Frederick Taylor's Principles Of Scientific Management Theory

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Management "Management is a multipurpose organ that manage a business and manages managers and manages workers and work."-(Peter Ferdinand Drucker) "Management is the art of getting things done through others and with formally organised groups."-(Harold Koontz) "Management is the art of knowing what you want to do and then seeing that they do it in the best and the cheapest way."-(Frederick Winslow Taylor) "Art of getting things done through people."-(Mary Parker Follett) Management is a task of organising people and work .It is an interdisciplinary and international field that has evolved in bits and pieces over the year. Organisations are required to complete a given task according to schedule and pre-determined programme. The work and…show more content…
It refers to decisions that are made to install new strategy or reinforce existing strategy. c)Strategy Evaluation And Control: The final stage in strategic management is strategy evaluation and control. All strategies are subject to future modification because internal and external factors are constantly changing. Frederick Taylor 's Principles of Scientific Management Theory: 1. Actively gathering, analysing, and converting information to laws, rules, or even mathematical formulas for completing tasks. 2.Utilizing a scientific approach in the selection and training of workers. 3.Bringing together the science and the worker so that the workers apply the scientifically developed techniques for the tasks. 4.Applying the work equally between workers and managers where management applies scientific techniques to planning and the workers perform the tasks pursuant to the plans. Principles of management: Management Principles development by Henri Fayol: 1.Division of work: Work should be divided among individuals and groups to ensure that effort and attention are focused on special portions of the…show more content…
8.Centralization: Fayol defined centralization as lowering the importance of the subordinate role. 9.Scalar chain: It is the line of authority. 10.Order: There should be an Order for Things and people in the organization. 11.Equity:The employees should be treated with fairness, kindness and justice if devotion is expected of them. 12.Stability of tenure of personnel: Employees work better if jobs security and career progress are assured to them. 13.Initiative: Management should encourage initiative. That is, they should encourage the employees to suggest ideas, experiences and new method of work. 14.Esprite de Corps: It emphasizes the need for building and maintaining of harmony among the work force, team work and sound interpersonal relationships. Management Gurus: 1.Henry Fayol(1841-1925): Henry Fayol was a French mining engineer and director of mines who developed a general theory of business administration that is often called Fayolism. He and his colleagues developed this theory independently of scientific management but roughly contemporary. Fayol 's work was one of the comprehensive statements of a general theory of management. He proposed that there were five primary functions of management and fourteen principles of
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