Frederick Winslow Taylor: Business Management

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a person with relevant contributions to the world of management.
Frederick Taylor is affectionately referred to as the “Father of Scientific
Management.” The modern systems of manufacturing and management would not be
the examples of efficiency that they are today, without the work of Taylor.
Frederick Taylor was instrumental in bringing industry out of the dark ages by
beginning to revolutionize the way work was approached. Taylor was able to
increase wages, productivity and reduce per piece costs at the same time.
Taylor's work was eventually adopted in a wide array of applications. Taylor's
ideas had a significant influence on the industrial life of all modernized
countries. Even Lenin went as far as to publish an article in Pravda , “Raising
the Productivity of Labour,” based on the writings of Taylor. Thus Taylor
changed the way the world conducted business. Taylor's work was an extension
of technology. It was a marriage of human work and technology. ...

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go to the school in New Jersey to take his exams. In June of 1883, Taylor
graduated with a Mechanical Engineering degree. He subsequently joined the
American Society of Mechanical Engineers (ASME).

Midvale Steel Company

The Midvale Steel Company was part of the post Civil War expansion of
industrialized Philadelphia. They made steel railroad tires. Due to poor
management, Midvale failed in 1873. Fortunately for Taylor, the company was sold
and prospered under the direction of the new owners. There were two reasons for
the success of the company. The first was that the company was able to improve
their scientific processes. The second reason was they were to receive
contracts ...

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