Pawan is working as a Production Manager in CFL Ltd. which manufactures CFL bulbs. There is no class -conflict between the management and workers. The working conditions are very good. The company is earning huge profits. As a policy, the management shares the profits earned with the workers because they believe in the prosperity of the employees. a) Identify the principle of management described in the above paragraph. b) Name the other principle related to it
Answers
Principles of production management
Explanation:
(a) Goodwill is not discord which advocates that there should be perfect harmony between the management and the workers.
To achieve this, Taylor called for a complete mental revolution on the part of both the management and the workers.
Principles of production management
(i) Decisions should be made based on facts developed by science, not a rule of thumb, by the application of scientific methods.
(ii) There should be harmony, not discord, between the management and the workers. The mental revolution was proposed to achieve harmony.
(iii) There should be cooperation, not individualism, between workers and management.
(b) Values which the company wishes to communicate to society:
(i) Sensitivity to the environment
(ii) Good behavior in human interaction
Taylor's Techniques of Scientific Management
(i) Work-Study Technique FW Taylor conducted many experiments in different fields of production.
Motion study It is the analysis of physical activity required to perform a task.
Method study refers to identifying the most appropriate way to perform a particular activity.