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The Management Century

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The Management Century
The Management Century
Summary
The article depicts the development of our management idea in chronological framework since the year 1886, when we actually start to realise the utmost importance of managerial skills in, then, a newly industrialised world. The evolution of such ‘management’ has been separated into three periods, being; first, the years until WWII with its school of “Scientific Management”, second, from late 1940’s till 1980 with increasing moral judgement and thus public support, and lastly, from then till now with a declining moral ambition, but also with an increasing productivity and better workers living standard. The school of Scientific Management, initiated by Frederick Taylor, views management as a subject of natural science where decision could be made in accordance with clearly defined laws, rules, and principles; characterised into ‘things of production’ and ‘humanity of production’ Other researchers, at that time, discovered that psychological and sociological component in the working environment also affect productivity, meaning that the productivity also result from the moods of the group of workers rather than the individual worker. However, the managements at that time possessed arrogance and discrimination towards workers, as if they are lesser being, and aimed to exploit them through manipulation for their own purposes. After the WWII, a new school of thoughts emerged, leading by Peter Drucker, it emphasise on the view of corporation as a social institution where everyone involved were to be respected. The management roles are to maintain the company’s equilibrium and create a win-win environment. With new ideas of managing together with the introduction of ‘goal setting’ and ‘strategic thinking’, Boston Consulting Group was created in order to define corporate strategy. The relentless pursuit of being the best makes these manufacturing companies too big in the sense that some feared they would control how people live. As a

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