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 JHRSS  Vol.9 No.1 , March 2021
Theories X and Y in Combination for Effective Change during Economic Crisis
Abstract: It has been a fact that sustainability and employee turnover in corporations rely heavily on the different s of management practiced at given companies nowadays. This paper addresses both theories X and Y of Mc Gregor in economic crisis, where X is the one that might get the poor results focusing on instrumental, physiological values comparing to theory Y where managers are effective leaders with better performance and terminal values promoting self-esteem and actualities. The purpose of this paper is to analyze both theories and determine the effective way to reach the ultimate results. Mc Gregor’s philosophy insists on two fundamental approaches to manage people while combining additional factors other than human nature such as the human relations can play a positive role for effective change. This paper combines a realistic management to the traditional known autocratic (X) and democratic (Y) s during economic crisis. Theory X and Y are two different management s with certain philosophy interpreted by each manager. They both look at ways and means on how to motivate employees and therefore have a feel of characters of their workers. Each theory tackles its philosophy from its end, for example, theory X believes pushing employees to work by having punishment and rewards can actually be a motivational factor, while theory Y promotes the self-management, self-esteem, management by objective leading to intrinsic and extrinsic rewards.
Cite this paper: Touma, J. (2021) Theories X and Y in Combination for Effective Change during Economic Crisis. Journal of Human Resource and Sustainability Studies, 9, 20-29. doi: 10.4236/jhrss.2021.91002.
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