Business Studies, asked by Divye2190, 1 year ago

What are the similarities between F W Taylor and Henry Fayol ?

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Answered by nandu95
10
hi friend here is your answer _______,
There are certain similarities between the management thoughts of these two scholars. They are listed below;
1) Both aimed at improving the then prevailing conditions of Management and putting it on a rational basis. Taylor used the expression 'scientific management'; Fayol 'A theory of Administration'. They were at one in the scientific enthusiasm which they bought to bear on practical problems. the science of management is indebted to both.
2) Both were engineers by profession and developed ideas and principles on management from their personal experiences, that is, the approach of both was practical.
3) Both were 'scientists before managers'. Taylor experimented with high-speed Steel, the technique of cutting metal and metals melting. Fayol's early researches were directed to shafting, timbering and the geological structure of the mines.
4) Both recognized to a limited extent the importance of the human factor and of enthusing the workers. 'No system of Management should be applied in a wooden way', observed Taylor. 'The manager can quickly transform men with latest abilities into employees of the first water, pointed out Fayol.
Both, however, thought mainly of financial incentives for the purpose of improving the productivity of labour. Taylor evolved a differential piece rate system. Fayol suggested profit sharing, and
5) Both refer to the universal of Management, though Fayol was more persistent about it.
Answered by Anonymous
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