The limitations of classical theory of management were removed, changes were made into it and then management experts established new approaches. It is called neo-classical theory of management. Theory of Austrilian Industrial psychologist Elton Mayo’s Theory of Howthorne; gave birth to new behaviour oriented thought. Hence, he was called promoter of Neo-classical Theory. This thought about management give emphasis to behaviour oriented approach and group behaviour for management. In these thoughts; Elton Mayo, Herzberg, Rensis Likert, Chris Argyris, Mcgregor and Maslow have contributed mainly.
