MGM400H5 Chapter Notes -Frederick Winslow Taylor, Scientific Management
Document Summary
Taylor was the founder of the movement known as scientific management". The principal object of management should be to secure the maximum prosperity for the employer, coupled with the maximum prosperity of each employee . For the employer, maximum prosperity means not just large profits in the short term, but the development of all aspects of the enterprise to a state of permanent prosperity. For employees, maximum prosperity means not just immediate higher wages, but personal development so that they may perform efficiently in the highest grade of work for which their natural abilities fit them. The mutual interdependence of management and workers, and the necessity of their working together towards the common aim of increased prosperity for all, seemed completely self- evident to taylore. He was thus driven to ask: why is there so much antagonism and inefficiency. Taylor conceived it to be the aim of scientific management to overcome these obstacles.
