Tag: Human resources

What is Shared Value Theory?

Key takeaway: Shared Value Theory argues that companies can boost competitiveness by creating economic value while also benefiting…
What is Triple Bottom Line (TBL)?

Key takeaway: The Triple Bottom Line argues that businesses should measure success across three dimensions: profit, people, and…
What is Carroll’s Corporate Social Responsibility (CSR) Pyramid?

Key takeaway: Carroll’s CSR Pyramid outlines four layers of corporate responsibility: economic, legal, ethical, and philanthropic. It suggests…
What is Integrative Social Contracts Theory (ISCT)?

Key takeaway: Integrative Social Contracts Theory argues that business behaviour is guided by two layers of norms: universal…
What is Social Contract Theory?

Key takeaway: Social Contract Theory argues that societies and governments gain legitimacy through an implicit agreement among individuals…
What is Equity Theory?

Key takeaway: Equity Theory explains how employees judge fairness by comparing their contributions and rewards to those of…
What is Theory of Needs?

Key takeaway: McClelland’s Theory of Needs proposes that people are motivated by three dominant drivers: achievement, affiliation, and…
What is Human Relations Theory?

Key takeaway: Mayo’s Human Relations Theory emphasises that employee motivation and productivity are strongly influenced by social needs,…
What is Bureaucratic Theory?

Key takeaway: Weber’s Bureaucratic Theory describes an ideal organisational structure built on clear rules, formal hierarchy, specialised roles,…
What is McGregor’s Theory X and Theory Y?

Key takeaway: McGregor’s Theory X and Theory Y describes two contrasting managerial assumptions about workers. Theory X views…