Classical management theory

There are many management theories floating around in the business world. Some are old and some are new. But pretty much all of them are based — in one form or another — on one of the 11 management theories on this list.

Why is that important?

What are the 7 management theories

Shouldn’t you concentrate on running your business instead of reading up on old ideas? Yes, you should focus on making your business a success. But that success depends, in large part, on the way you lead your employees.

That’s why these management theories are so important: they give you concrete ways to inspire greatness in your team.

In this article, we’ll give you a brief overview of the management theories every manager should know.

Find one you like, do a bit more research, and then incorporate it into your business.

11 Essential Management Theories

1) Systems Theory

At its creation, Systems Theory (or The Systems Approach) had nothing to with business management and