![]() ![]() Modern Management Theory is actually comprised of three other management theories - Quantitative Theory, Systems Theory, and Contingency Theory. A manager using the Modern Management Theory will use statistics to measure employee performance and productivity and also try to understand what makes their employees satisfied at their jobs. This theory combines mathematical analysis with an understanding of human emotions and motivation in order to create a working environment that is maximally productive. The Modern Management Theory also believes that rapidly changing technology can both cause and solve many problems in the workplace. The Modern Management Theory recognizes that workers are complex and have many reasons for wanting to succeed in their job. ![]() Modern Management Theory was created in direct response to the Classical Management Theory that states employees are only motivated by money.
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