Question

a) Explain the following principles of Scientific Management: (i) Science, Not Rule of Thumb (ii) Harmony, Not Discord (iii) Development of Each and…

Accepted Answer

(a) (i) Science, Not Rule of Thumb •It states that there is only one best method to maximise efficiency. This method can be developed through scientific study and analysis of each element of a job and should substitute ‘Rule of Thumb’. •The standard method should be followed throughout the organisation. (ii) Harmony, Not Discord •This principle emphasizes that there should be complete harmony between management and workers. This requires ‘Mental revolution’ on the part of both management and workers. • Both management and the workers should transform their thinking. Management should share gains of the company if any with the workers and workers should work hard and be willing to embrace change for the good of the company. (iii) Development of Each and Every Person to His and Her Greatest Efficiency and Prosperity  This principle is concerned with efficiency of employees which could be built in right from the process of employee selection.  The work assigned to employees should suit their capabilities. They should be given the required training to increase their efficiency. Efficient employees would produce more and earn more. This will ensure their greatest efficiency and prosperity for both the company and the workers. OR (b) (i) Providing managers with useful insights into reality  Principles of management provide useful insights into reality by enabling the managers to learn from past mistakes and conserve time by solving recurring problems quickly.  Adherence to the principles will add to their knowledge, ability and understanding of managerial situations and circumstances. (ii) Scientific decisions  Principles of management help in taking scientific decisions because the decisions based on principles are free from bias.  They are based on the objective assessment of the situation (iii) Fulfilling social responsibility  The increased awareness of the public forces businesses to fulfil their social responsibilities.  Management theory and principles have also evolved in response to these demands.

Explain the following principles of Scientific Management:
(i)
Science, Not Rule of Thumb
(ii)
Harmony, Not Discord
(iii)
Development of Each and Every Person to His or Her Greatest
Efficiency and Prosperity

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