In the early 1900s, Henri Fayol developed a modern management theory that business leaders still use today. Fayol's theory was honed while he worked his way up the ladder to become the director of a ...
Henry Gantt's management theory balances completed work with pending tasks using visual charts, task bonuses and workforce motivation for productivity.
Husband and wife Frank and Lillian Gilbreth pioneered scientific management principles that revolutionized how we think about workplace efficiency and human performance. Rather than accepting ...
Frederick W. Taylor – widely regarded as the founder of scientific management – revolutionized how businesses operate by introducing time-motion studies, standardized processes and incentive-based ...
This represents a waterfall type of approach to project planning, where one phase flows into the other. It works well for certain industries such as construction and manufacturing, but it is less ...
Rebecca McClay has 10+ years of experience writing and editing content. Rebecca is an expert in personal finance, business, and financial markets. She received her master's in business journalism from ...
The principles of lean manufacturing have proven their effectiveness across various industries, and the project management domain is no exception. The integration of lean principles into project ...
A version of this article appeared in the Autumn 2016 issue of strategy+business. Most companies have leaders with the strong operational skills needed to maintain the status quo. But they face a ...
Joseph Juran was a pioneer in the study of quality control for industries like math and science. Learn how to apply his ...