History Of Management

History Of Management - History of Management Management...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
History of Management: Management was first introduced in 1776 by Adam Smith in his book “The wealth of Nations” in which he argued the economic advantages that organizations and society would gain from the division of labor or job specialization. The breakdown of jobs into narrow and repetitive tasks. After this the second important event of industrial revolution took place. During this time, machine power was substituted for human power, making it more economical to manufacture goods in factories rather than at home. These large efficient factories needed managers to forecast denabd, ensure that enough material was on hand to make products, assign tasks to people, direct daily activates, and so forth. There was need for such guide lines or theories to guide managers. Gradually different theories emerges time to time starting with Scientific Management. Main contributors were Fredrick W. Taylor and Frank and Lillian Gilbreth. Fredrick
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 2

History Of Management - History of Management Management...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online