Name the principle of management given by Taylor which when applied wo...
Principle of Management given by Taylor for Honoring Commitments: Mental Revolution
The principle of management given by Taylor for honoring commitments is known as the Mental Revolution. According to Taylor, the mental revolution is a change in the attitude of both workers and management towards each other. It involves both parties recognizing their interdependence and working towards a common goal.
Explanation of Mental Revolution
The mental revolution principle emphasizes the importance of communication, cooperation, and collaboration between workers and management. It requires both parties to recognize that they need each other to achieve success. The mental revolution principle involves the following:
1. Mutual trust and respect: Workers and management need to trust and respect each other. Management should trust workers to do their job efficiently, and workers should trust management to provide them with the necessary resources and support.
2. Cooperation: Workers and management should cooperate with each other to achieve common goals. Workers should follow the instructions given by management, and management should provide workers with the necessary training and resources to do their job efficiently.
3. Open communication: Communication is essential for the mental revolution principle to work. Workers should be able to communicate their problems and concerns to management, and management should be open to feedback from workers.
4. Shared responsibility: Workers and management should share responsibility for the success of the organization. Workers should take ownership of their work, and management should take responsibility for providing workers with the necessary resources and support.
Benefits of Mental Revolution Principle
The Mental Revolution principle has several benefits, including:
1. Increased productivity: When workers and management work together towards a common goal, productivity increases.
2. Improved job satisfaction: Workers who feel valued and respected are more likely to be satisfied with their job.
3. Reduced employee turnover: When workers feel valued and respected, they are less likely to leave the organization.
4. Improved organizational culture: A culture of trust, respect, and cooperation can improve the overall organizational culture.
Conclusion
The Mental Revolution principle is essential for creating a culture of trust, respect, and cooperation in an organization. When both workers and management honor their commitment without any prejudice towards one another, productivity increases, job satisfaction improves, and employee turnover reduces.
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