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Theory X is a more authoritative and traditional style of management. This theory assumes that people are lazy and don't want to do work. These people will try to avoid the work as much as possible. They are directed, controlled, and threatened to get them to work.
Theory Y is a more dignified and enlightened management style. These people are happy to work, self-motivated, and creative. They enjoy working with great responsibility.
Transcend own self interests for the sake of the collective
Delegate authority and welcome participation of the team
Democratic style
Good for morale
Orientated; builds teamwork, meditates conflict, and offers support
Goal-orientated; sets standards, organizes work