the last couple of centuries and there have been a number of different theories into the best way it can be done. This essay will give some background knowledge into those theories but will primarily focus on McGregor’s development of his Theory X and Theory Y‚ incorporating how they evolved‚ what they are and how relevant they are to managers of the 21st century. The aim of this piece is to gain a better understanding of the theories of management developed by McGregor and how/if they are still being
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Theory X and Theory Y From Wikipedia‚ the free encyclopedia This article may require copy editing for grammar‚ style‚ cohesion‚ tone‚ or spelling. You can assist by editing it. (October 2014) Theory X and Theory Y are theories of human motivation‚ created and developed by Douglas McGregor at the MIT Sloan School of Management in the 1960s‚ that have been used in human resource management‚ organizational behavior‚ organizational communication and organizational development. They describe two contrasting
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Demographers have named the different generations around today as Veterans‚ Baby Boomers‚ Generation X‚ Generation Y and Generation Z.Here I’ve tried to analyze Gen X & Gen Y. GEN X The moniker Generation X was coined by Douglas Coupland‚ who chose the unknown variable “X” to describe a generation that defies definition.Members of Generation X are largely in their 30’s and early 40’s. On the whole‚ they are more ethnically diverse and
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Theory X and Theory Y Douglas McGregor (1906 - 1964) is one of the forefathers of management theory and one of the top business thinkers of all time. He was a social psychologist who became the President of Antioch College. He later became a professor of management at Massachusetts Institute of Technology (he was succeeded by Warren Bennis). His book The Human Side of Enterprise (1960) had a profound influence on the management field‚ largely due to his Theory X and Theory Y. McGregor developed
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Theory X and Theory Y Understanding Team Member Motivation What motivates employees to go to work each morning? Many people get great satisfaction from their work and take great pride in it; Others may view it as a burden‚ and simply work to survive. This question of motivation has been studied by management theorists and social psychologists for decades‚ in attempts to identify successful approaches to management. Social psychologist Douglas McGregor of MIT expounded two contrasting theories
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Theory X and Theory Y After World War II there were several studies performed that ultimately revealed how assumptions about workers’ attitudes and behaviors affect managers’ behavior. In the 1960s one of the most influential approaches was created and developed by Douglas McGregor at the MIT Sloan School Of Management. He proposed two sets of assumptions about how work attitudes and behaviors not only dominate the way mangers think but also affect how they behave in organizations. He named these
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Gregor’s Theory X and Y Before explaining Gregor’s theory X and Y‚let me introduce you to motivation. Motivation internal and external factors that stimulate desire and energy in people to be continually interested and committed to a job‚ role or subject‚ or to make an effort to attain a goal. In other words motivation is the process by which a person’s effort are energized‚directed and sustained toward attaining a goal. In an organization‚ managers need to be ale able to motivate employees
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DOUGLAS MCGREGOR FLOW • PROFILE • WHY NOW ? .. • WORKS INTRO HIS STUDY • THEORY-X • THEORY-Y CONCLUSION • RELEVANCE • APPLICATIONS PROFILE-DOUGLAS MC GREGOR (1906-1964) He graduated Wayne State University PHD in Experimental Psychology(Harvard) He was Born Published his Theory of X & Y in the book “Human Side of Enterprise” Death 1906 1932 1935 1960 1964 HIS WORKS • Douglas Mc Gregor is one of the forefathers of contemporary management thinking over
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evolution of McGregor’s Theory X and Theory Y in relation to the development of management theory. Moreover will be explaining the definition of X and Y theory and its relevance to 21st century. McGregor proposed two contrasting sets of managerial assumptions about the workers. He further examined taking Taylor’s traditional view of workers and Mayo’s human relation approach into consideration‚ which he labelled Taylor’s view as ‘Theory X’ and as Mayo’s view as ‘Theory Y’ (Montana and Charnov 2000
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2‚000 2‚100 2‚200 1.60 1.00 0.07 0.05 Asset X Value Beginning 20‚000 22‚000 21‚000 24‚000 22‚000 23‚000 26‚000 25‚000 24‚000 27‚000 Ending 22‚000 21‚000 24‚000 22‚000 23‚000 26‚000 25‚000 24‚000 27‚000 30‚000 Beta (X) Beta (Y) Risk Free Rate EMPR a. Calculate the annual rate of return for each asset in each of the 10 preceding years‚ and use those v the average annual return for each asset over the 10-year period. Return (X) Return (Y) 15.00% 2.27% 20.95% -1.25% 13.18% 20.00% 2.69% 4
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