![]() In 21st century, due to changes in business models, automation of production process, changes in technology & business environment, and changes in people perception, organizations are transforming into global entities - a new theory in organizational behaviour called Theory A (Theory of Accountability) has been developed. ![]() The above three theories were developed based on research conducted in various production Theory Z of William Ouchi focused on increasing employee loyalty to the company by providing a job for life with a strong focus on the well-being of the employee, both on and off the job. The best way to manage them is to manage as little as possible. They long to grow and assume responsibility. Theory Y maintains that human beings are active rather than passive shapers of themselves and of their environment. Theory X says that the average human being is lazy and self-centred, lacks ambition, dislikes change, and longs to be told what to do. ![]() Organizational Behaviour in the context of people management consists of several theories in which Theory X, Theory Y,Theory Z are the newly introduced.Theory X and Y were created and developed by Douglas McGregor in the 1960s.
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