Monday 30 July 2012

Theory X and Theory Y : An Insight




Theory X and Theory Y are theories of human motivation created and developed by Douglas McGregor at the MIT Sloan School of Management in the 1960s that have been used in human resource management, organizational behavior, organizational communication and organizational development. They describe two contrasting models of workforce motivation.
Theory X and Theory Y have to do with the perceptions managers hold on their employees, not the way they generally behave. It is attitude not attributes.





McGregor developed two theories of human behaviour at work: Theory and X and Theory Y.
He did not imply that workers would be one type or the other. Rather, he saw the two theories as two extremes - with a whole spectrum of possible behaviours in between.


Theory X workers could be described as follows:
- Individuals who dislike work and avoid it where possible
- Individuals who lack ambition, dislike responsibility and prefer to be led
- Individuals who desire security


The management implications for Theory X workers were that, to achieve organisational objectives, a business would need to impose a management system of coercion, control and punishment.


Theory Y workers were characterised by McGregor as:
- Consider effort at work as just like rest or play
- Ordinary people who do not dislike work. Depending on the working conditions, work could be considered a source of satisfaction or punishment
- Individuals who seek responsibility (if they are motivated0


The management implications for Theory X workers are that, to achieve organisational objectives, rewards of varying kinds are likely to be the most popular motivator. The challenge for management with Theory Y workers is to create a working environment (or culture) where workers can show and develop their creativity.


Want to know under which Theory do you belong?
Head over to Theory X or Theory Y ?

Wednesday 4 July 2012

Khan Academy : The Education Revolution

165,818,518 lessons delivered. Not a single penny charged. This is education redefined. This is the revolution that Khan Academy has brought about. "Providing a high quality education to anyone, anywhere" is the mission statement of KhanAcademy.org

What is Khan Academy?
The Khan Academy is a not-for-profit organization which strives to provide high quality education in multiple streams of study without charging for it. The website is a repository of lessons from areas of Math, Science, Finance & Economics, Humanities, etc.

Khan Academy is the brain child of Salman Khan who is a graduate from MIT and an MBA from Harvard Business School. He quit his job as a hedge analyst to begin Khan Academy in 2006. In April 2012, Salman Khan was listed among the Time 100 Most Influential People for 2012. “Salman Khan is a true education pioneer. He started by posting a math lesson, but his impact on education might truly be incalculable”, writes Bill Gates in TIME magazine.

Salman Khan at TED.

The web site presently has over 3200 tutorial videos and has delivered over 165 million lessons.
Khan Academy is backed by the Bill and Melinda Gates foundation and by Google. They also receive donations which help the site invest further in enriching the learning experience. Bill Gates once said about Khan Academy, " I'd say we've moved about 160 IQ points from the Hedge Funds category to the teaching-many-people-in-a-leveraged-way-category"

The People who make it all happen




From Left to Right: Salman Khan [Sal], Jason, Ben, Bilal, and Shantanu.
The rest of the team can be seen here: The Team

But, How do they make ends meet?
There isn't a single ad anywhere on the website. This philanthropic effort is run solely by donations and sponsorship. The Bill and Melinda Gates foundation, Google, O'Sullivan are the biggest donors. The website has reported that they receive many generous contributions of over 10000 USD. The organization invests the entire sum in making the experience of the learners better. The site is extremely user friendly and is a treasure trove of knowledge and information that would whet the appetite of everyone from a high school student to an adult returning to studies after a decades gap.

Epilogue
There a lot many lessons to be learnt from the initiative that is Khan Academy. The lessons are far ranging too. The sheer will power that Sal would have needed to quit a high paying job to start Khan Academy. The level of commitment that the team shows by putting so much content on the site and by designing the site keeping the focus on the end user. Doing all this without charging a penny.
A not-for-profit it may be and yet it is a highly sustainable enterprise that has earned the people running it tons of good will. With generous contributions from the society and with the intent of making knowledge accessible to the millions across the globe, Khan Academy is pioneering a paradigm shift in the education systems across the globe.