control (noun, con-trol, \ kənˈtroʊl \) theory (noun, the-o-ry, \ ˈθiːəri \)
Definition: is a universal concept stating that human beings have a tendency to perform wayward, immoral, or even criminal acts unless they are guided and controlled by moral, social, and disciplinary restraints. In business, this concept relates to employees that display an inclination to perform their duties ineffectively if they aren’t controlled by the management and the company doesn’t have an established set of policies and procedures dedicated to the regulation of disciplinary measures.
In a Sentence:
- If you feel like your staff is underperforming, you should do some research on the control theory and establish more strict disciplinary measures.
- Our manager doesn’t believe in the control theory and trusts workers to perform their duties with minimal supervision.
- The implementation of the control theory can be crucial in optimizing the work done by a firm’s employees.
Synonyms and related words: stakeholder theory, expectancy theory, game theory, prospect theory, management theory