McGregor's theories look at the different ways managers have to manage different types of people. There are two theories: theory X and theory Y.
Theory X
- Workers are only motivated by one thing - money!
- They are selfish, lazy and hate work.
- They need to be closely controlled and directed.
Theory Y
- Workers are motivated by many different factors apart from money.
- They enjoy their work.
- They will happily take on responsibility and make decisions for the business.
