In: Accounting
Describe the principles of scientific management.Give details Explaination
Principles of scientific management propounded by Taylor are:
(i) Science, Not Rule of Thumb: Rule of Thumb means decisions taken by manager as per their personal judgments. According to Taylor, even a small production activity like loading iron sheets into box cars can be scientifically planned. This will help in saving time as well as human energy. Decisions should be based on scientific enquiry with cause and effect relationships.
(ii) Harmony, Not Discord: Taylor emphasized that there should be complete harmony between the workers and the management since if there is any conflict between the two, it will not be beneficial either for the workers or the management. Both the management and the workers should realize the importance of each other.
(iii) Mental Revolution: The technique of Mental Revolution involves a change in the attitude ‘ of workers and management towards each other. Both should realize the importance of each
other and should work with full cooperation. Management as well as the workers should aim to .increase the profits of the organisation.
(iv) Cooperation, Not Individualism: This principle is an extension of principle of ‘Harmony, ‘ . not discord’ and lays stress on mutual cooperation between workers and the management. Cooperation, mutual confidence, sense of goodwill should prevail among both, managers as well as workers. The intention is to replace internal competition with cooperation. Both ‘Management’ and ‘Workers’ should realize the importance of each other.
(v) Development of each and every person to his or her greatest efficiency and prosperity: Efficiency of any organisation also depends on the skills and capabilities of its employees to a great extent. Thus, providing training to the workers was considered essential in order to learn the best method developed through the use of scientific approach.
Principles of scientific management propounded by Taylor are above: