Scientific management, developed by Frederic Winslow Taylor in the 1880s-1890s, aimed to improve economic efficiency, especially labor productivity, through analyzing and optimizing workflows. It involved time and motion studies to eliminate unnecessary movements, specialization of tasks, establishment of performance standards, and use of monetary incentives. While scientific management improved productivity and reduced costs, it also faced criticism for potentially exploiting workers and creating monotony. Many of its principles of efficiency and standardization, however, remain relevant to modern management.