📖 generic · 12th TN - English Medium · COMMERCE · Page 18definition

1. Science, Not Rule of Thumb:

Chapter 1: Chapter 1 · COMMERCE

. Science, Not Rule of Thumb: In order to increase organisational efficiency, the ‘Rule of Thumb’ method should be substituted by the methods developed through scientific analysis of work. Rule of Thumb means decisions taken by manager as per their personal judgments. According to Taylor, even a small production activity like loading iron sheets into box cars can be scientifically planned.

This will help in saving time as well as human energy. Decisions should be based on scientific enquiry with cause and effect relationships. Planning Process of Management Process End Results Input Goals Outputs . Men & Women .Machinery .Materials .Money .Resources Direcng Organising Fundamental M.

Funcons (Process of Management) Controlling Inputs Basic Resources Outputs Stated Objecves 12th Commerce Unit - - . . AM attitude (f) sense of discipline (g) sincerity etc. Management should always be ready to share the gains of the company with the workers and the latter should provide their full cooperation and hard work for achieving organizational goals.

Group action with mutual-trust and understanding should be perfect understanding the focus of working. This principle requires that there should be perfect understanding between the management and workers and both should feel that they are part of same family. It helps to produce synergy effect since both management and workers work in unison. For example, in most of the Japanese companies, paternalistic style of management is in practice and there is complete openness between workers and the management.

Usually, workers don‘t go on strike but, if at all they do so, they just wear a black badge and work even more than the normal hours just to impress upon the management that their focus is on their demands as well as organisational objectives.

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