Taylor's Scientific Management

• Taylor's scientific management theory

  • Based on the financial end of motivation theories
  • Involves monitoring and observing workers to come up with the best way of completing a job efficiently
  • Emphasizes output per day and is suitable for manufacturing
  • Involves developing clear procedures and guidebooks for completing tasks efficiently
  • Requires providing training to employees based on the developed procedures
  • Aims to increase efficiency by standardizing work methods and ensuring all employees are skilled in the same approach
  • Involves setting realistic targets for output per day based on the developed best practices
  • Suggests providing training for workers falling below the output target and bonuses for those exceeding it
  • Believes in motivating workers through monetary incentives like piece-rate pay
• Taylor believed that money is a significant motivator for workers
• Steps in Taylor's scientific management

  1. Monitor and observe workers

  2. Collect data

  3. Develop the best way of completing the job

  4. Establish clear procedures and guidebooks

  5. Provide training based on the procedures

  6. Set realistic output targets

  7. Provide training for underperforming workers and bonuses for those exceeding targets
• Limitation of Taylor's scientific management model: It focuses too much on monetary incentives and neglects other important factors like innovation and creativity, which are crucial in the knowledge economy