"Scientific Management Theory By FW Taylor : Optimizing Efficiency and Productivity in the Workplace"
The emergence of scientific management theory during a period of industrial expansion and crisis is widely regarded as a significant breakthrough in the field of industrial management. The Western world, grappling with the challenges posed by the Industrial Revolution and the subsequent First World War, faced issues such as management crises, resource scarcity, and business complexity. Consequently, there arose a pressing need for an efficient science of management. Scientific management theory arose to address this need by offering a technique that could ensure maximum efficiency and productivity while optimizing the utilization of resources and time. In essence, it revolutionized industrial relations by advocating for the application of scientific principles and technology to maximize productivity in industries. This approach had the potential to increase earnings for both workers and employers while minimizing conflicts between them. While the term "scientific management"...