Application of Management Theories

1814 Words Mar 26th, 2013 8 Pages
1.Scientific Management Theory:
Frederick Winslow Taylor (1856-1915), the Father of Scientific Management, assumed that labor is not the cause of most problems in business and it is only the management which can provide solutions to the problems of the business. His principles were:
1. Develop a science for each element of an individual’s work to replace the old rule-of-thumb method.
2. Scientifically select and then,teach and develop the worker.
3. Heartily co-operate with the workers so as to ensure that all work is done in accordance with the principles of the science that has been developed.
4. Divide work and responsibility almost equally between management and workers. Management does all work for which it is better suited
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9.Scalar chain:The line of authority from top to management to the lowest ranks is the scalr chain.
10.Order:People and materials should be in the right place at the right time.
11.Equity:Managers should be kind and fair to their subordinates.
12.Stability of tenure of personnel:Management should provide orderly personnel planning and ensure that replacements are available to fill vacancies.
13.Initiative:Employees who are allowed to originate and carry out plans will exert high levels of effort.
14.Espirit de corps:Promoting team spirit will build harmony and unity within the organization.
EXAMPLE: Samsung’s recent success has been extraordinary. But its strategy will be hard to copy. There is much to admire about Samsung .It is patient: its managers care more about long-term growth than short-term profits. It is good at motivating its employees. The group thinks strategically: it spots markets that are about to take off and places huge bets on them.
Max Weber,a German sociologist studying organizations formed the idea of bureaucracy-a form of organization characterized by division of labour.Some theories like the bureaucratic theory of management has become obsolete nowadays and is no more supported. Adler & Borys co. used this mechanism way back. However, even in flexible organizations of creative professionals-such as SAP, Samsung, General Electric and Cisco Systems-some
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