Scientific Management - 1358 Words

Critically discuss the notion that Scientific Management was a ‘good’ idea in the history of management thinking. Since the thousands of years, people use the management in the great projects such as the Egyptian pyramids and the Great Wall of China. According to Robbins, et al. (2006), Henri Fayol said that all managers perform five functions: planning, organizing, commanding, coordinating and controlling in the early part of the twentieth century. Robbins stated that, in the mid-1950s, management functions changed to planning, organizing staffing, directing and controlling. However, management functions have been reduced to four such as planning, organizing, leading and controlling. There are six major approaches to management:†¦show more content†¦Cole (2004, p-20) stated that Gantt introduced a payment system that although the employee’s performance was below on the individual’s instruction card, he still qualified for the day-rate but performance of all the work allocated on the card qualified the individual for bonus. Gantt found that when one worker found that he could achieve the task, the rest quickly followed. As a result, supervision improved, breakdowns were minimized. Gantt’s bonus system also allowed for the employee to challenge the time allocated for a particular task. There are a lot of benefits from scientific management. First, the productivity increases dramatically by improving the working method. Second, the supervisors can measure the performance base on the working methods. Third, it motivates the employees by incentive payments base on the results on the performance. Finally, the physical working conditions for employees also improved because of scientific management. (Cole, 2004) Although scientific management has a lot of benefits, it also has some disadvantages. Firstly, the worker’s role is reduced by the rigid methods and procedures. Another drawback is the employees will be bore because of same steps of procedures. Next one is scientific management generates a ‘carrot-and-stick’ approach to the motivation of employees by enabling pay to be geared tightly to output (Cole, 2004). As stated by Buren (2008), proponents ofShow MoreRelatedThe Theory Of Scientific Management1633 Words   |  7 PagesThe purpose of this essay is to research, analyse and assess the theory of scientific management, which was revolutionised by Frederick Winslow Taylor in 1887 (A.Huczynski, 2010) and to critically evaluate the benefits and pitfalls of his theory. This theory Taylor developed is known as Taylorism and has been used commonly in various structures of organisation. Comparisons shall be drawn to other theories and advancements of this theory, such as Fordism and Toyotism, which was extremely popular inRead MoreThe Principles Of Scientific Management3291 Words   |  14 PagesTHE PRINCIPLES OF SCIENTIFIC MANAGEMENT (TAYLORISM) STUDENT NAME : SOWMITH VATSAVAI ROLL NO : 120908246 BRANCH : INDUSTRIAL AND PRODUCTION ENGG. E-MAIL ID : SOWMITH.V@GMAIL.COM CONTACT NO : 09740459479 INDEX Sl.no Contents Page No. 1 Fundamentals 2 2 Introduction 5 3 Experimentation 6 4 Principles 9 5 Conclusion 15 6 References 16 â€Æ' 1.Fundamentals of Scientific Management 1.1 Introduction Read MoreScientific Management2246 Words   |  9 PagesSCIENTIFIC MANAGEMENT AND CONTRIBUTION TO ECONOMY Scientific management is a theory of management that analysis and synthesizes workflows, with the objective of improving labour productivity. The core ideas of the theory were developed by Frederick Winslow Taylor in the 1880s and 1890s, and were first published in his monographs, Shop Management (1905) and The Principles of Scientific Management (1911). He began trying to discover a way for workers to increase their efficiency when he was the forepersonRead MoreScientific Management2016 Words   |  9 PagesScientific management (also called Taylorism, the Taylor system, or the Classical Perspective) is a theory of management that analyzes and synthesizes workflow processes, improving labor productivity. The core ideas of the theory were developed by Frederick Winslow Taylor in the 1880s and 1890s, and were first published in his monographs, Shop Management (1905) and The Principles of Scientific Management (1911).[1] Taylor believed that decisions based upon tradition and rules of thumb should be replacedRead MoreThe Principles Of Scientific Management1337 Words   |  6 Pagescentury ago, Frederick Winslow Taylor’s renowned work The Principles of Scientific Management set forth a theory that to this day is subjected to a similar degree of critique and debate to that in the early 20th century. While Taylor’s ideas were evidently influenced by the works of earlier researchers, it is he who is credited as the â€Å"father† of the scientific management movement (Jeacle, 2004, p. 1164). As such, scientific management itself is synonymous with Taylor to the extent that it is commonlyRead MoreThe Advantages Of Scientific Management Essay1594 Words   |  7 PagesIn the early 20th Century, Frederick Winslow Taylor revolutionised work in factories through the development of his new form of management; Scientific management. It is a method of worker management that involves scientifically finding the best way to divide labour and to do each ind ividual job as easily as possible, and finding the best person for that job. It is done through removing the control of production from the workers and putting it in the hands of the managers, who oversee the processRead MorePrinciples of Scientific Management1149 Words   |  5 PagesScientific Management is a theory of management that analyzed and synthesized workflows. Its main objective was improving economic efficiency, especially labor productivity. It was one of the earliest attempts to apply science to the engineering of processes and to management. Its development began with Frederick Winslow Taylor in the 1880s and 1890s within the manufacturing industries. Taylor was an American mechanical engineer and a management consultant in his later years. He is often calledRead MoreThe Scientific Management of Taylor1493 Words   |  6 PagesIntroduction Taylor used valuable knowledge into work practice, as the appearance of scientific management, the productivity of all the developed countries increased nearly 50 times (Zuo, 2007). In the meanwhile, whether the scientific management is suitable for modern age has sparked much debate. Some people assert that scientific have some limitations. Therefore, this essay tends to analyze several parts of scientific management, some problems caused by it and whether it is suitable to the modern enterprisesRead MoreThe Principles Of Scientific Management2994 Words   |  12 PagesIntroduction Good management can be defined as the optimal use of available resources to increase an organisation s efficiency and effectiveness in meeting its objectives (Garg, 2013). Scientific management has been the dominant model for many years, but its usefulness for meeting modern organisational challenges may be limited. This paper examines the principles of scientific management, the degree to which it is applied in contemporary organisations, its utility for addressing modern challengesRead MoreThe Emergence Of Scientific Management1300 Words   |  6 PagesThe emergence of scientific management Frederick W. Taylor is called the father of scientific management who is world famous through his book named â€Å"The Principles of Scientific Management†. â€Å"The Principles of Scientific Management† was first published in the early 20th century. Through his work, Frederick W. Taylor described that the process of scientific management can increase total worker organizational efficiency. The theory of scientific management was not invented by one day. It took many

The Hunger Games By Suzanne Collins - 1391 Words

Imagine living in an insufficient world controlled by the capitol, never knowing which breath will be your last. You are stuck fighting for your life, fighting for your family. Suzanne Collins’ dystopian story, The Hunger Games, takes place in Panem, a country with twelve districts. The story is told through the perspective of the main character, Katniss Everdeen, who lives in District 12 with her mother and younger sister Prim. Their family is very poor. They are going through extremely tough times. They are struggling to survive. To select the two tributes for each district who will participate in the games; a boy and a girl are selected at random. During the reaping of the 74th Hunger Games, Prim is selected to represent District 12 in the games, as the female tribute. However, Katniss volunteers to go in her place, saving her life. Katniss and Peeta, the District 12 tributes, travel to begin the start of a new life, or the end of their life all together. The Hunger Games h ave begun. Katniss reveals her true colors multiple times throughout the book. She is known as a reserved, well-mannered girl, however there are more sides to her than meets the eye. In The Hunger Games, Suzanne Collins uses multiple symbols to show Katniss’ multi-faceted personality. Cinna is responsible for designing dresses that will have a significance to Katniss. They are different each time. They all have an intention of leaving behind a good image to the gamemakers, capitol, and possibleShow MoreRelatedThe Hunger Games By Suzanne Collins3246 Words   |  13 PagesStudy Unit The Hunger Games by Suzanne Collins and Steven Galloway’s The Cellist of Sarajevo demonstrates the way in which people are affected by war, and a brutal dictatorship. The authors illustrates the main purpose for writing their novel through the use of imagery, characterization, foreshadowing, flashback, similes, and symbolism. Suzanne Collins and Steven Galloway use imagery and characterization to vividly describe the effects and outcomes of war and dictatorship. Suzanne Collins portrays,Read MoreThe Hunger Games By Suzanne Collins1352 Words   |  6 PagesThe movie or the book the Hunger Games came out with a bang when it first hit theaters or the shelves of the bookstores. It was dubbed as one of the best films or books to read, interestingly enough it was a remake of the stories or myths most people heard when they were younger, but modernized and turned into a collage of all the best roman and Greek stories. Suzanne Collins brilliantly combined the Greek and Roman influences to make the movie/book unforgettable. By using stories from the romansRead MoreThe Hunger Games By Suzanne Collin899 Words   |  4 Pages Suzanne Collin’s â€Å"Hunger Games† seems to be about a dystopian society struggle to become a utopia. However, when the readers read further in to the book or watches the movie one can see that is about all the characters that make use human. As human, we feel the need to build an ethical framework based on our needs for authority rather than tradition. The Capitol in the Hunger Games exploits human needs to keep authority in place. After rising seas and poverty consumed much of the land, the CapitolRead MoreThe Hunger Games By Suzanne Collins1419 Words   |  6 Pagesemotional atmosphere within a dystopian state, there exists an absence of feeling which competes for dominance. Suzanne Collins’ demonstrates this competing apathetic mood in her novel, The Hunger Games, through the citizens of the divided dystopia of Panem. This essay will analyze the origins and influence of apathy on a people and an individual, in both a political and personal sense. Collins’ main argument, that citizens’ facing governmental oppression can either become compliant with apathy, or, insteadRead MoreThe Hunger Games By Suzanne Collins854 Words   |  4 PagesIn a place where poverty is prevalent and a country is ruled b y a tyrannical dictator is it possible for an individual to trust others when their own life is always at stake? In the book The Hunger Games by Suzanne Collins, the main character Katniss Everdeen is a survivor. In the novel she is put into an arena to compete against twenty-three other tributes to the death. This is not the only time during which she has to fend for herself; at home she had to care for her family and keep them aliveRead MoreThe Hunger Games by Suzanne Collins710 Words   |  3 Pages‘’The hunger games’’ is a novel written by Suzanne Collins, published in 2008. The genre of the book is thriller/survival, and is written over 27 chapters with 454 pages. In this analysis, I will tell you about how the main character Katniss changes through the novel, and tell you a little about the central characters that plays an important role for her. ‘’The Hunger Games’’, is set in the future in the country Panem, and is about the sixteen-year-old girl, Katniss Everdeen. Panem is divided intoRead MoreThe Hunger Games By Suzanne Collins986 Words   |  4 PagesThe Hunger Games by Suzanne Collins is about a sixteen year old girl named Katniss and how she needs to fight for her life. The Hunger Games takes place in an arena in the Capitol of Panem. There are 24 tributes, two from each District. The games were created to punish the Twelve Districts for trying to create an uprising against the Capitol. Suzanne Collins book could be compared to the United States and how people obsess with the way they look, discrimination is still occurring, and how the governmentRead MoreThe Hunger Games By Suzanne Collins3514 Words   |  15 PagesThe Hunger Games is a science fiction, dystopian post-apocalyptic series that takes place in a futuristic North American nation called Panem. The film series is based on the nov el series of the same title written by Suzanne Collins. Many who watch the films view them as an action-packed adventure series, but The Hunger Games, like many other dystopian films, feature social and political subjects that relate back to past and present culture. Dystopian films like the Hunger Games provide messages,Read MoreThe Hunger Games By Suzanne Collins1487 Words   |  6 PagesMy first text is The Hunger Games which is written by Suzanne Collins and it was written in September 14 2008; was set in the future, around the year 2087. My second text which is 1984, which is written by George Orwell and was written on Wednesday June 8 1949 and it was set in 1948. There are many themes in the book hunger games such as ‘the inequality between rich and poor’, ‘suffering as environment’ and ‘the importance of appearances’. In 1984 there is also many themes portrayed such as ‘theRead MoreThe Hunger Games By Suzanne Collins2436 Words   |  10 PagesThe Hunger Games is a science fiction and adventure film, based on the novel written by Suzanne Collins, which explores concepts of Marxism and numerous aspects of its principles through the dystopian world of Panem. The Hunger Games follows Marxist theories on bourgeoisie and proletariat class structure as well as capitalist production and the distribution of good. Thelma and Louise, a 1991 film directed by Ridley Scott, is often referred to by critics as â€Å"the ultimate feminist film†. This film

Case Analysis Global Payments Breach Free Essays

Table of Contents Executive Summary3 Company Background3 Security Breach3 Cost of Security Breach3 Closer Look at Control Issues4 Steps to mitigate data breach4 Conclusion6 References6 Executive Summary A data breach at a credit card payments processing firm Global Payments potentially impacted 1. 5 million credit and debit card numbers from major card brands Visa, MasterCard, Discover and American Express (money. cnn. We will write a custom essay sample on Case Analysis: Global Payments Breach or any similar topic only for you Order Now com) in April 2012. Company Background Founded in 1967, Global Payments (NYSE:GPN) is one of the largest electronic transaction processing company based out of Atlanta, GA and operations in several European and APAC regions. The company provides business-to-business card payment and processing solutions for major card issuers such as Visa, Master Card, Amex and Discover. The company also performs terminal management and electronic check conversion. Security Breach Exactly a year ago, in March 2012 the company was hit by a massive security breach of its credit card payment processing servers impacting more than 1. 5 million customers (nytimes. com). The company reported unauthorized access to its processing system resulting in data transfer of 1,500,000 card numbers. According to the company report, data stolen includes name, social security number and the business bank account designated for payment processing or deposit services. As a result of unauthorized access to the company’s servers millions of customer confidential records got exported. Cost of Security Breach While this data breach is not the largest of the cases, Global Payments data breach turned out to be a $93. 9 million deal according to the company’s Jan 8th 2013 quarterly report (bankinfosecurity. com). This is mainly spent in enhancing security and ensure compliance with Payment Card Industry Data Security standard. The company hired a qualified security assessor (QSA) that conducted an independent review of the PCI-DSS compliance of Global Payments systems and advised many remediation steps for its systems and processes. The company also paid fines related to non-compliance and has reached to an understanding with several card networks. The majority of the expenses, $60 million were originated out of professional fees while $35. 9 million was estimated to be fraud losses, fines and other charges imposed by credit and debit card networks. However the company received $2 million in insurance recoveries. There could be additional expenses of $25 to $35 million in reminder of 2013 due to investigation, remediation and PCI compliance. Closer Look at Control Issues While the company would like to conceal finer details of the investigation a closer look into this case clearly reveals a fraud triangle of pressure, rationalization and opportunity. It is highly likely that an insider played a major role in exposing security vulnerabilities of the company’s information technology systems and lack of proper monitoring mechanisms. Lack of proper internal controls resulted in the insider making use of the opportunity to commit fraud. The case clearly indicates that either system monitoring mechanism was inadequate and could not prevent the data thief to get access to PCI data. It is not clear whether high level data encryption was implemented for personal data such as social security numbers and bank accounts. Steps to mitigate data breach A number of precautionary and data protection measures should be taken to ensure PCI compliance and prevent such a massive data theft (sans. rg). 1. Establish multiple levels of data security specifically for personal information such as customer account numbers, social security numbers, customer addresses, phone numbers etc. , This includes creating authorization algorithms and every data retrieval gets logged and reported. 2. The data should be encrypted by utilizing best of data encryption methodologies to protect both data at rest and in transit. Data at rest is the infor mation residing in database and file servers and even in personal computers. On the ther hand, data in transit refers to data moving across local and wide area networks. 3. Identifying all the sensitive data that needs encryption is the first step in protecting data based on the data classification policies. 4. Locate data at rest and data in motion and then apply techniques such as eradication i. e. removal of unnecessary data lying in file systems or personal PCs; obfuscation of data to ensure it is not in readily readable format and finally encrypt by employing industry standard data encryption techniques. 5. Follow PCI-DSS requirements for financial data . PIN blocks, CVV2 and CVC2 card verification data cannot be stored at any time. b. All sensitive information must be encrypted during transmission over networks that are main targets for hackers. c. Ensure that security related technology is resistant to tampering and do not disclose any security related documentation. d. Ensur e sound and practical policies around data generation, updates, deletion, storage and archival of cryptographic keys e. Ensure that data exchange is conducted over a trusted path that follows high controls and confirms to authenticity of content. Conclusion The numbers of cyber threats are increasing at an alarming level and a small overlook on company’s behalf is enough for hackers to steal confidential data and put consumers at risk. In today’s high tech world of information technology customers information is at high risk of breach and any company both private or public involved in dealing with financial data has to ensure highest level of regulatory compliance to protect consumers interest, maintain their trust and finally run as an ongoing concern References 1. Jessica Silver-Greenburg, Nelson D Schwartz (March 30 2012). â€Å"Master Card and Visa Investigate Data Breach† New York Times. Retrieved 2013-03-17. 2. Information Security Group (January 10 2013). â€Å"Global Payments Breach Tab: $94 million†. www. bankofsecurity. com. Retrieved 2013-03-17. 3. Julianne Pepitone (April 3 2012). â€Å"1. 5 million Card numbers at risk from hack†. www. money. cnn. com. Retrieved 2013-03-17 4. Dave Shackleford (November 2007). â€Å"Regulations and Standards: Where Encryption Applies†. www. sans. org/reading/analyst_program/encryption_Nov07. pdf How to cite Case Analysis: Global Payments Breach, Papers