Management Theories Essay

Adam Smiths The Wealth of Nations discusses the optimum organization of a pin factory this becomes the most famous and prestigious statement of the economic rationale of the factory system and the division of labor. major works of Adam SmithThe Theory of Moral Sentiments (1759)An Inquiry Into the personality and Causes of the Wealth of Nations (1776) Essays on Philosophical Subjects (published posthumously 1795)Lectures on Jurisprudence (published posthumously 1776)Lectures on Rhetoric and Belles LettresFrederick W. Taylor sometimes called the father of scientific management. He was nonpareil of the intellectual leaders of the Efficiency Movement and his ideas, broadly conceived, were highly important in the Progressive Era. The Principles of Scientific Management, published in 1911. His approach is likewise often referred to, as Taylors Principles, or frequently disparagingly, as Taylorism. Taylors scientific management consisted of four principles 1.Replace rule-of-thumb work methods with methods based on a scientific study of the tasks.2.Scientifically select, train, and develop each employee rather than passively going them to train themselves. 3.Provide Detailed instruction and supervision of each worker in the performance of that workers discrete task (Montgomery 1997 250). 4.Divide work around equally between managers and workers, so that the managers apply scientific management principles to proviso the work and the workers actually perform the tasks Taylors contribution to organizational surmiseThis required an organization theory similar for all practical purposes to that advocated by those organizational theorists who followed. These theorists developed principles of management, which included much of Taylors philosophy His model for organization wasclear delineation of authorityresponsibilityseparation of mean from operationsincentive schemes for workersmanagement by exceptiontask long suitMax weberBureaucratic ManagementMax weber is su rmount known as one of the leading scholars and founders of modern sociology, but Weber also accomplished much economic work in the genius of the youngest German Historical School. Eliminate the human intervention during the business process. Webers bureaucratic management consisted of 6 principles1-Roles and regulation should be written.2-Impersonality treatment.3-Division of labor.4-Hierarchical structure.5- representation structure.6-Rationality.Henri FayolHenri Fayol was one of the most influential contributors to modern concepts of management, having proposed that there are louver primary functions of management(1) Planning,(2) Organizing,(3) Commanding,(4) Coordinating, and(5) Controlling