Frederick Taylor’s Scientific Management Theory was developed in the early 20th century. The theory’s approach to management has since become popular and has found application in almost every business operation across the world.
The use of scientific, engineering, and mathematical analysis tools in systematically improving efficiency of task completion has found wide acceptance in almost every organization. The goal of this theory is to reduce redundancy and waste, improve methods of production, and create a just distribution of goods. This theory seeks to improve the conditions of employees, employers, and the society. Although the theory is no longer used on an as-is basis, its themes still persist.
Principles of Scientific Management
a) Replace old ‘rule-of-thumb’ methods with scientific methods
b) Select and train scientifically, each workman, to improve his productivity
c) Ensure co-operation with and among workmen so that the work is done in accordance with the principles of science
d) Distribution of work – the work should be divided between workmen and management on the basis of skills required rather than being assigned to the workmen alone