Management

Theories & Theorists

• Fredrick W. Taylor

  Fredrick W. Taylor is known as the father of scientific management. His system of industrial management has influenced the development of virtually every county enjoying the benefits of modern industry.
• Maslow’s Hierarchy of Needs

  In this hierarchy, lower needs (described as “pre-potent” needs) typically must be met before higher needs emerge. Physiological needs are the most primary in this hierarchy.
• Two- Factory Theory

  The Two-Factor Theory, created by Fredrick Herzberg, is a theory of worker motivation, which hold that employee job satisfaction and job dissatisfaction are influenced by separate factors.
• John Maynard Keynes

  John Maynard Keynes was an english economist, journalist, and financier, who was best known for his economic theories and the causes of prolonged unemployment.
• Clement Juglar

  Clement Juglar was a French physician and economist who made detailed studies of cycles in business and trade
• Nikolay D. Kondratyev

  Nikolay D. Kondratyev was a Russian economist and statistician noted among Western economists for his analysis and theory of major business cycles- the so called Kondratieff waves.