Chapter Two: Theories of management – as easy as XYZ
There are probably as many theories of management as there are managers in the world. However, there are a few that have withstood the test of time and are still commonly used and taught at management schools worldwide. Many, especially those dating back to the middle of the twentieth century, are based on the fundamentals of human need and behaviour. After all, management is about controlling and leading, so a clear understanding of human behaviour is essential.
The Hierarchy of Needs
One of the oldest and best known theories of management is Maslow’s Hierarchy of Needs. Abraham Maslow was a psychologist working on human motivation and in his book Motivation and Personality, published in 1954, ...