Topic > Adam Smith's Influence on Modern Management - 642

It has become evident that “worker productivity and organizational success are based on more than just the satisfaction of economic or social needs” (bateman, sneel p41) . This recognition developed the organizational behavioral approach that was influenced by Douglas McGregor and his theories X and Y. Theory X managers tend to micromanage their employees because they believe that the average worker is lazy and tends to need more supervision and motivation. The methods used to motivate employees are usually rewards and punishments. Theory Y tends to motivate according to Maslow's hierarchy of needs and believes in challenging employees (Hindle