Scientific management means knowing exactly what you want mean to do and seeing that they do it in the best and cheapest way.
Following are Taylor’s principles of scientific management:
(i) Science, not Rule of Thumb : Taylor regarded that there was only one best method to maximise efficiency and this method which could be developed through study and analysis should substitute the ‘Rule of Thumb’ across the organisation.
(ii) Harmony, not Discord : Taylor advocated in favour of establishing complete harmony between the management and the workers and said that both should realize their importance for each other. In order to achieve this objective, Taylor suggested for complete mental revolution on the part of both management as well as workers.
(iii) Cooperation, not Individualism : In place of individualism, there should be perfect cooperation between the workers and the management. It means that competition should be replaced by cooperation and both the management as well as the workers should realize that they are complimentary to each other.
(iv) Development of each and every person to the greatest efficiency and prosperity: Taylor suggested that the concern for efficiency could be built in right from the process of selection of the employees. After selecting a person on scientific basis, work should be assigned on the basis of his physical, mental and intellectual capabilities.
