Business Management Improves the Efficiency of an Organization

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Management approaches and practices are core to the concept of business management due to the insight it offers on various aspects of improving the efficiency of organizations. There have been a lot of researchers that have devoted a great deal of time to the study of these practices and approaches. Two very famous amongst these contributors are Fred W. Taylor and Henry Ford. Taylor had advocated that the task and priority of factory management was to determine the most efficient way for a worker to do his job, to provide all the necessary equipment and training to complete the job and to make sure that the task at hand is done achieving optimal efficiency by providing workers with incentives. He broke down each job into its individual motions, analyzed the importance of each and then timed the workers with a stopwatch. He then eliminated unnecessary motion and asked the workers to perform machine-like routine, which increased the efficiency. On the other hand Fordism was a specific stage of economic development in the 20th century. The term gained popularity as it was recognized by firstly, the system of mass production that was pioneered in the early 20th century by the Ford Motor Company and secondly, the typical postwar mode of economic growth and its associated political and social order that advanced capitalism. In this essay we will critically discuss and analyze the impact of Taylorism and Fordism on contemporary management approaches and practices.

As an engineer,
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