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10227 Features of Management

Management is an activity concerned with guiding human and physical resources such that organizational goals can be achieved. Nature of management can be highlighted as: – Management is Goal-Oriented: The success of any management activity is assessed by its achievement of the predetermined goals or objective. Management is a purposeful activity. It is a tool […]

10237 Features of Principles of Management

Principles of Management are Universal Management principles are applicable to all kinds of organizations – business & non business. They are applicable to all levels of management. Every organization must make best possible use by the use of management principles. Therefore, they are universal or all pervasive. Principles of Management are Flexible Management principles are […]

10236 Management as a Science

Science is a systematic body of knowledge pertaining to a specific field of study that contains general facts which explains a phenomenon. It establishes cause and effect relationship between two or more variables and underlines the principles governing their relationship. These principles are developed through scientific method of observation and verification through testing. Science is […]

10233 Henri Fayols 14 Principles of Management

A principle refers to a fundamental truth. It establishes cause and effect relationship between two or more variables under given situation. They serve as a guide to thought & actions. Therefore, management principles are the statements of fundamental truth based on logic which provides guidelines for managerial decision making and actions. These principles are derived: […]

10223 Management as an Activity

Like various other activities performed by human beings such as writing, playing, eating, cooking etc, management is also an activity because a manager is one who accomplishes the objectives by directing the efforts of others. According to Koontz, “Management is what a manager does”. Management as an activity includes: Informational activities – In the functioning […]

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  1. Time Study

    1. It is a technique which enables the manager to ascertain standard time taken for performing a specified job.
    2. Every job or every part of it is studied in detail.
    3. This technique is based on the study of an average worker having reasonable skill and ability.
    4. Average worker is selected and assigned the job and then with the help of a stop watch, time is ascertained for performing that particular job.
    5. Taylor maintained that Fair day’s work should be determined through observations, experiment and analysis by keeping in view an average worker.

        Standard Time × Working Hours = Fair Day’s Work

  2. Motion Study

    1. In this study, movement of body and limbs required to perform a job are closely observed.
    2. In other words, it refers to the study of movement of an operator on machine involved in a particular task.
    3. The purpose of motion study is to eliminate useless motions and determine the bet way of doing the job.
    4. By undertaking motion study an attempt is made to know whether some elements of a job can be eliminated combined or their sequence can be changed to achieve necessary rhythm.
    5. Motion study increases the efficiency and productivity of workers by cutting down all wasteful motions.
  3. Functional Foremanship

    1. Taylor advocated functional foremanship for achieving ultimate specification.
    2. This technique was developed to improve the quality of work as single supervisor may not be an expert in all the aspects of the work.
    3. Therefore workers are to be supervised by specialist foreman.
    4. The scheme of functional foremanship is an extension of principle pf specialization at the supervisory level.
    5. Taylor advocated appointment of 8 foramen, 4 at the planning level & other 4 at implementation level.
    6. The names & function of these specialist foremen are: -
      • Instruction card clerk concerned with tagging down of instructions according to which workers are required to perform their job
      • Time & cost clerk is concerned with setting a time table for doing a job & specifying the material and labor cost involved in it.
      • Route clerk determines the route through which raw materials has to be passed.
      • Shop Disciplinarians are concerned with making rules and regulations to ensure discipline in the organization.
      • Gang boss makes the arrangement of workers, machines, tools, workers etc.
      • Speed boss concerned with maintaining the speed and to remove delays in the production process.
      • Repair boss concerned with maintenance of machine, tools and equipments.
      • Inspector is concerned with maintaining the quality of product.
  4. Standardization

    1. It implies the physical attitude of products should be such that it meets the requirements & needs of customers.
    2. Taylor advocated that tools & equipments as well as working conditions should be standardized to achieve standard output from workers.
    3. Standardization is a means of achieving economics of production.
    4. It seems to ensure -
      • The line of product is restricted to predetermined type, form, design, size, weight, quality. Etc
      • There is manufacture of identical parts and components.
      • Quality & standards have been maintained.
      • Standard of performance are established for workers at all levels.
  5. Differential Piece Wage Plan

    1. This tech of wage payment is based on efficiency of worker.
    2. The efficient workers are paid more wages than inefficient one.
    3. On the other hand, those workers who produce less than standard no. of pieces are paid wages at lower rate than prevailing rate i.e. worker is penalized for his inefficiency.
    4. This system is a source of incentive to workers who improving their efficiency in order to get more wages.
    5. It also encourages inefficient workers to improve their performance and achieve their standards.
    6. It leads to mass production which minimizes cost and maximizes profits.
  6. Other Techniques

    1. Various other techniques have been developed to create ordeal relationship between management and workers and also to create better understanding on part of works.
    2. Those includes use of instruction cards, strict rules & regulations, graphs, slides, charts etc, so as to increase efficiency of workers.

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