Professional Documents
Culture Documents
MANAGEMENT
Presented By:
Amit Dhama
MBA-I SEMESTER
FMS-BHU
Contents:
1.Development of Management Thought.
2.Brief introduction of F.W.Taylor.
3.Scientific Management: How It Comes?
4.Definition: Scientific Management.
5.Principles of Scientific Management.
6.Contributions of Scientific Management.
7.Limitations of Scientific Mangement.
8.Followers of Scientific Mangement.
Development of Management
thought
• Management is as old as human civilization.
Ex: Egyptian pyramids, Great Wall of China.
• During 1400’s: Venetian business enterprises
and their management practices
• During 1776: Adam Smith described the
advantages of division of labor and
specialization.
• Beginning of 18th century: Industrial Revolution
resulted in the advent of machine power , mass
production and efficient transportation
Development of Management
thought
• Evolution of management thought can be
studied in two broad categories:
• Early management approaches (Scientific
management, administrative management
theory and human relations movement)
• Modern management approaches (behavioral,
quantitative, systems and contingency
approaches) .
FREDERICK WINSLOW TAYLOR
(1856-1915)
Taylor was born in 1856. Taylor took night
study at Sevens Institute of Technology and in 1883
obtained a degree in Mechanical Engineering.
Taylor's career progressed in 1878 when he became
a machine shop laborer at Midvale Steel Works.
Taylor was promoted to gang-boss, foreman,
research director, and finally, chief engineer at
Midvale. From 1890 until 1893 Taylor worked as a
general manager and a consulting engineer to
management for Manufacturing Investment
Company. In 1893, Taylor opened an independent
consulting practice. In 1898, Taylor joined
Bethlehem Steel , where he and a team of assistants
developed high speed steel. In 1911 he published
“Principles of Scientific Management”. Late winter
of 1915 Taylor caught pneumonia and one day after
his fifty-ninth birthday, on March 21, he died.
SCIENTIFIC MANAGEMENT
HOW IT COMES ?
method.
Replacement of traditional rule of thumb method by
scientific method.
CONTRIBUTIONS Cont…
Incentive wages to the workers for higher production.
Create a result based competition among workers.
Its efficiency techniques have been applied to many
machine’.
Confined mostly to production management.