Management Theory: X vs Y

In the 3 hours lesson, Prof Leung led us run through the History of Management from ancient management, Weber's bureaucracy, management theories from Industrial revolution to modern matrix theories.

Among all the models, I like the McGregor Theory X and Theory Y the most.

Theory Y - work is natural
People care about meaning in work, quality of work life, personal growth and sense of achievement.
e.g. build dream, share vision

Theory X - humans are lazy
People are lazy and penalty, stimulus and control behavior are necessary for managment.
e.g. penalty, pressure and quatitative reward driven

McGregor explained the different management styles of my partners. Well, no wonder!