GMS 200 Lecture Notes - Lecture 5: Henri Fayol, Egyptian Pyramids, Scientific Management

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Horatio Morgan

Document Summary

Goes far back to the egypian pyramids in 5000 bc in terms of administraion and organizaional skills. 3000 bc: babylon- sumerian priests have writen records of business transacions and management pracices. Management sciences & professional management (managers): 1900 present. Scieniic management: to carefully select and train workers and to receive supervisory support. It is also to create standards, rules and regulaions. In a way, it is a more systemaic approach to management. Administraive principles: there are 14 principles developed by the french engineer. Bureaucraic organizaion: the bureaucraic organizaion paved its way in because of how levels and status became something common in the german society. Because of that he created logical, orderly and raional organizaional theory or form. Assumpions of classical approach: people will raionally consider available opportuniies and do whatever is necessary to achieve the greatest personal economic gain. Key driver behind the development of management as a science.