Federick Taylor's Theory Of Management

According to Van Fleet and Peterson Management is ‘a set of activities directed at the efficient and effective utilization of resources in the pursuit of one or more goals’ and Federick Taylor defines management as , ‘an art of knowing what to do, when to do and see that it is done in the best and cheapest way.’ It may have many definitions but management has changed over the years, and will keep changing for many reasons, it can be the social forces like gender, class or race or due to legal forces like government regulations or wars, it can also be economic reasons like depressions and recessions or technological advancements however we have to cope up with the change. To help understand and study management and organizational environments

He was passionate about order and control and he wanted to improve economic efficiency, labor productivity and labor motivation. The main ideas behind his theory were as follows: To he wanted the job done in the most effective method rather than the ‘rule of thumb’ which is by following common sense, this way they would do the same job in a more effective method. Secondly he wanted each worker to be given a specific job which he is good at so he can do it effectively instead of giving them any job on the line depending on their capability. And finally a job would be given to the manager who single handedly supervise his workers, follow them and make sure it is done in the most effective method. Henri Fayols Organizational Theory was similar to Taylors but he focused more on how the management interacted with the people, where he looked mainly in the managerial level, this way it makes it easier to manage the staff. A summary of his theory would be; Planning, Organizing, Commanding, Coordinating and

In this theory he focused on five main points; proper division of labor- the labor should be divided according to their area of expertise o that they are given the right job but at the same time their authority and responsibilities have to be balanced. Chain of Command – here the hierarchical structure of the business has to be in order so that any command from the top management to the bottom or vice versa flows smoothly. Separation of personal and official property – here there has to a differentiation between what the business owns and what the proprietor owns, Application of Consistent and Complete Rules: there should be a set of rules and regulations to run any organisation, and these should be the same no matter who it is applied on, Selection and Promotion Based on Qualifications: in this was the final principle, where employees are looked at in the same way, as there can’t be any sort of favoring rather the employees will be selected or promoted on the basis of the skill and qualifications. These are some of the theories that give us an idea of the different aspects managers have to consider when working for a company, as experience is not everything rather the theoretical knowledge and skill takes a long way therefore applying these theories can help a manager in current