The book 'How Will You Measure Your Life' applies management theories to personal life by treating personal life as a resource allocation problem. It uses theories like Frederick Herzberg's Two Factor theory and Professor Henry Mintzberg's strategy formation to guide personal decisions. For instance, Herzberg's theory is used to suggest finding a career that provides both hygiene factors (compensation, status, job security, work conditions) and motivators (challenging work, recognition, responsibility, personal growth). Mintzberg's theory is used to suggest that personal life strategy can be both deliberate (planned based on anticipated opportunities) and emergent (arising from unexpected opportunities).
Management theories not only can be applied to our careers, but also personal lives. Think of them a...
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