BUSINESS STUDIES

Introduction

PRINCIPLES OF MANAGEMENT

Task

Learning objectives:-.

  • Explain Taylor's principles and techniques of scientific management .
Process

 

 

Evaluation

How management is science not rule of thumb?

Explain the second principles of Taylor's principles of management.

Conclusion

Science, Not Rule of Thumb

Taylor strongly believed that one has to ascertain management with scientific precision rather than sticking to the decision making of the management. He incorporated this is his principles of scientific management.

 

Harmony, Not Discord

Taylor propagated the need for harmony among the employees. In case there are any conflicts between the management and the employees, the organization will not be able to run smoothly. There ought to be a realization of mutual importance between the management and employees.