PIONEERS IN MANAGEMENT:
1. Frederick W. Taylor
-Father of Scientific Management
2. Elton Mayo
- Father of Human Relations
3. Steven Covey
- Principle-Centered Leadership
4. Henri Fayol
- Father of the 14 Principle of Mgt.
5. Peter Drucker
- Father of Management and
formulated the Concept of Mgt. by Objectives (MBO)
6. Fritz J. Roethlisberger - Father of Human Behavior and formulated the “X” Chart
7. Max Weber
- Father of Bureaucratic
8. Mary Parker Follet - Formulated the Principle of Coordination and focused her study on Behavioral Mgt. model
9. Chester Barnard
- formulated the Acceptance
Theory of Authority known also as Efficient-Effective theory
10. W. Edward Deming
- Father of Quality Mgt.
11. Joan Woodward
- formulated the Contingency
12. Vilfredo Pareto
- formulated the 80/20 Principle
(“vital few from the “trivial many”)
13. Frank & Lilian Gilbreth
- formulated the Time
and Motion Study
15. Henry Gantt
- formulated the Gantt chart (control
systems for Production scheduling)
EARLY MANAGEMENT THOUGHT:
THE ECONOMIC FACET
Adam Smith and James Watt have been identified as the two men most responsible for destroying the old England and launching the world toward industrialization. Adam Smith brought about the revolution in economic thought and James Watt's steam engine provided cheaper power that revolutionized English commerce and industry. In doing so, they also laid the foundation for modern notions of business management theory and practice. ADAM SMITH.
Adam Smith (1723–1790) was a Scottish political economist. His Wealth of Nations, published in 1776, established the "classical school" and with its publication, he became the father of "liberal economics." Smith argued that market and competition should be the regulators of economic activity and that tariff policies were destructive. The specialization of labor was the mainstay of Smith's market system. According to Smith, division of labor provided managers with the greatest opportunity for increased productivity. JAMES WATT AND MATTHEW BOULTON.
James Watt (1736–1819), aided by Matthew Boulton (1728–1809), and building on the work of his predecessors, developed his first workable steam engine in 1765. Together the partners founded the engineering firm of Boulton, Watt, and Sons. Recognized as Watt's greatest breakthrough, in 1971 he developed a steam engine with rotary, rather than the traditional up-and-down, movement. This made the engine more adaptable to factory uses as the engine replacing water wheel power for grinding grain, driving textile machines, and operating bellows for iron works. Steam power lowered production costs, lowered prices, and expanded markets. In 1800 the sons of Boulton and Watts took over the management of the company and instituted one of the first complete applications of scientific management. In this plant there is evidence of market research, including machine layout study involving workflow, production standards, cost accounting, employee training, employee incentives, and employee welfare programs.
EARLY MANAGEMENT THOUGHT:
MANAGEMENT PIONEERS IN THE FACTORY SYSTEM
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