TAYLOR’S SCIENTIFIC MANAGEMENT

Dimitrios N. Koumparoulis () and Dionysios Solomos ()
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Dimitrios N. Koumparoulis: UGSM-Monarch Business School Switzerland

Review of General Management, 2012, vol. 16, issue 2, 149-159

Abstract: Frederick Taylor is known as the father of modern management. Taylor’s scientific management revolutionized industry and helped shape the modern organization. Scientific management revolutionized industry because it explains how to increase production by working smarter, not harder. Taylor’s ideas were not limited to only serving the company’s bottom line but from the increase in productivity benefited the workforce as well. The principles of scientific management have become a machine of universal efficiency since there was a widespread use of scientific management worldwide and beyond the scope of the workplace. Taylor’s theories on using science and statistical facts have become a guideline that many have followed to great success.

Keywords: Frederic Taylor; scientific management; productivity; organization; output (search for similar items in EconPapers)
JEL-codes: M10 M11 (search for similar items in EconPapers)
Date: 2012
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