Advantage & Disadvantage of Scientific Management Theory

Advantage of Scientific Management Theory: 1. Increase in production: Scientific management has been responsible for steady improvements in business operations like increase production. 2. Decrease inaccuracy: it helps to decrease inaccuracy 3. Benefits of management and works 4. Decrease autocracy: it helps to decrease autocracy 5. Piecework pay system: Payment depended on piecework basis which taken as an incentive to maximize productivity and produce high wages for the workers. 6. Instant decision making: it helps to making decision instantly. 7. Early working method and control: scientific management involves developing a management methodology, selecting and training employees, and supervising them closely. Demerits of Scientific Management Theory 1. Investment of huge capital: Scientific management is a costly system and a huge investment is required in establishment of planning dept., standardization, work study, training of workers. 2. Probability of financial loss: lots of change to financial loss. 3. Increasing the planning cost: Scientific management is a costly system and a huge investment is required in establishment of planning dept., standardization, work study, training of workers than others management systems. 4. Lack of flexibility: 5. Monotonous: Due to excessive specialization the workers are not able to take initiative on their own. 6. Fraud: There is chance to fraud activities 7. Non democracy: there is weakening of trade union as everything is fixed & predetermined by management. 8. Unemployment: Workers feel that management reduces employment opportunities from them through replacement of men by machines and by increasing human productivity less workers are needed to do work leading to chucking out from their jobs. 9. Rapid flexible: scientific management drives the workers to rush towards output and finish work in standard time 10. Over speeding - the scientific management lays standard output, time so they have to rush up and finish the work in time. These have adverse effect on health of workers.