Comparison between Taylor and Fayol Approach for Principles of Management

1. Comparison between Taylor and Fayol Approach for Principles of Management. F.W.Taylor and Henri Fayol are associated with the classical management theory. Both of them contributed immensely towards the study of management as a discipline. The principles of Taylor and Fayol are mutually complementary to each other in the following terms: Comparison Chart – Comparison between Taylor and Fayol Approach BASIS FOR COMPARISON HENRY FAYOL F.W. TAYLOR Henry Fayol, is a father of modern management who laid down fourteen principles of management, for improving overall administration. F.W. Taylor, is a father of scientific management who introduced four principles of management, for increasing overall productivity. Meaning Concept General theory of administration Scientific Management Emphasis Top level management Low level management Applies to specialized organizations only. Applicability Universally applicable Basis of formation Personal Experience Observation and Experimentation Orientation Managerial function Production and Engineering System of Wage Payment Sharing of profit with managers. Differential Payment System Approach Manager’s approach Engineer’s approach Watch the video for Comparison between Taylor and Fayol Approach for Principles of Management Subscribe Youtube Channel For More Videos www.takshilalearning.com call 8800999284

2. Concern– Taylor’s principles and techniques are concerned with workers’ efficiency while Fayol’s are concerned management. with the overall efficiency of Focus – specialization. Taylor’s techniques whereas Fayol’s are based on the top downward approach. Taylor’s techniques are mainly with production activities, whereas Fayol’s have relevance in all functional areas. Taylors’ techniques are more specific while Fayols’ are more general and flexible in nature. Both Taylor and Fayol advocated the bottom division upward of work approach, and follow Beginning– Taylor started with improving the efficiency of operational workers at the shop level and later gave the principles if scientific management, while Fayol began by describing the functions of top management and then proceeded downward. Emphasis – Taylor emphasized on standardization of work, methods and tools, time and motion study and scientific training of workers. But Fayol stressed upon the principles and theory of general administration and also the functions of managers. Key Differences Between Fayol and Taylor’s Theory of Management The difference between Fayol and Taylor’s Theory of Management, are explained in the points presented below: 1.Henry Fayol is a father of modern management who enunciated fourteen principles of management, for improving overall administration. As against, F.W. Taylor is a father of scientific management who developed four principles of management, for increasing overall productivity. 2. Henry Fayol introduced the concept of a general theory of administration. F.W. Taylor laid down the concept of Scientific Management. www.takshilalearning.com call 8800999284

3. 3. Henry Fayol emphasized the working of top-level management, whereas F.W. Taylor stressed the working of production-level management. 4. Fayol’s management theory has universal applicability. Unlike Taylor, whose management theory applies to a number of organizations only. 5. The basis of the formation of Fayol’s theory is personal experience. C onversely, Taylor’s principles rely on observation and experimentation. 6. Fayol is oriented towards managerial function. On the contrary, Taylor focussed on production and engineering. 7. The system of wage payment determined by Taylor is differential piece rate system, while Fayol stressed on sharing of profits with managers. 8.The approach of Taylor is termed as Engineer’s approach. In contrast, Fayol’s approach is accepted as manager’s approach. Related articles Business Finance and Financial management DIRECTING: CONCEPT, FEATURES, PRINCIPLES, AND IMPORTANCE Circular flow of Income Elements of Directing – Supervision Get complete class 12 Business studies video course & online classes with the best faculty support. Try a free demo lecture on your mobile, Laptop & Desktop. Here at Takshila Learning, we provide Online Tuition Classes from Preschool to Class 12 for all subjects. We provide the best online tuition classes that comprise Animated Video lectures and Live Interactive Classes that will help students to grasp concepts easily. We also provide Worksheets & Assignments, Doubt sessions, Free Encyclopedia, NC ERT Solutions, and Exam Guru to monitor www.takshilalearning.com call 8800999284

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