Contribution of F. W. Taylor, Elements of Scientific Management , Principles of Scientific Management, Contribution of Henry Fayol , General principles of management , Contributions of Peter Drucker to Management

1. EVOLUTION
OF
MANAGEMENT
THOUGHT
CHAPTER 2

2. Concept of management thought
• The different view on management
popularized by expert, practitioners, and
management scientists in terms of
concepts, ways, methods, functions,
processes, principals and theories known as
“management thoughts or management
approaches”

3. Human relations expert, behavioral
scientists, management practitioners,
writers and contributors who develop
the thoughts are known as “School of
Management”
Concept of management thought

4. Contribution of F. W. Taylor
• Frederick Taylor (1856-1915), developer of scientific
management. Scientific management (also called Taylorism or
the Taylor system)
• In 1909, Taylor published "The Principles of Scientific Management."
• According to Taylor, “Scientific Management is an art of knowing
exactly what you want your men to do and seeing that they do it in
the best and cheapest way”. In Taylors view, if a work is analyzed
scientifically it will be possible to find one best way to do it.

5. Elements of Scientific Management
1. Separation of planning and doing
2. Job analysis – 1. time study , 2. Motion study, 3. Method
study
3. Fatigue study and rest study
4. Differential wage system
5. Standardisation
6. Scientific selection and training of workers
7. Mental revolution
8. Financial incentives
9. Economy

6. Principles of Scientific Management
• Science, not Rule of Thumb
• Principals of work
• A large daily task
• Standard condition
• High pay for success
• Loss in case of failure
• Scientific Selection, Training and Development of Workers:
• Harmony, not Discord (Conflict):
• Cooperation, not Individualism:
• Maximum, not Restricted Output:

7. Contribution of Henry Fayol
• Henry Fayol, also known as the Father of Modern Management
Theory, gave a new perception on the concept of management.
• He introduced a general theory that can be applied to all levels of
management and every department.
• He envisioned maximizing managerial efficiency. Today, Fayol’s theory
is practiced by the management to organize and regulate the internal
activities of an organization

8. Contribution of Henry Fayol
• Classification of business activities
• Technical activity
• Commercial activity
• Financial activity
• Security activity
• Accounting activity
• Managerial activity

9. Contribution of Henry Fayol
• Managerial Qualities
• Physical qualities
• Mental qualities
• Moral qualities
• Educational qualities
• Technical qualities
• Experience qualities

10. General principles of management
• 1. Division of Labor ·
• 2. Authority and Responsibility ·
• 3. Discipline ·
• 4. Unity of Command ·
• 5. Unity of Direction ·
• 6. Subordination of Individual to general interest

11. • Remuneration of personal
• Centralization
• Scaler principle
• Order
• Equity
• Stability of tenure
• Initiative
• Esprit the corps
General principles of management

12. Contributions of Peter Drucker to Management
• Among the contemporary management thinkers, Peter Drucker
outshines all.
• He has varied experience and background which include psychology,
sociology, law, and journalism.
• Through his consultancy assignments, he has developed solutions to
number of managerial problems.
• Therefore, his contributions cover various approaches of
management. He has written many books and papers.

13. • The more important books are;
• Practice of Management (1954),
• Managing by Results (1964),
• The Effective Executive (1967),
• The Age of Discontinuity (1969),
• Management: Tasks, Responsibilities and Practices (1974),
• Management Challenges for 2Century (1999)
Contributions of Peter Drucker to
Management

14. Contributions of Peter Drucker to
Management
• 1. Nature of Management:
• 2. Management Functions
• 3. Organization Structure:
• 4. Federalism:
• 5. Management by Objectives
• 6. Organizational Changes:

15. Thank You