Evolution of Management Thought

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EVOLUTION OF MANAGEMENT THOUGHTS & DIFFERENT APPROACHES TO MANAGEMENT: Management in all business areas and organizational activities is the act of getting people together to accomplish desired goals and objectives efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing and controlling an organization (a group of one or more people or entities) or efforts for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources and natural resources. The definitions by different management thinkers are as follows: • Management is the accomplishment of results through the efforts of other people.…show more content…
b. Employers to pay more productive workers higher rate than others using a “scientifically correct “rate that would benefit both the company and workers. c. Thus the workers were urged to surpass their previous performance standards to earn more pay .Taylor called his plane the differential rate system. •Contributions of scientific management theory - The modern assembly line pours out finished products faster than Taylor could ever imagined. - This production “Miracle” is just one legacy of scientific management. - In addition its efficiency techniques have been applied to many task in non industrial organizations ranging from fat food service to the training of surgeons. • Limitations of scientific management theory - Although Taylor’s method led to dramatic increase in productivity and higher pay in number of instance workers and unions began to oppose his approach because they feared that working harder or faster would exhaust whatever work was available causing layoffs. - Moreover, Taylors system clearly meant that time was of the essence. - His critics objected to the speed up condition that placed undue pressure on employees to perform at faster and faster levels. - The emphasis on productivity and by extension profitability led some managers to exploit both the workers and customers. - As a result more workers joined unions and thus reinforced a pattern of
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