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TAYLORS AND

FAYOLS PRINCIPLES

OF MANAGEMENT

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TAYLORS PRINCIPLES OF

SCIENTIFIC MANAGEMENT

Scientific Management is logical approach towards the solution ofmanagement problems.

It is a art of knowing exactly what you want your men to do and then

seeing that they do it in the best and cheapest way.

It includes:-

1. Scientific study and analysis of work.

2. Scientific selection and training of employees.

3. Standardization of raw material,euipment and wprking conditions.

4. Reasonable remuneration to employees.

5. It is an economical method which makes the best possible use by

integration and co-ordination of available resources.

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Characteristics of Scientific

Management

Scientific Management has the followingcharacteristics:-

Predetermined Objectives Predetermined Plans

Scientific Analysis of plans

Set of rules

Firmness

Work studies

Review of standards

Fixing Responsibility

Effective controls

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PRINCIPLES OF SCIENTIFIC

MANAGEMENT

Scientific study and analysis of work

Co-operation between labor & mgt

Division of responsibility between workers &mgt.

Scientific selection, training & development of

workers Maximum prosperity of employers and

employees

Mental revolution

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TECHNIQUES OF SCIENTIFIC

MANAGEMENT

Work Studies:- Methods study, Motion study, Time

study, Fatigue study

Standardization:- Of Product, raw material, machines,

equipments, methods, working conditions.

Administrative Reorganization-Functional Foremanship

Scientific rate setting-Differential Piece Rate System

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FAYOLS

PRINCIPLES OFMANGEMENT

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Fayol has suggested 14

principles

Division of work

Authority and responsibility

Discipline

Unity of command

Unity of direction

Subordination of individual interest to general interest

Remuneration of employees

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Scalar chain

Centralization

Order

Equity

Stability of tenure of employees

Initiative

Spirit of Co-operation

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Fayols contribution to management

Development of universal principles of management

Clear and acceptable classification of managerial functions

Management as a separate significant fucniton

Sound principles of organisation

Macro approach to management

Stress on human aspect

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POINTS OF

DIFFERENCE

F.W TAYLOR HENRY FAYOL

APPROACH It has micro

approach

It has a macro

approach

SCOPE OF

PRINCIPLES

Principles are

restricted to

production activities

Are applicable in all

kinds of

organizations

HUMAN ASPECT Disregards human

element

Due regards human

element

STRESS Stresses on

efficiency

Stresses on general

administration

ACHIEVEMENT Scientific mgt Administrative mgt

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Thank you

Presented by:- AANCHAL GANDHI

SWATI CHUTTANI

SHAGUN SOOD

MEGHA GUPTA