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

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 ...

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 ...

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 ...

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 ...

This guide to Peter Drucker's management theory explains its basic concept and how to apply it to your small business. Peter Drucker was an influential Austrian-American author, mentor and consultant ...