Scientific Management by Taylor
Fredrick Winslow Taylor ( March 20, 1856 - March 21, 1915) commonly known as Father of Scientific Management started his career as an operator and rose to the position of chief engineer. He conducted various experiments during this process which forms the basis of scientific management. It implies application of scientific principles for studying & identifying management problems.
According to Taylor, Scientific Management is an art of knowing exactly what you want your men to do and seeing that they do it in the best and cheapest way. In Taylors view, if a work is analysed scientifically it will be possible to find one best way to do it.
Hence scientific management is a thoughtful, organized, dual approach towards the job of management against hit or miss or Rule of Thumb.
According to Drucker, The cost of scientific management is the organized study of work, the analysis of work into simplest element & systematic management of workers performance of each element.
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