Business

Taylor’s four principles are as follows:

1. Working by “rule of thumb” should be replaced by the scientific method to study work and determine the most efficient way to perform specific tasks.

2. Workers should be matched to their jobs based on cap...

    Frederick Winslow Taylor was one of the theorists  who started the Scientific Management Movement. In fact, he was the one who published “The principles of Scientific Management” in 1909.

    His main philosophy was that all workers were motivated by money and hence, he had put forward the idea of “a fair day’s pay for a fair day’s work&...

Management of a company may face many challenges and complex situations may arise.

some of the challenges that management may face are listed below.

The need for vision

• New technologies
• Changing economy
• Gl...

A manager's job is varied and complex. They need certain skills to perform the duties of a manager.

Research by Robert Katz found that managers need three essential skills or competencies.

Technical Skills

include knowledge of and proficiency in a certain specialized field; the job-specific knowledge required to perf...

To carry out the different functions, a manager must undertake many different roles. Ten roles have been identified by Henry Mintzberg which are common to the work of all managers and these roles are divided into three groups:

Managers ‘get things done’ – not by doing all jobs themselves but by working with and delegating to other people. Different managers will have different approaches to solving problems and when taking ...