extent which a manager achieves organizational goals
effectively
Doing things right (optimally using resources)
efficiency
Management is a?
Science and arts
Evolved from number of theories
science
Creativity and ingenuity are important traits of a manager
Arts
Creator of Scientific management theory
Frederick Winslow Taylor
Scientific management theory is also known as
Taylorism
what is taylorism?
Focuses on improving economic efficiency and labor productivity
What are the six principle and components of scientific management
1 Scientific study of work methods
2 Standardization
3 Selection and training of workers
4 Incentive system
5 Division of labor and responsibilities
6 Time and motion studies
Scientific study of work methods
standardization
selecting workers based on their abilities and skills to match job requirements
selection and training of workers
Rewards employees for meeting or exceeding performance standard
incentive system
division of labor and responsibilities
time and motion studies
Creator of Administrative management Theory
Henri Fayol
Focuses on the design and management of organizations. Developed by Henri Fayol and Max Weber
Administrative management Theory
Activities with same objective should be directed by one manager using one plan
Unity of direction
Employees must obey and respect
Discipline
Specialization increases output by making employees more efficient
Division of work
managers must have authority to give orders
Authority and responsibility
Each employee should receive orders from only one superior to avoid confusion
Unity of command
Clear chain of command should exist
Scalar Chain
Employees should be fairly compensated
Remuneration