Topic > Modern Management Theory

Scientific management theory is the theory that you need to give workers an incentive to work harder and produce greater results by observing their work methods for a period and then showing them better, more effective ways of working or completing a task . Patrick Windslow Taylor conducted a study of how his men loaded pig iron onto a railroad car. His study confirmed that instead of loading 12 and a half tons per day for each man, he should be able to load 47 and a half tons per day, he needed to incentivize his men to increase their workload, but the their wages would have increased only by 60% and not by 300%. which was the increase in productivity. He believed that the gains from increased productivity should be achieved by both the final consumer and the workers. It was also noted that workers' tasks would be matched to their skills and abilities. Furthermore, by studying working methods it was demonstrated that better results were achieved by cooperating between workers. The benefits of the industrial revolution would be felt by everyone in society. Tasks previously performed manually would now be performed by machine. (Centro, 2005) Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get Original Essay Administrative Management Theory Outline Administrative theory or better known as Henri Fayol's 14 principles of management is a structured way of managing people based on years of research. This is considered one of the key management tools in its time. 14 management principles are statements based on fundamental truth. These management principles serve as a guideline for decision-making and management actions. They are developed through observations and analysis of events that managers encounter in practice. The 14 management principles were developed after years of study of businesses and people. The principles follow the Division of Labor, when employees are specialized, production can increase because they become more and more qualified and efficient. Authority, managers must have the authority to give orders, but they must also keep in mind that with authority comes responsibility. Discipline, Discipline must be maintained in organizations, but the methods of doing so may vary. Unity of command, employees should have only one direct supervisor. Unity of direction, teams with the same goal should work under the direction of one manager, using a single plan. This will ensure that the action is properly coordinated. Subordination of individual interests to the general interest: the interests of an employee should not be allowed to become more important than those of the group. This includes managers. Salary. Employee satisfaction depends on fair compensation for all. This includes financial and non-financial compensation. Centralization: This principle refers to the closeness of employees to the decision-making process. It is important to aim for an appropriate balance. Scalar chain: Employees must be aware of their position in the organization's hierarchy or chain of command. Order, workplace facilities must be clean, tidy and safe for employees. Everything should have its place. Fairness, managers should always be fair to staff, maintaining discipline where necessary and acting with kindness where appropriate. Stability of staff tenure, managers should strive to minimize employee turnover. Staff planning should be a priority. Initiative, employees should be.