Behavioral Theory

Question: Discuss about the Behavioral Theory. Answer: Introduction: Newspaper article Selected: As per the Law firm the sharing economy will lead to a dramatic effect on workplace conditions Ryan, P. (2016).Sharing economy will have dramatic effect on workplace conditions. [online] ABC News. Available at: https://www.abc.net.au/news/2016-08-04/sharing-economy-navigating-rise-will-be-critical-for-australia/7690598 [Accessed 20 Aug. 2016]. The changes that are going to come in the business like the digital disruption that is going to come due to the sharing of the economy will affect the condition of the workplace. The demand for more flexible work arrangements and contracting will also take place. These arrangements will lead to challenges that both employers and employees will face. With the addition of automation and artificial intelligence, the company will see a dramatic change and that can be taken as workers exploitation (Ryan, 2016). To create a harmonious atmosphere in the workplace and to maintain it, the behavioral theory of management can be applied. To apply this management theory, the manager of the organization has to better understand the human aspect of the employees and treat them as important assets to the organization. With the increased use of artificial intelligence and automation, the workers may have the doubts in their mind regarding their future in the company which will affect the productivity of the company because the workers will not be giving their hundred percent to the company (Peterson, 2015). It becomes the managers duty to lead them in such a way that the employees should feel their importance in the company. This will ultimately help in attaining the goals of the company, as workers will then give their hundred percent to the company (Argote, 2015). It is recommended that training session for the employees should be planned. This will make the employees become familiar with the new technological and economical changes that are going to happen in the company, and also understand their responsibilities that they are expected to fulfill to attain the company goals (Schermerhorn, 2013). References Argote, L. (2015). A Behavioral Theory of the Firm: An Attractive Organizational Theory.Journal of Management Inquiry, 24(3), pp.321-321. Peterson, R. (2015). BeyondA Behavioral Theory.Negotiation Journal, 31(4), pp.505-508. Ryan, P. (2016).Sharing economy will have dramatic effect on workplace conditions. [online] ABC News. Available at: https://www.abc.net.au/news/2016-08-04/sharing-economy-navigating-rise-will-be-critical-for-australia/7690598 [Accessed 20 Aug. 2016]. Schermerhorn, J. (2013).Management. Hoboken, NJ: John Wiley Sons.