Why do werequire measurement in management?
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MANAGEMENT is one of the most successful industries of the past century. In 1914 it was a mere infant. The Harvard Business School (HBS) was just six years old. Management literature consisted of Frederick Taylor’s “The Principles of Scientific Management” (1911) and a few other scraps. Today it is a loud-mouthed adult. A quarter of American graduate students study business. Some of the world’s most profitable businesses peddle the modern equivalent of Taylor’s “Principles”.
MANAGEMENT is one of the most successful industries of the past century. In 1914 it was a mere infant. The Harvard Business School (HBS) was just six years old. Management literature consisted of Frederick Taylor’s “The Principles of Scientific Management” (1911) and a few other scraps. Today it is a loud-mouthed adult. A quarter of American graduate students study business. Some of the world’s most profitable businesses peddle the modern equivalent of Taylor’s “Principles”.
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