Sentences with phrase «management theorists»
The phrase "management theorists" refers to people who study and develop ideas or theories about organizing and leading people in a business or organization. They explore concepts and provide advice on how to effectively manage resources, make decisions, motivate employees, and achieve goals. Full definition
Instead, they only produce what renowned management theorist Eli Goldratt called local efficiency: an improvement to a part of a workflow that doesn't translate to an improvement in the business overall.
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While the idea of salary transparency has been a recent hot topic among management theorists and the career resource site Glassdoor shares user - submitted salary averages, there is no rush among companies to adopt the approach.
But every couple of decades, a new generation of management theorists comes along and applies the latest and greatest scientific paradigms to the corporation.
According to Harvard management theorist Rob Austin — who is also my brother — it is much the same way in the business world.
As management theorist Robert Austin wrote in Science Careers in 2006, «The objectives of principal and agent are thus diametrically opposed: The agent wants to be paid as much as possible for doing as little work as possible, whereas the principal wants to get as much work as possible from the agent while paying as little as possible.»
A highly influential management theorist, Argyris was widely regarded as the father of organizational learning.
Peter Drucker, perhaps the most esteemed management theorist in all of modern business, explains why in his book Management Challenges for the 21st Century:
The renowned management theorist Douglas McGregor wrote about it in a 1957 Harvard Business Review article.
I'm not suggesting that management theorists and economists were personally corrupt.
This view is grounded in the argument advanced by Peter Drucker, the management theorist, that business firms should not decide public issues that are beyond their competence.
Management theorist and corporate guru Tom Peters, in the well - titled book Thriving on Chaos, argues that leaders who do not engage in daily public acts of «bureaucracy bashing» are neither doing their job nor displaying loyalty to the corporation.