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Ten years ago, Professor McGregor of the Massachusetts Institute of Technology published a book called The human side of enterprise. In it he described two theoretical assumptions of management, the old and the new. The old, he called theory X. In brief, theory X states that man is essentially lazy; carrots and sticks are required to get him to work at all; man lacks initiative and will do everything possible to avoid responsibility. The new, McGregor called theory Y. Theory Y states that work is natural to man; man will work hard; and will seek responsibility and show considerable initiative in the service of objectives to which he is committed.
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