Theories of Management

This theory was put forward by Elton Mayo . Elton Mayo      Mayo's Management Theory states that employees are motivated far more by relational factors such as attention and camaraderie than by monetary rewards or environmental factors such as lighting, humidity, etc. Elton Mayo developed a matrix which he used to illustrate the likelihood that a given team would be successful. [1]  He was of the view that production depends  on the way people are treated. He focused on five concepts as under.      1. Morale      2. Group dynamics      3. Democratic supervision      4. Personal relations     5. Behavioural concept of Motivation https://www.business.com/articles/management-theory-of-elton-mayo/