21129 Study Guide - Final Guide: Power Machines, Knowledge Management, Knowledge Power
Document Summary
Lecture 2 foundations of management and organisations. Direct control by owner master craftsman. Knowledge of means of production (metal fabrication, barrel making, carpentry, sewing, tailoring) Industrial strategy (for instance colbert in france, 17th century) A united organisation or sometimes a federation of independent workshops. The organisation of the army and the government. Metallurgy study of physical and chemical behaviour of metal and its elements. If business failed, personal liability (finance prison) avoided. Management is the process of pursuing organisational objectives through: Aggregation of resources (people, things, knowledge, technology) Principles of vertical (hierarchy) and horizontal division of labour. Bureaucracy and scientific organisation: max weber, f. w. Human relations: elton mayo, mary parker follet. Describes ideal organisations as rational-legal bureaucracy: legal: submission to rules and procedures, rational: predictable, non-arbitrary, fair: right of appeal, negatives: depersonalization and demystification. Taylor: worker and then engineer, studies productivity, becomes a consultant. Principles of scientific management: time and motion studies, specialisation of work.