Book | The Principles of Scientific Management by FREDERICK WINSLOW TAYLOR, M.E., Sc.D.

Book | The Principles of Scientific Management by FREDERICK WINSLOW TAYLOR, M.E., Sc.D.

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The Principles of Scientific Management

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FUNDAMENTALS OF SCIENTIFIC MANAGEMENT

The principal object of management ought to be to secure the utmost prosperity for the employer, let alone the maximum prosperity for every worker.

The words "maximum prosperity" are used, in their broad sense, to mean not solely massive dividends for the corporate or owner, however the development of each branch of the business to its highest state of excellence, so the prosperity could also be permanent. within the same method maximum prosperity for each employee means not only higher wages than are typically received by men of his class, but, of additional importance still, it conjointly suggests that the development of every man to his state of most efficiency, so he could also be able to do, typically speaking, the very best grade of labor that his natural skills match him, and it more means giving him, once possible, this category of work to do.

it'd appear to be so axiomatic that maximum prosperity for the employer, let alone maximum prosperity for the employee, got to be the 2 leading objects of management, that even to state this reality ought to be unnecessary. And nonetheless there's absolute confidence that, throughout the economic world, an oversized a part of the organization of employers, as well as workers, is for war instead of for peace, which maybe the bulk on either aspect don't believe that it's potential so to rearrange their mutual relations that their interests become identical.

the bulk of those men believe that the basic interests of employees and employers are essentially antagonistic. Scientific management, on the contrary, has for its terribly foundation the firm conviction that actuality interests of the 2 are one and therefore the same; that prosperity for the employer cannot exist through an extended term of years unless it's in the midst of prosperity for the employee, and vice versa; which it is potential to offer the working man what he most wants—high wages—and the leader what he wants—a low labor cost—for his manufactures.

it's hoped that some a minimum of of these who don't feel for every of those objects could also be crystal rectifier to change their views; that some employers, whose perspective toward their workmen has been that of trying to induce the biggest quantity of labor out of them for the littlest possible wages, could be crystal rectifier to check that a additional liberal policy toward their men can pay them better; which a number of those workmen who begrudge a good and even a large profit to their employers, and who feel that each one of the fruits of their labor ought to belong to them, and that those for whom they work and therefore the capital invested with within the business are entitled to very little or nothing, could also be led to change these views.

no one will be found who will deny that in the case of any single individual the best prosperity will exist only once that individual has reached his highest state of efficiency; that is, when he's coming up his largest daily output.

the reality of this reality is additionally utterly clear within the case of 2 men operating along. To illustrate: if you and your working man became so skilled that you simply and he together are creating two pairs of, shoes during a day, whereas your challenger and his workman are making only 1 pair, it's clear that once merchandising your two pairs of shoes you'll pay your workman a lot of higher wages than your competitor who produces only 1 combine of shoes is in a position to pay his man, which there'll still be enough cash left over for you to possess a bigger profit than your competitor.

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