Scientific Management
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Scientific management is the improvement of work productivity by managing labor flow, which brings economic efficiency. Employers offer training to their workers to make them conversant with what the work entails. After training employees, employers allocate each worker with a particular task whereby the worker has the skill set for performing that job. Labor specialization helps improve the productivity of the firm by increasing output. Scientific management involves monitoring worker performance, and if an employee has low performance, they are subject to retraining or given instructions on how to do a specific task. In terms of wages, workers should not be over or underpaid but paid according to their work performance. The theory does not focus on worker satisfaction but majorly focuses on worker’s productivity since increased output was of primary concern to the employer.
Scientific management is vital in business management. Most businesses using this theory have succeeded due to better management through worker incentive plans, work-study, rest hours for workers, among many others. Besides, there is a proper allocation of resources in the workplace. It helps in removing and reducing time wastage in performing work activities. Laborers are paid fairly according to the amount of work they have done throughout the day (Taylor, 1998). Through labor specialization, workers are given tasks which they are useful in. For instance, people who are deal with planning and execution belong to different departments in the firm. Therefore through worker specialization, the firm experiences increased productivity since employees have perfected their roles. Increased firm productivity due to the optimum allocation of resources, better management, and worker specialization makes the firm gain high profits, and workers’ wages increases. Hence, the workers are motivated to extra hard. It also improves the living standards of individuals through increased wages since the firm is making greater profits, and can increase the workers’ salaries (Taylor, 1998). It promotes industrial prosperity in a country since industries have high productivity, profits, and salaries, creating the right image for the country in the international market.
Scientific management has offered vital principles such as time study, performance evaluations for workers, formulation of sales and production goals, organizational charts. Performance evaluations help managers identify underperforming workers below the standard rate to take the necessary actions, such as retraining. For those who have good performance over the standard rate, managers give them bonuses that motivate them to continue with the same trend. Besides, performance evaluations help managers to reassign workers to jobs that best suit them. Through time study, managers can record time and keep track of job operations. Managers can make decisions if certain operations in the industry are lagging behind the recommended time. Industry managers formulate sales and production goals, which are vital for the success of an industry. They look at how the industry is performing, and through this, they formulate realistic and achievable goals. Today’s companies have organization charts showing how the company hierarchy is structured. An industry’s management department uses the charts for planning and managing. They show how employee roles in the industry help employees apprehend how they fit in the organization and improves the company’s’ line of communication (Su, 2017).
Allocating time for resting for workers to ensure they are not overworked. Giving bonuses to employees who perform above the standard rate will motivate both the underperforming and overperforming workers to improve their productivity. Allocating work according to an individual’s skill set to ensure there is specialization. In general, scientific management has made the business grow and expand. Workers can improve their living standards through increased wages. Scientific management is an excellent tool for economic progress.
References
Taylor, F. W. (1998). The principles of scientific management. 1911.
Su, Y. (2017). Taylor scientific management theory carding and significance of organization management. Social Sciences, 6(4), 102-107.