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

People who create management theories rely upon observation and mathematics in order to construct a model for business activities. Management practice relies upon case studies and the individual ...

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 ...

Explore Charles Handy’s management theory and how his four workplace cultures shape leadership, motivation and company ...

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 ...

Max Weber, a German sociologist, argued that bureaucracy was the most efficient model for private businesses and public offices. His theories influenced generations of business leaders and politicians ...

Henri Fayol’s management theory – the foundation of administrative management – offers a timeless framework of 14 principles that continue to shape business leadership today. This foundational model ...

One would think a fundamental tenet of management would be to treat all employees completely, fairly, and evenhandedly. Which it is in theory. But like many aspects of management, theory and practice ...