After your recent successful presentation for the management team at company XYZ, the board has invited you for another written report at the next board meeting. Remember, now you are the so-called guru of management theory. For this particular report, you must apply a management theory to the current situation surrounding company XYZ. Finally, be sure to teach the board members on the overview of the historical development behind management theory.
Present one management theory that interests you. Identify the theory’s structure (what are the components). Interpret the overall historical development behind the theory. Use at least two academic journal articles to support the theory. Compare and contrast it with another management theory. Finally, include you own conclusion or solution for the company.
Your paper should be in APA style citing references as appropriate. Use at least 5 but no more than 10 references with at least 3 references from journal.
Theory X Theory Y Student`s Name Institutional Affiliation Theory X Theory Y Introduction Today managers are faced with different types of problems emanating from employees and the work environment. For example, company XYZ is experiencing a problem of low productivity resulting from poorly motivated employees. Solving such problems at the workplace may not be easy. However, there are management theories that can be applied to solve most of the problems arising from the employees in the workplace. Some of the common theories applied to solve the problems relating to workers in most companies is the theory X theory Y by administrator and Professor Douglas McGregor. Consequently, paper seeks to employ McGregor`s theory X theory Y because it is pioneered on matters relating to employee motivation which is the current problem at XYZ. Particularly,the papers seeks to provide a brief historical development and foundation of the theory and its relevancy to the problem at hand.Also, the paper will also look at findings from st