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 ...

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 ...

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 ...

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 ...

Since the mid-2000s, organizational change management and transformation have become permanent features of the business landscape. Vast new markets and labor pools have opened up, innovative ...

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 ...