Scientific Management (Principles and Techniques) given by FW Taylor !

After watching this video you will be able to understand the following contents :-
Scientific Management Principles :

1.Science, not rule of thumb
2.Harmony not discord
3.Cooperation, not individualism
4.Development of each and every person to his/her greatest efficiency and prosperity.

Scientific Management Techniques :

1. Functional Foremanship
2. Standardisation and Simplification of work
3. Work study( which includes-Fatigue, Time, Motion & Method study)
4. Differential piece wage system.



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