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 ...

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 ...

Scrum is a project management methodology that can be used to organize teams during project planning and delivery, in which projects are split into smaller groups of tasks typically completed by teams ...

Henry Gantt's management theory balances completed work with pending tasks using visual charts, task bonuses and workforce motivation for productivity.

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 ...

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 ...

The United Nations’ Principles for Responsible Management Education (PRME) initiative brings together the UN and business schools around the world to “inspire and champion responsible management ...

Joseph Juran was a pioneer in the study of quality control for industries like math and science. Learn how to apply his ...

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 ...

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 ...

Not everyone agrees with the suggestion that the firms with trillion-dollar market capitalizations—Amazon, Apple, Microsoft—have been built on Agile principles. Acting in accordance with the Agile ...