How Management Has Changed Over The Past 50 Years

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Management has changed significantly over the past 50 years. The role of leaders in an organization is an ever changing thing. At one point, a manager was also the owner of the company, and thus used a carrot and a stick to get his employees to work, just like a parent personally invested in the raising of their child. Not anymore. Nowadays, leaders are there to “serve” their employees. The focus is on motivating the individual, achieving organizational goals by integrating each and every individual into the system. We no longer rely on a one size fits all approach, and management theory is no longer focused on having a winning philosophy, or motivating large groups. There was a reason behind this great shift in management theory. The main driving force behind this change was the transition of businesses from the entrepreneurial capitalism to managerial capitalism. This shift forced managers and experts to treat the development of management as a science and to apply scientific principles to it. This idea of scientific management was started by a man named Frederick Taylor. He developed a radical approach known as scientific management. Frederick conducted studies into how employees or that machines they use perform tasks. He measured and analyzed each measurable aspect of everything they do. From this data he was able to calculate better estimates and ordering of task while still getting the most efficiency. By doing this, he gave his managers a realistic standard to
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