Benefits Of Scientific Management Theory

Managing a business can be a tedious and stressful job. A business owner must factor in multiple business management successes ranging from marketing, finance, production, distribution, research and development, government regulations, and labor. They also must factor in multiple management theories that works best for their business. "Management theory is a “collection of ideas which set forth general rules on how to manage a business or organization. Management theory addresses how managers and supervisors relate to their organizations in the knowledge of its goals, the implementation of effective means to get the goals accomplished and how to motivate employees to perform to the highest standard" (Management theory, 2016).

Management theories

Implementing these theories can bring success and to a business. The scientific management theory was introduced in corporate America in the 20th century and has enhanced management way of thinking. The theory was put into place by Frederick Winslow Taylor to respond to the workers producing less productivity in the longest amount of time. Taylor proposed an idea that all managers should measure their worker 's productivity and set higher targets for workers to achieve. How scientific management theory works is, a manager will walk around taking notes and timing the workes to carry out a time and motion study on workers. The process eventually led to a system where workers are paid for their output of work not for their

It reduces the cost of production, offers training of employees which leads to an increase in efficiency and a better workforce, a peaceful relationship among workers and management. For workers, it provides better work conditions which reduces fatigue, higher wages for the higher productivity of products, and training that increases skills, knowledge and competency. For society, it offers quality products at lower cost, improve standard of living, technological development, and increased productivity in the country.

Another good theory to implement into a business is the behavioral management theory. It relies on the notion that managers and workers will have a better understanding of each other and treat employees as important aspects of the company. Making employees feel appreciated and needed tend to produce harder workers who produce better quality products. When morale is low in a company and employees do not feel appreciated they tend to produce lower quality products and not work to their full