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Chapter 10;Brainstorming;Text A ;The Principal Object of Management;Maximum prosperity is
Large dividends for the company or owner
The development of every branch of the business to its highest state of excellence, so that the prosperity may be permanent
Higher wages for employers than are usually received by men of his class
The development of each man to his state of maximum efficiency, so that he may be able to do or be given the highest grade of work for which his natural abilities fit him
;First, the fallacy, which has from time immemorial been almost universal among workmen, that a material increase in the output of each man or each machine in the trade would result in the end in throwing a large number of men out of work.
Second, the defective systems of management which are in common use, and which make it necessary for each workman to soldier, or work slowly, in order that he may protect his own best interests.
Third, the inefficient rule-of-thumb methods, which are still almost universal in all trades, and in practicing which our workmen waste a large part of their effort.;The Best Type of Ordinary Management ;The Best Type of Ordinary Management The Type of Management ;Certain broad general principles
A certain philosophy, which can be applied in many ways
A description of what any one man or men may believe to be the best mechanism for applying these general principles should in no way be confused with the principles themselves
;The development of a true science.
The scientific selection of the workman.
His scientific education and development.
Intimate friendly cooperation between the management and the men.;Science, not rule of thumb.
Harmony, not discord.
Cooperation, not individualism.
Maximum output, in place of restricted output.
The development of each man to his greatest efficiency and prosperity.;The increase in productivity due to
The increase in the personal dexterity of the man
The discovery of steam and electricity
The introduction of
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