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