for humanity in Massachusetts as
  a social worker.
• Quaker
• The power of the GROUP

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_____ The Power of Group Insight

• _______ believed in the power of a group. She
  believed that managers should interact and work
  with their subordinates, instead of giving them
  orders.
• Today, there is more group thinking.
• Example Google encourages newer workers to
  contribute their ideas during round-table
  discussions so that old and new ideas can meld
  together.

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_______________

• 1926-2007
• Professor at Averett College in Virginia
• Canadian
• Served in the U.S. Army in WWII and the Korean
  War
• Glass Cutter and ATT worker for 35 years.
• Wrote Dissertation with interviews from the test
  participants from the Hawthorne Experiment

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___________ Hawthorne Tests

• Conducted interviews of the surviving test people
  of the infamous Hawthorne Tests, which showed
  that workers surroundings affect their work.
• Cast doubts on the official testing, provided new
  insight.
• Today, it shows managers that not every worker
  will always be satisfied.

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The Importance of Management Theories

• Management Theories play a very important role in
  the production of successful businesses. Without
  the insight of past businessmen and women,
  psychologists and social workers, no business
  would be as successful as it is today.

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Works Cited