tailieunhanh - Lecture The evolution of management thought (6th edition) - Chapter 3: The industrial revolution: Problems and perspective

The Industrial Revolution created a new cultural environment and new management problems. Organizations changed by infusions of capital, division of labor, and the need for performance. The role of the entrepreneur-manager and its need was recognized. | THE EVOLUTION OF MANAGEMENT THOUGHT, 6TH EDITION Electronic Resource by: Regina Greenwood and Julia Teahen The Industrial Revolution: Problems and Perspective Chapter Three Examples: Grinding grain, pumping water, transportation, etc. How was work done before the steam engine? Page, Brian. . 1980. Pics4Learning. 3 Dec 2008 Milling Wheat into Flour A human turning a millstone can covert one-half bushel of wheat into flour in one hour. Three bushels can be ground in one hour with a horse-driven mill. A steam driven mill can do 10 bushels per hour. Jones, D . Mar-02. Pics4Learning. 3 Dec 2008 Steam Engine at British Science Museum The Industrial Revolution in Great Britain James Watt perfected the Steam Engine making it a reliable source of power for factories and transportation. It became more economical to bring people to the work (factory) rather than taking the work home (domestic system). As factories grew, management/leadership became more important. Watt Double-Acting Steam Engine A late version of a Watt double-acting steam engine, the steam engine that propelled the Industrial Revolution in Britain and the world, located in the lobby of the Superior Technical School of Industrial Engineers of the UPM (Madrid) “Entrepreneur” – Richard Cantillon Richard Cantillon, currency speculator Wrote Essay on the Nature of Commerce First to use the term entrepreneur in an economic sense “Entrepreneur” applied to anyone who bought or made a product at a certain cost to sell at an uncertain price Influenced Francois Quesnay, leader of the Physiocrats The Fourth Factor of Production Management joins land, labor and capital as a recognized factor of production. . Say provided a more definitive explanation of the role of entrepreneur The entrepreneur became a manager for others and assumed an additional risk in combining the factors of land, labor, . | THE EVOLUTION OF MANAGEMENT THOUGHT, 6TH EDITION Electronic Resource by: Regina Greenwood and Julia Teahen The Industrial Revolution: Problems and Perspective Chapter Three Examples: Grinding grain, pumping water, transportation, etc. How was work done before the steam engine? Page, Brian. . 1980. Pics4Learning. 3 Dec 2008 Milling Wheat into Flour A human turning a millstone can covert one-half bushel of wheat into flour in one hour. Three bushels can be ground in one hour with a horse-driven mill. A steam driven mill can do 10 bushels per hour. Jones, D . Mar-02. Pics4Learning. 3 Dec 2008 Steam Engine at British Science Museum The Industrial Revolution in Great Britain James Watt perfected the Steam Engine making it a reliable source of power for factories and transportation. It became more economical to bring people to the work (factory) rather than taking the work home .

• Quản trị kinh doanh
• Management thought
• Evolution of management thought
• Ideas in management
• Management theory
• Business ethics
• Management opportunities
• Renaissance of general management
• Management education
• Management pioneers
• Modern management
• Scientific management
• Advent of scientific management
• Industrial management
• Scientific management in retrospect
• Systems in management
• Production management
• Management before industrialization
• Ethical considerations
• Emergence of management
• Organization theory
• Industrial growth
• Systematic management
• Scientific management movement
• Industrial revolution
• The industrial revolution