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  • Essay / Modern management theory

    Scientific management theory is the theory that you should motivate workers to work harder and produce better results by observing their work methods over a period of time and then showing them better and more efficient ways of working or to accomplish a task. Patrick Windslow Taylor conducted a study on how his men loaded pig iron onto a rail car. His study confirmed that instead of each man loading 12 ½ tons per day he should be able to load 47 ½ tons per day, he had to incentivize his men to increase their workload, but their wages would only be increased by 60%. and not 300%. which was the increase in productivity. He believed that the gains from increased productivity should be reaped by the end consumer as well as the workers. It was also observed that the tasks of the workers would be adapted to their skills and abilities. Furthermore, the study of working methods has shown that cooperation between workers achieves better results. The benefits of the industrial revolution would be felt by all members of society. Tasks previously done manually would now be done by machine. (Center, 2005)Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay Overview of Administrative Management Theory Administrative theory or better known as Henri Fayol's 14 Management Principles is a structured way of managing people based on years of research. This is considered one of the key management tools of its time. 14 management principles are statements based on fundamental truths. These management principles serve as a guideline for decision making and management actions. They are developed from observations and analyzes of events encountered in practice by managers. The 14 management principles were developed after years of studying businesses and people. The following principles: Division of labor: When employees are specialized, output can increase because they become increasingly competent and efficient. Authority, managers must have the power to give orders, but they must also keep in mind that with authority comes responsibility. Discipline must be respected in organizations, but the methods to achieve this can vary. Unity of command, employees should have only one direct supervisor. Unity of direction, teams with the same goal should work under the direction of a single manager, using a single plan. This will ensure that the action is properly coordinated. Subordination of individual interests to the general interest, the interests of an employee must not become more important than those of the group. This includes managers. Remuneration. Employee satisfaction depends on fair compensation for everyone. This includes financial and non-financial compensation. Centralization, this principle refers to the proximity of employees to the decision-making process. It is important to aim for an appropriate balance. Scalar chain, employees must be aware of their position in the organization's hierarchy or chain of command. Neat, workplace facilities should be clean, tidy and safe for employees. Everything must have its place. Fairness, managers must be fair to staff at all times, both maintaining discipline where necessary and acting with kindness where appropriate. Stability of staff seniority, managers should strive to minimize.