Meaning:
Scientific Management, given by F.W. Taylor, emphasizes using scientific methods to improve efficiency and productivity.
Principles of Scientific Management:
Science, not Rule of Thumb: Decisions should be based on scientific study and analysis, not on guesswork.
Harmony, not Discord: There should be cooperation between workers and management, not conflict.
Cooperation, not Individualism: Both management and workers should work as a team with mutual trust.
Maximum Output, not Restricted Output: Focus on productivity and efficiency rather than limiting production.
Development of Workers: Workers should be scientifically selected, trained, and developed to enhance efficiency.
Conclusion:
Taylor’s principles laid the foundation for modern management practices by introducing systematic and scientific approaches to work.