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Alekperov combined two managerial techniques, blending a capitalist-style attention to production margins with a socialist-style attention to workers.
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The theory that encourages a more holistic approach to viewing management as a function within the context of the border organization is?
Theory x and y
How relevant is the evolution of management theories in modern day organizations?
Management theories remain relatively consistent through the test of time. The social behaviors of people do not change too drastically despite years passing by. However, with the emergence of generation y into the working field and with social media booming it has become necessary to revamp some of the management styles within modern day organizations. Nothing too drastic, but since new roles are being developed, new management styles are needed to oversee these new roles (such as social media etc.)
What is the different between theory X and theory Y?
x= people are lazy and must be motivated and closely supervised Y= people want to do a good job, try to avoid doing things thad kill that motivation. A theory X manager with theory Y subordinates will soon beat the motivation out of them, thus proving to himself that he was right all along. A theory Y manager will eventually figure out that a theory X subordinate thinks all people are lazy because that subordinate is lazy himself. Thus, teams are best structured with all X of all Y types. The Y teams will consistently outperform the X teams.
4 Discuss the assumption of Douglas Mc Gregor Theory X and Theory Y?
x assumes employees are unmotivated etc and have to be handled with severity like prison inmates Y assumes employees want to be productive, helpful and creative and can be managed to maximize these efforts. A theory X manager will soon beat the motivation out of a theory Y worker, thus proving to himself that X was right all along. A theory Y manager will eventually figure out that a theory X worker believes people are unmotivated because the worker himself is unmotivated. Thus, it is better for work teams to be all X or all Y. Given that, the Y teams will out produce the X teams.
What are the different management theory?
Recent Developments in Management Theory Under this category of theory are the Systems Approach, Situational or Contingency theory, Chaos theory, and Team Building theory. The systems theory has had a significant effect on management science and understanding organizations. A system is a collection of part unified to accomplish an overall goal. If one part of the system is removed, the nature of the system is changed as well. A system can be looked at as having inputs (e.g., resources such as raw materials, money, technologies, people), processes (e.g., planning, organizing, motivating, and controlling), outputs (products or services) and outcomes (e.g., enhanced quality of life or productivity for customers/clients, productivity). Systems share feedback among each of these four aspects of the system. 18 The Systems Theory may seem quite basic. Yet, decades of management training and practices in the workplace have not followed this theory. Only recently, with tremendous changes facing organizations and how they operate, have educators and managers come to face this new way of looking at things. The effect of systems theory in management is that it helps managers to look at the organization more broadly. It has also enabled managers to interpret patterns and events in the workplace - i.e., by enabling managers to recognize the various parts of the organization, and, in particular, the interrelations of the parts. The situational or contingency theory asserts that when managers make a decision, they must take into account all aspects of the current situation and act on those aspects that are key to the situation at hand. Basically, it is the approach that "it depends". For example, if one is leading troops in Iraq, an autocratic style is probably best. If one is leading a hospital or University, a more participative and facilitative leadership style is probably best. The Chaos theory is advocated by Tom Peters (1942). As chaotic and random as global events seem today, they are equally chaotic in organizations. Yet for many decades, managers have acted on the basis that organizational events can always be controlled. Thus, a new theory, known as chaos theory, has emerged to recognize that events are rarely controlled. Chaos theorists suggest that systems naturally go to more complexity, and as they do so, they become more volatile and must, therefore, expend more energy to maintain that complexity. As they expend more energy, they seek more structure to maintain stability. This trend continues until the system splits, combines with another complex system or falls apart entirely. It will need an effective manager for the latter worst scenario not to happen. 19 The last management theory is the Team Building approach or theory. This theory emphasizes quality circles, best practices, and continuous improvement. It is a theory that mainly hinges on reliance on teamwork. It also emphasizes flattening of management pyramid, and reducing the levels of hierarchy. Finally, it is all about consensus management - i.e., involving more people at all levels in decision-making. Other Management Theories In this category are the works of Edward W. Deming and Douglas McGregor. Edward Deming is the founder of modern quality management and is regarded by the Japanese as the key influence in their postwar economic miracle. He postulated several assumptions: create constancy of purpose for continual improvement of products and service; adopt the new philosophy created in Japan; cease dependence on mass inspection; build quality along with price; improve constantly and forever every process planning, production, and service; institute modern methods of training on-the-job for including management; adopt and institute leadership aimed at helping people to do a better job; drive out fear, encourage effective two-way communication; breakdown barriers between departments and staff areas; eliminate exhortations for the workforce - they only create adversarial relationships; eliminate quotas and numerical targets; remove barriers to pride of workmanship, including annual appraisals and Management by Objectives; encourage education and self-improvement for everyone; and define top management's permanent commitment to everimproving quality and productivity and their obligation to implement all these principles. Douglas McGregor (1906-1964) postulated management ideas as contained in "Theory X" and "Theory Y". Using human behavior research, he noted that the way an organization runs depends on the beliefs of its managers. 20 "Theory X" gives a negative view of human behavior and management that he considered to have dominated management theory from Fayol onwards - especially Taylorism. It also assumes that most people are basically immature, need direction and control, and are incapable of taking responsibility. They are viewed as lazy, dislike work and need a mixture of financial inducements and threat of loss of their job to make them work ('carrot and stick' mentality). "Theory Y", the opposite of "Theory X", argues that people want to fulfill themselves by seeking self-respect, self-development, and self-fulfillment at work as in life in general. The six basic assumptions for 'Theory Y' are: work is as natural as play or rest - the average human being does not inherently dislike work, whether work is a source of pleasure or a punishment (to be avoided) depends on nature of the work and its management. Second, effort at work need not depend on threat of punishment - if committed to objectives then selfdirection and self-control rather than external controls. Third, commitment to objectives is a function of the rewards associated with their achievement. Satisfaction of ego and self-actualization needs can be directed towards the objectives of the organization. Fourth, the average human being learns, under proper conditions, not only to accept but to seek responsibility. Fifth, high degrees of imagination, ingenuity and creativity are not restricted to a narrow group but are widely distributed in the population. Lastly, under the conditions of modern industrial life, the intellectual potentials of the average human being are being only partly utilized. There is, however, one theory or approach, the quantitative approach that is hardly used and known by managers. It emerges from operations research and management science. It is a mathematical and statistical solution to problems using optimization models, and computer simulations. It is most effective 21 management decision-making rather than managerial behavior. The management theories that have been discussed, important as they are, have to be translated in practice by managers.
What is Vagit Y. Alekperov's nationality?
Azerbaijani-Russian
How can Vagit Y. Alekperov be reached on the internet?
http://www.lukoil.com
What family has Vagit Y. Alekperov got?
Married; children: one
Where was Vagit Y. Alekperov educated?
Azerbaijan Oil and Gas Institute, PhD, 1974.
What company did Vagit Y. Alekperov lead?
Founder and chief executive officer, Lukoil
Where did Vagit Y. Alekperov begin his career?
Kaspmorneft, 1972-1974, drill operator
What is Vagit Y. Alekperov's mailing address?
OAO Lukoil, 11 Sretenski Boulevard, 101000 Moscow, Russia
What awards has Vagit Y. Alekperov received?
Order of People's Friendship, Order of Honor, medal for developing the oil and gas complex in western Siberia, Order of Glory, Global Corporate Leadership Award.
What has the author Charles Y Lazarus written?
Charles Y Lazarus has written: 'From family management to professional management' -- subject(s): Industrial management, Family corporations
Is the letter y a vowel in the word style?
yes, it is
What are positive character traits that start with y?
style
What has the author Mohamed Y Jaber written?
Mohamed Y. Jaber has written: 'Inventory management'
