In a broader sense, Taylor principles of management is a set of theories that dismisses those traditional ways and rule-of-thumb techniques of managing the workforce. It accepts the application of scientific methods to provide solutions to managerial problems.
It works based on the five principles of management. These include:
Scientific ways, instead rule-of-thumb method: Taylor believed that instead of using conventional methods, all industries should adopt the scientific techniques for essential management decisions. According to him, even the smallest activity can be done through proper scientific planning instead of rule-of-thumb.
Now, what is a rule-of-thumb method? It is a principle that provides simple advice that should be followed in almost all situations. This method develops as a result of experience instead of proper technical research.
Under Taylor’s scientific management theory, decisions are made based on the application of these methods to a problem. He believed that management should make decisions based on cause and effect relationship instead of traditional opinions.
Harmony without any discord: F.W. Taylor indicated that there should be complete harmony between management and its labourers. He believed that it would increase the workflow in an organisation. A clear understanding can bring efficiency in work and create a harmonious relationship between the two components.
According to him, an organisation can increase its productivity if it reduces disputes with the labours. Workers should not be over-burdened with the workload, and businesses should understand their requirements.
Mental Revolution: Under this principle, both the management and the workers should change their mental approach towards each other. The adoption of scientific methods would bring about a complete shift in the attitude of both the organisation and its employees. He believed that without a mental revolution, there is no scientific management.
The most significant change can take place when an organisation matches their vision with workers. To him, a business can increase its potential when both the top and lower levels of management share similar perspectives.
Coordination between management and workers: Under the Taylor scientific management, there should be complete cooperation between the administration and its workers. It can result in optimum output when a business goes hand-in-hand with its employees.
Both the managers and workers should understand each other’s requirements and work in collaboration. Taylor believed that an individual alone could not optimise the efficiency in work. It requires teamwork, and proper coordination between the different layers of management to increase productivity.
Optimum output: The principle states that any organisation’s growth depends on the skills of its workers. Thus, scientific approach believes in proper staffing and employee training to maximise the output.
The aim of both the management and its workers should be optimising output. Maximum output results in increasing the profits for any business, and it will ensure benefits to both the administration and its workers.
Taylor’s principles of management are known worldwide due to its undeniable significance in the field of management. Some reasons have been explained below:
These principles direct businesses to properly allocate its resources and earn maximum profits.
It ensures quality management and allows a business to strengthen its relations with employees.
These guidelines ensure that a business can increase its productivity by scientifically directing all employees toward the desired objective.
It is a management technique that focuses on cause and effect relationships instead of traditional opinions and prejudices to increase efficiency in work.
The management in today’s world has an adherence from the scientific techniques postulated by F.W. Taylor. These principles have universal acceptance, and numerous business activities can be based on this method.