Chapter 2 Principles of Management

Introduction

Principles of management are broad guidelines that help managers make decisions and shape organizational behavior. Companies like Toyota Motor Corporation follow well-defined principles to guide their global operations, such as respecting laws, cultures, and fostering innovation. This chapter explores the contributions of F.W. Taylor and Henri Fayol, key figures in classical management theory, and the evolution, nature, and significance of management principles.

Example: Toyota’s guiding principles emphasize fair corporate activities, respect for local cultures, and innovative technologies, aligning with their global vision for 2010.

Evolution of Management Principles

Management thought has evolved through various phases, each contributing unique perspectives:

Principles of Management: The Concept

A managerial principle is a broad, general guideline for decision-making and behavior. Unlike rigid scientific principles, management principles are flexible, dealing with dynamic human behavior and evolving technology.

Example: A manager deciding on employee promotions may consider seniority (principle), but the process involves specific steps (technique).

Nature of Principles of Management

Significance of Principles of Management

Example: Shri Mahila Griha Udyog Lijjat Papad combines business with social responsibility, empowering over 45,000 women through principled management.

Taylor’s Scientific Management

Frederick Winslow Taylor (1856-1915), an American mechanical engineer, introduced Scientific Management to improve industrial efficiency by finding the “one best way” to perform tasks. His work focused on the shop floor, emphasizing time and motion studies.

Principles of Scientific Management

Techniques of Scientific Management

Example: At Bethlehem Steel, Taylor increased pig iron handling from 12.5 to 47 tons per worker per day, saving costs and increasing wages by 60%.

Fayol’s Principles of Management

Henri Fayol (1841-1925), a French mining engineer, developed 14 principles of management focusing on administrative efficiency and top-level management.

Example: Fayol’s unity of direction ensures a company’s car division operates independently from its motorcycle division, avoiding overlap.

Fayol vs. Taylor: A Comparison

While complementary, Taylor and Fayol’s contributions differ in focus and approach:

Basis Henri Fayol F.W. Taylor
Perspective Top-level management Shop floor level
Unity of Command Strong proponent Not emphasized; used functional foremanship
Applicability Universally applicable Specialized situations
Basis of Formation Personal experience Observations and experimentation
Focus Overall administration Increasing productivity
Personality Practitioner Scientist
Expression General Theory of Administration Scientific Management

Relevance in Contemporary Business

Taylor and Fayol’s principles remain relevant, though adapted to modern contexts. Taylor’s techniques like time study and standardization underpin lean manufacturing and Six Sigma. Fayol’s principles, such as decentralization and initiative, align with flat organizational structures and employee empowerment in high-tech economies.

Example: Companies like Toyota use lean manufacturing (inspired by Taylor) and employee suggestion systems (aligned with Fayol’s initiative) to stay competitive.

Key Terms

Summary

Principles of management are flexible guidelines for decision-making, formed by practice and experimentation. They are universal, behavioral, and contingent, aiding managers in achieving efficiency, adapting to changes, and fulfilling social responsibilities. Taylor’s Scientific Management focuses on shop-floor productivity through principles like science over rule of thumb and techniques like functional foremanship. Fayol’s 14 principles emphasize administrative efficiency, covering division of work, unity of command, and esprit de corps. Both contributions are complementary, with Taylor targeting workers and Fayol focusing on managers, remaining relevant in modern business through adaptations like lean manufacturing and employee empowerment.