Critically evaluate McGregor’s Theory X and Theory Y. How far is it applicable to management and employee motivation in contemporary Chinese organizations? In the modern corporation environment‚ employees’ motivation plays a pivotal role‚ thus they should be recognised as a significant part of corporations’ financial assets. There are several distinct viewpoints of approaches to managerial strategies about motivating employees‚ one of which is McGregor’s Theory X and Theory Y. It proposes that providing
Premium Management
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
Premium Demographics Generation Y Generation X
Chan ges in Does X Really Cause Y? By Bryan Dowd and Robert Town September 2002 AcademyHealth is the national program office for HCFO‚ an initiative of The Robert Wood Johnson Foundation. Foreword Health policy issues often dominate state and federal policymakers’ agendas. In the most recent session of the United States Congress alone‚ the House and Senate addressed legislation concerning a patients’ bill of rights‚ prescription drugs for seniors‚ and generic drug substitution
Premium Causality Health economics Econometrics
Organizational Theory Professor Elmer P. Nacua July 20‚ 2013 LEARNING INSIGHTS ON THEORY X / Y / Z AND MASLOW’S HEIRARCHY OF NEEDS McGregor’s Theory X / Y and William Ouichi’s Theory Z I can say that Theory X presents the pessimistic view of employees’ nature and behaviour at work‚ while Theory Y presents the optimistic view. With reference to Maslow’s theory‚ Theory X is based on the assumption that the employees emphasize on the physiological needs and the safety needs; while Theory Y is based on
Premium Maslow's hierarchy of needs
THE MAJORITY INFORMATION FOUND HERE ARE NOT MY OWN WORDS. THIS PAPER WAS DONE FOR THE PURPOSE OF AN ASSIGNMENT. NO PROFIT WAS PLANNED TO BE MADE FROM THIS. ENGINEERING MANAGEMENT (ES24) Assignment The Hawthorne Studies Douglas McGregor’s Theory X and Theory Y Abraham Maslow’s Hierarchy of Needs The Hawthorne Studies Hawthorne Studies The Hawthorne Studies are experiments which inspired Elton Mayo and others to develop the Human Relations Movement. These were conducted by the Western Electric
Premium Maslow's hierarchy of needs Motivation
psychologist formulated a theory that has changed the path of management thinking and practice. He proposed two sets of assumptions about employee ’s attitude and behaviour‚ so the manager will be in a better position to manage the workers and achieve organizational goals. McGregor named these assumptions as Theory X and Theory This essay would examine the pros and cons of this theory of employee motivation‚ followed by writer ’s opinion. (McGregor‚ 1960) Theory X: According to Theory X‚ Managers assume
Premium Management Theory X and theory Y Ford Motor Company
“Theory X and Theory Y” of Douglas McGregor : McGregor‚ in his book “The Human side of Enterprise” states that people inside the organization can be managed in two ways. The first is basically negative‚ which falls under the category X and the other is basically positive‚ which falls under the category Y. After viewing the way in which the manager dealt with employees‚ McGregor concluded that a manager’s view of the nature of human beings is based on a certain grouping of assumptions and that he
Premium Maslow's hierarchy of needs
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
Premium Investment Rate of return
Topic: Recruitment of Generation X and Generation Y employees Recruitment is an ever changing landscape as it deals with three different generations in the workplace‚ which includes Baby Boomer‚ Generation X‚ and GenerationY (Sirona‚ 2007). Generation X employees are the smallest of the three groups‚ they represent roughly 16 percent of the workforce population; Generation Y employees represent 25 percent of the workforce (Ha‚ J.‚ 2006). Generation Y employees are passionate‚ responsive‚ team-oriented
Premium Baby boomer Generation Y Demographics
desire and perceptions can be defined as the present and expected impression of workers’ place in the company.(Dixon‚1997‚p.72) In order to motivate my workers‚ I must know their needs and perceptions. I would choose Maslow’s hierarchy of needs theory and Theory X&Y to understand their needs‚ then to motivate them to perform at his or her highest level. According to Maslow‚ a person’s needs are the main motivator that drives a human. He categorized the needs of a person into 5 levels. They are physiological
Premium Maslow's hierarchy of needs Motivation