Management at Work

1470 Words Feb 26th, 2018 6 Pages
Does the pattern of management developments at GE over the last century seem to reflect the pattern suggested by management theory? Explain your answer.

The management developments that GE has formulated over the past century appear to reflect the same sequential pattern that has been suggested by the management theory. GE’s first organizational innovation was the establishment of their corporate research and development lab in 1900. I believe this innovation directly germinated out of the advancements that where being made in managerial theory at the time. Frederick Taylor a pioneer of scientific management conducted studies that demonstrated that paying employees with a piecework pay system helps achieve a higher quality and quantity of output from workers, along with improved moral among the groups of workers. Soon after these studies GE in 1930 became the first U.S firm to offer pension and profit sharing plans to their workers.
Another sequential connection between GE’s innovations and management theory is the development of the quantitative management perspective, which began in the mid 1940’s. During WWII scientists created mathematical models to help them deploy military resources efficiently during the war. Managers at GE decided to incorporate these mathematical models in their management practices to decide where to efficiently and efficiently distribute their factors of production within the company. In the past decade…