BUS 1050 1nd Edition Lecture 25Outline of Last Lecture I. Management Outline of Current Lecture II. CarnigieIII. TawneyIV. ManagementCurrent LectureFinal Review: SFEBB #3160 5-7 Thursday 12/4Theory X, Management -People want direction- People dislike wor-People will avoid wor-Manager Motivates employees with punishmentCarnigieP417. Mr Frick commits crime, Carnigie goes down for it.L41. Change in revolution. Equal terms with purchaser of labor. Negotiation to rise to independent contract. Carnigie tactics:1. Negotiate labor for workers2. Negotiation of skills for pay for workers.Example: MLB Lock out. Players demand and owners negotiation. P416, L80. Upset large companies after discussion about negotiation. Eliminate strikes. P417. L35. Better reconciliation between workers and owners to share fortunes. Carnigie introduces labor stock. Why is it good for stockholders to grant stock to labors. These notes represent a detailed interpretation of the professor’s lecture. GradeBuddy is best used as a supplement to your own notes, not as a substitute.It allows workers to invest in the well being of the company and gain money. Helps reduce strikes, and improves labor. 401K did not become legal until 1981. P417 L89. If a 401K exceeds owing ability of managers. P418. L36. Arbitration. P419. L28. Management by capital officers. L54. Management allows better organization. P420 L32. Wages. L81. P421. Sliding Scale. Slide salary up. Can be a bonus. ombudsmanPeople Orientation vs. Task OrientationTawney, Acquisitive Society.In an acquisitive society, mangers are monstrous. Industry driven by two forces: Hunger and fear.P426. L55. And L80. Education uprising, affecting management. They can identify when they are being used. Allows strikes. X management to Y management. Future will be Z management.Z management is introduce to William Ouchi. Tawney introduces management. MaslowMcGregorHerzbergOuchiP430 L54. Important to create confidence in labor. Consumers affected first. Allows work effort to be sabotaged. L64. System to create competence and confidence is necessary. P431. L71. Incentives to degrade and make workers miserable, that allowed motivation of theory X. More motivation cause is a manager that will install profession pride.P432. L58. All men desire largest income with least effort.P435. L21. In 1920, most people working are motivated by money. Will continue to be more educated. Psychology of work will increase beyond the motivation of money. P435 L75. Tawney’s Ideas for motivations. Training at workplace.Maintain a level of honor so consumers will never lose faith.Increasing confidence and esteem especially for an individual.Devotion and motivation. Interest in producers work, ex. Teachers.Pride the craftsman for
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