Which theory is better in terms of feasibility and pragnatism?
Answers
The scientific theory of management is better in terms of feasibility and pragmatism.
There are four general management theories. They are:
1. Frederick Taylor - Theory of Scientific Management
2. Henri Fayol - Administrative Management Theory
3. Max Weber - Bureaucratic Theory of Management
4. Elton Mayo - Behavioral Theory of Management (Hawthorne Effect)
Some of the current business organizations which follow the scientific management theory are:
1. Toyota Motor Corporation - Influenced by Taylor's approach Toyota's production system produces quality products and at the same time increases the efficiency of its workers.
2. McDonalds - Scientific management is followed and the layout of equipments are measured and calculated to maximize efficiency. They are similar in all the outlets.
3. Burger King - Taylor's theory guides and supports the human resources department, advertising and finances of Burger King.
4. Ford - The scientific management theory enabled it to develop the assembly line and achieve the goal of making car travel available to the masses.