This
paper studies "The
Principles of Scientific Management," the definitive philosophical work of Frederick Winslow Taylor, published in 1911. The author assesses Taylor's
philosophy, which is based on four principles: (1)
developing the best work
method for every job; (2) scientifically selecting and developing
workers; (3) combining the best work method and the best workers to complete the task according to that method; and (4) co-operation of
managers and non-managers. The paper concludes by looking at modern day examples of Taylor's philosophy in action, particularly in the franchise industry.