Articles: 1,432 · Readers: 748,000 · Views: 2,231,258 This short statement can be a meaningful summary of what Alderfer’s ERG Theory (Existence, Relatedness, Growth) is all about when it comes to motivation.
Posts published in “BUSINESS MANAGEMENT”
The Super Business Manager website is all about business. It provides business resources for better decision making. These business resources are especially useful for CEOs, directors, managers, business owners, investors, entrepreneurs, business teachers, business students and business journalists.
Several factors influence the choice of organizational structures, influencing how teams, departments, and decision-making power are arranged.
This short statement can be a meaningful summary of what Maslow’s Hierarchy of Needs and Wants is all about when it comes to motivation.
In the context of business, empowerment takes on a specific meaning focused on giving employees greater autonomy and control over their work.
This short statement can be a meaningful summary of what Taylor’s Scientific Management is all about when it comes to motivation.
William Whyte wrote a book called ‘The Organization Man’. He thought that ‘traditional organizations’ rewarded long service, obedience and loyalty.
So, the question is whether businesses ought to centralize or decentralize making important decisions in a firm. Here is a helpful breakdown.
Centralization and decentralization refer to the extent to which decision-making power is devolved in a business. Some companies are highly decentralized.
In business, productivity refers to how efficiently factors of production, or resources, are converted into outputs such as products like goods or services.
In Frederick Herzberg's Two-Factor Theory, the distinction between what he called movement and what he understood to be motivation is crucial.
Centralization and decentralization refer to the extent to which decision-making power is devolved in a business. Some companies are highly centralized.
Division of labor means breaking down different aspects of a job or task and assigning different people to each particular part of the work.
Delayering is the process where a business removes one or more levels of hierarchy of middle management from an organizational structure.
Micromanagement is the opposite of effective delegation - A business manager showing too much excessive control over daily work of subordinates.
Effective delegation is one of the most important skills of modern managers. They need to delegate some of the tasks to workers in a lower level.