In: Operations Management
1. Describe two important historical events that are significant to the study of management.
Solution:
In the year of 1776, Adam Smith Scottish economist published a book called “Wealth of Nations”. In his book he explained the concept of division of labour for improving the productivity of the organization. According to the words of Adam Smith (1777) division of labour helps the organization for nurturing the skills and abilities of employees (Wehane 2019, p.271).
Eighth century witnessed the development of machine power. Most of the companies before the 18th century faced problems related to high cost of production. Industrial revolution helped for using more machines by replacing people and the organizations required people for managing the different internal and external functions of the organization. Organizations appointed managers for assigning tasks to the people and supervising the operational activities
2. Explain how today’s managers use scientific management and general administrative theory.
Solution:
Managers are using scientific management and general administration theory for introducing new tools and reducing the wastages. Companies like Google and Amazon considering the principle of subordination of personal interest to general interest for developing effective organization culture in the organization (Chen et al 2019,p.21). Companies are also using scientific management principles for studying and analysing workplace processes. While analysing the company Microsoft we can understand that they are applying the scientific management principles for designing the incentives based on the employee outcome. The company google also using scientific management principles for hiring the right candidate for the right position.
References.
Werhane, P. H. (2019). The role of self-interest in Adam Smith’s Wealth of Nations. In Systems Thinking and Moral Imagination (pp. 271-280). Springer, Cham
Chen, V. Z., & Hitt, M. A. (2019). Knowledge Synthesis for Scientific Management: Practical Integration for Complexity Versus Scientific Fragmentation for Simplicity. Journal of Management Inquiry, 1056492619862051..