TRANSCRIPTEnglish

Management Practices

3m 42s462 words98 segmentsEnglish

FULL TRANSCRIPT

0:00

[Music]

0:08

let's take a look at management

0:09

practices

0:11

several research programs in the 1960s

0:14

prompted researchers

0:15

to adopt different management practices

0:19

the aim of these research programs was

0:21

to offer alternative ways of managing

0:23

and contrast

0:24

to the dominant methods of the time

0:27

because humans inherently dislike work

0:30

most people must be concerned

0:32

controlled directed threatened with

0:34

punishment

0:35

to get them to put forth adequate effort

0:37

towards the achievement of

0:38

organizational objectives

0:42

under theory y people will exercise

0:44

self-direction and self-control

0:46

in the service of objectives to which

0:48

they're committed commitment to

0:50

objectives is a function of the rewards

0:52

associated with their achievement

0:55

researchers concluded that adopting the

0:57

beliefs of theory y was necessary to

0:59

bring about

1:00

innovative advances in products

1:02

technologies and solutions to existing

1:04

problems

1:06

they recommended several ways to put

1:08

theory-wide assumptions into practice

1:10

including documenting job descriptions

1:12

restructuring the performance appraisal

1:14

process

1:14

and more effectively managing salary

1:16

increases and promotions

1:19

another study asked managers to think of

1:21

the most productive and least productive

1:23

divisions in their organization

1:25

and to place them on a continuum

1:28

reflecting their management practices

1:30

labeled as systems one

1:31

through four managers use

1:34

fear threats and intimidation to coerce

1:37

employees to act

1:38

decisions are made at the top of the

1:40

organization and no

1:41

teamwork is present in explorative

1:43

management

1:46

benevolent authoritative managers

1:48

occasionally use rewards

1:50

but also punishment most decisions are

1:52

made at the highest levels but some

1:54

decision making with a narrow set of

1:56

guidelines is made at lower levels

2:00

in consultative management managers use

2:02

reward and occasional punishment

2:04

many decisions are made at the top but

2:06

are left for open decision making at

2:08

lower levels

2:09

teamwork is frequently present

2:12

participative managers involve groups in

2:14

setting and measuring goals

2:16

decision making is done throughout the

2:18

organization and is characterized

2:20

by involvement and participation

2:23

the most productive departments were run

2:25

using a participative group management

2:27

style

2:28

and that the least productive

2:29

departments were led by managers who

2:31

modeled

2:31

an explorative authoritarian style

2:37

in another study researchers noticed

2:39

that management practices could be

2:40

plotted on a chart

2:41

where the manager demonstrated a degree

2:43

of concern for production

2:45

and a concern for people

2:48

each of these could be mapped on a grid

2:50

with a score from one

2:51

low to nine high a high concern for

2:54

production but a low concern for people

2:56

was referred to as a 9-1 style

2:58

and so on as a result of the studies

3:02

researchers advocated for a 9 9 approach

3:05

to management in which managers

3:06

demonstrate

3:07

both a high concern for production and a

3:09

high concern for people

3:12

they noted that the 99 style creates a

3:14

healthier environment because people can

3:16

work together

3:17

when there's trust and mutual support

3:20

scholars began to rethink commonly held

3:22

assumptions about management

3:24

and human behavior

3:39

you

UNLOCK MORE

Sign up free to access premium features

INTERACTIVE VIEWER

Watch the video with synced subtitles, adjustable overlay, and full playback control.

SIGN UP FREE TO UNLOCK

AI SUMMARY

Get an instant AI-generated summary of the video content, key points, and takeaways.

SIGN UP FREE TO UNLOCK

TRANSLATE

Translate the transcript to 100+ languages with one click. Download in any format.

SIGN UP FREE TO UNLOCK

MIND MAP

Visualize the transcript as an interactive mind map. Understand structure at a glance.

SIGN UP FREE TO UNLOCK

CHAT WITH TRANSCRIPT

Ask questions about the video content. Get answers powered by AI directly from the transcript.

SIGN UP FREE TO UNLOCK

GET MORE FROM YOUR TRANSCRIPTS

Sign up for free and unlock interactive viewer, AI summaries, translations, mind maps, and more. No credit card required.