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Management Theory and Practice

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Management Theory and Practice
Name | Jignesh J Bhatt | Programme | PGDBM | Semester | Semester I | G.R. No | | Year of Registration | July 2011 | Study Centre | Mumbai | Subject | Management Theory and Practice |

CASE STUDY: 1

FW Taylor advocated scientific management and Max Weber advocated bureaucracy, with whom do you agree and why? Which is more relevant in today’s business world.
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INFERENCE

FW Taylor and Max Weber have equally been significant contributors towards the theory of Management.

However, Basis the study and research conducted on both the legends of management theory, it can be concluded that an application of management theory of scientific management in today’s business world has higher significance over bureaucracy in all field of business. However, a mixed application of both the theory in appropriate accordance is imperative in today’s business world in specified composition depending on the nature of management.

CASE STUDY

FW Taylor – Scientific Management

FW Taylor, very well known in the management literature as “The Father of Scientific Management”. Starting his career as an apprentice in a small machinery making shop,
FW Taylor observed that his low production was largely on account of the fact that laborers practiced traditional methods of production. The techniques of management were all learned by “Trial and Error” approach. Nobody every paid any attention to discovering the exact nature of the work to be done or the best way of doing it. Hence he developed a motto which is being quoted as “a fair day’s work for a fair day’s wage”.

As per Taylor’s theory of scientific management, Planning and doing are two separate jobs and the job is driven in autocratic manner where responsibilities are shared by managers and workers.

Few principles laid down by FW Taylor in his Scientific Management approach are as follows: I. Managers and workers share responsibility for

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