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TAYLORS AND FAYOLS PRINCIPLES OF MANAGEMENT

TAYLORS PRINCIPLES OF SCIENTIFIC MANAGEMENT


Scientific Management is logical approach towards the solution of management problems. It is a art of knowing exactly what you want your men to do and then seeing that they do it in the best and cheapest way. It includes:1. Scientific study and analysis of work. 2. Scientific selection and training of employees. 3. Standardization of raw material,euipment and wprking conditions. 4. Reasonable remuneration to employees. 5. It is an economical method which makes the best possible use by integration and co-ordination of available resources.

Characteristics of Scientific Management


Scientific Management has the following characteristics:

Predetermined Objectives Predetermined Plans Scientific Analysis of plans Set of rules Firmness Work studies Review of standards Fixing Responsibility Effective controls

PRINCIPLES OF SCIENTIFIC MANAGEMENT


Scientific study and analysis of work Co-operation between labor & mgt Division of responsibility between workers & mgt. Scientific selection, training & development of workers Maximum prosperity of employers and employees Mental revolution

TECHNIQUES OF SCIENTIFIC MANAGEMENT


Work Studies:- Methods study, Motion study, Time study, Fatigue study Standardization:- Of Product, raw material, machines, equipments, methods, working conditions. Administrative Reorganization-Functional Foremanship Scientific rate setting-Differential Piece Rate System

FAYOLS PRINCIPLES OF MANGEMENT

Fayol has suggested 14 principles


Division of work Authority and responsibility Discipline Unity of command Unity of direction Subordination of individual interest to general interest Remuneration of employees

Scalar chain Centralization

Order
Equity Stability of tenure of employees Initiative Spirit of Co-operation

Fayols contribution to management


Development of universal principles of management Clear and acceptable classification of managerial functions Management as a separate significant fucniton Sound principles of organisation

Macro approach to management


Stress on human aspect

POINTS OF DIFFERENCE APPROACH SCOPE OF PRINCIPLES HUMAN ASPECT STRESS ACHIEVEMENT

F.W TAYLOR It has micro approach Principles are restricted to production activities Disregards human element Stresses on efficiency Scientific mgt

HENRY FAYOL It has a macro approach Are applicable in all kinds of organizations Due regards human element Stresses on general administration Administrative mgt

Thank you
Presented by:- AANCHAL GANDHI SWATI CHUTTANI SHAGUN SOOD MEGHA GUPTA

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