Neo Classical Management Theory, Human Relations Approach, Behavioral Science Approach

This video is designed for MBA, BBA, BBA Hons., BCom Hons., BCom, and MCom students, offering a concise exploration of Neo-Classical Management Theory. We cover key distinctions between Classical and Neo-Classical Theories, and delve into two major approaches:

Human Relations Approach: Featuring Elton Mayo's Hawthorne Experiments and the importance of employee morale.
Behavioral Science Approach: Exploring Maslow's Need Hierarchy, McGregor's Theory X and Theory Y, and Herzberg's Two-Factor Theory.
This lecture highlights how these theories have shaped modern management and organizational practices.

Neo-classical management theory: Introduction
Classical management theory Vs. Neo-classical management theory
Various approaches under Neo-classical management theory
Human Relations Approach
Elton Mayo
Hawthorne Experiments
Contributions of HR Approach
Behavioral Science Approach
Abraham Maslow
Maslow’s need hierarchy theory
Douglas McGregor
Theory X and Theory Y
Frederick Herzberg
Two factor Theory
Contributions of Behavioral Science Approach
Contributions of Neo-classical management theory