History 1807 Lecture Notes - Lecture 12: Frederick Winslow Taylor, James Burnham, Gardiner Means

• School: Western University
• Department: History
• Course: History 1807
• Professor: Jeffery Vacante

Document Summary

Shift towards a professional brand of people brought in to run big companies: shareholders and owners do not run these corporations. State begins to look a lot like corporations. The managerial revolution: the growing size and complexity of companies led to a revolution in the management of these firms; increasingly decentralized, firms came to be run by professional managers. Scientific management: part of a large efficiency movement, scientific management was an attempt to treat labour in a scientific manner in order to extract greater efficiencies and profits from the worker. Frederick winslow taylor: (1856-1915) the key theorist of scientific management: (cid:862)the pri(cid:374)(cid:272)iple of (cid:272)ie(cid:374)tifi(cid:272) ma(cid:374)age(cid:373)e(cid:374)t(cid:863) (cid:894)1911(cid:895, (cid:862)ti(cid:373)e-and-(cid:374)otio(cid:374) study(cid:863, stopwatch studies, the cult of efficiency, deskilling of labour. Sexual tension; men jobs could be replaced with women: degraded men, pay women less. Do(cid:374)"t ha(cid:448)e to e(cid:448)e(cid:374) k(cid:374)o(cid:449) (cid:449)hat the (cid:272)o(cid:373)pa(cid:374)y produ(cid:272)es to (cid:272)o(cid:373)e i(cid:374) as a professio(cid:374)al manager.