(Doc) Management Theories : Assignment

Running head: MANAGEMENT THEORIES 1
Management Theories
Student’s Name
Institution Affiliation
Date

MANAGEMENT THEORIES 2
Table of Contents
Fredrick Taylor management theory
Components of Taylor’s theory
Application of Taylor’s Theory
Henri Fayol management theory
14 principles by Fayol
Bureaucratic theory by Max Weber
Features of Bureaucracy
Benefits of bureaucracy
Limitations of bureaucracy
Application of bureaucracy
References

MANAGEMENT THEORIES 3
Fredrick Taylor management theory
The scientific management theory that was developed by Fredrick Taylor also referred to
as the classical management theory focuses on efficiency and is similar to Max Weber’s theory
(Krenn, 2018). Conversely, as per Taylor’s opinion, employers should be on the frontline
rewarding employees for increased productivity as opposed to scolding such workers for every
minor mistake made. Taylor once said, “the primary objective of management should be to
safeguard the optimal prosperity for the employer coupled, with optimal prosperity for each
employee.” The context in which optimal prosperity has been used means not only huge profits
for the proprietor or company but also the progress of every department of the enterprise to the
highest degree of excellence such that prosperity is permanent (Krenn, 2018). Though the
theory facilitates the development of efficient employees, it has its flaws. Most of these subtasks
are menial making workers feel as if they are part of an assembly line as opposed to the
innovative additions they make in their teams. However, the concept of productivity is a valuable
consequence of this practice and with regards to the kind of industry, the theory could be a great
asset to modern businesses.
Taylor’s theory encompasses four main areas.
Assignments are broken down into subtasks
As opposed to assigning the whole project to one individual and allowing such an
individual adequate time to complete the task, managers divide the larger tasks into smaller tasks
(Krenn, 2018). The subtasks are aimed at making the process look more organized and efficient

MANAGEMENT THEORIES 4
as there are multiple workers working on one project with each worker taking charge of their
piece.
Responsibilities are delegated and workers are trained
The executives evaluate that the most efficient method of accomplishing a given task is to
delegate subtasks only to workers that have the relevant skills and abilities. Such workers are
then trained by management. The roles played by workers in this context tend to be specific and
fixed and their tasks are routine and basic. In most times, workers feel insignificant as they
complete the same task hours on daily basis. However, according to Taylor, each employee plays
a vital role in ensuring the success of the company.
Monitoring of performance
It is the responsibility of supervisors to ensure that each employee under them perform
their duties efficiently and in the process, if a more productive process gets discovered,
employees are retrained to implement the practice in their work (Krenn, 2018). Incentives in
this context are high as employees repeat the same mundane chores. Employees here are
motivated to deliver quality work since they are rewarded financially with regards to their
performance. The more efficient employees are, the higher their wages are set.
Work allocation between the managers and workers
Most enterprises have different categories of employees ranging from supervisors to part-
timers. Typically, the level of experience and the drive of employees are the prerequisites for
landing in an executive position. Taylor had the belief in an identical hierarchy of three ranks
where the most powerful employees were ranked top. Each level in this scenario is assigned
exact responsibilities with detailed guidelines that are specific to each level. Workers on lower