IGCSE, A Level Business Student Forum

Q4 Analyse how FW Taylor’s theory can be applied in modern industry. [6]

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Possible Structure
[KN]
[AN]
[AN+]

[KN]
[AN]
[AN+]

[KN] Standardization
[AN] To attain consistency in output, Taylor argued in favor of standardizing work procedures.
[AN+] Standardization of procedures and quality assurance via Total Quality Management (TQM), ISO standards, process standardization, and quality control techniques.

[KN] Training and Development
[AN] Taylor's theory acknowledged the necessity of employee development and training.
[AN+] To make sure that workers are properly trained for their roles, today's businesses carry on putting money into employee education, development of skills, and continuous improvement programs.

[KN] Skilled or trained workers
[AN] In F.W Taylor theory he wanted that every worker should be skilled in each work he does and effecient.
[AN+] This is implemented in today's world by sending workers to training centres and making them skilled before hiring them so that effeciency could be improved.

[KN] Incentive systems
[AN] Taylor used to motivate employees by providing them financial incentives.
[AN+] This is adapted by businesses today by introducing performance-based compensation structures, bonuses, or profit-sharing programs

[KN] efficiency improvement
[AN] FW taylors theory can be applied in modern industry through more efficient use of modern technology to eliminate the inefficiency in production of goods or services.
[AN+] This can lead to cost savings and improved productivity.

[KN] workers training
[AN] Taylor's theory also focused on the training of workers to perform each task more efficiently
[AN+] this can be done in modern world by giving skilled training to each worker so that efficiency can be improved in production processes

[KN]handing out incentives
[AN]these included piece rate or peformance based rewards which motivates employees to work harder
[AN+]this provides the bueinss with higher output and more productivity

[KN]standardization of work methods
[AN]this brings upon consistent products and quality for the consumer
[AN+]this reduces customer complaints as the product is consistent throughout

[kn]Work Process Optimization [an] Businesses can use principles of scientific management to identify inefficiencies, streamline workflows, and eliminate unnecessary steps[an+] this will lower wastage and hence improve productivity

[kn]Specialization and Division of Labor[an]Taylor advocated for breaking down complex tasks into simpler, specialized components. In modern industry, this can be done by dividing complex tasks into more manageable ones[an+] this can further improve skills of the worker and lower down the time required for production

[KN] Employment stages
[AN] By improving the employment stages only those workers would be employed who are needed or are qualified for the job
[AN+] This would help the business to achieve full efficiency

[KN] Standardization
[AN] This is when one type of method is obtained to cover the business operations
[AN+] With this all the business operations would be done with high efficiency

[KN] supervision in the sense of tech upgradation
[AN] Rapid and accurate record management
[AN+] quicker decisions
[KN] baseline for recruitment and selection criteria ( evolved with the passage of time)
[AN] well-aligned employees, synchronized with the business culture and performance standard
[AN+] Easy decision making and generation of ideas according to the criteria of the business

Standardisation
Maintaining quality throughout the process of production of the product ensuring customer satisfaction and reducing the amounts of mistakes hence reducing complaints.


More efficiency
Using the modern production equipment more efficiently will reduce costs also reducing the inefficiency of in the production process

[kn] supervision in terms of tech upgradation
[an] rapid and accurate record management
[an+] lesser flaws clearing way to perfection helping increase productive efficiency and lower wastage
[kn]baseline for recruitments and selection criteria (evaluated with passage of time)
[an] which will lead to well employed alignment synchronized with the business culture and performance standards
[an+] making the workers understand the goals in lesser time leading to better teamwork and thus improved brand image

[kn] supervision in terms of tech upgradation
[an] rapid and accurate record management
[an+] reduces expenses for business

[kn] baseline for recruitments and selection criteria
[an] well-aligned employees synchronized with the business culture and performance standard
[an+] increased efficiency and quality output produced

(kn) technology advancement
(an)less error and and accurate record management
(an+)hence their less wastage
(kn) baseline for recruitment and selection
(an) well aligned ,synchronised with the business culture and performance standards
(an+)increasing output and improving brand image

[KN] Work standardization.
[AN] Taylor advised to identify the best suitable method of performing tasks which saves both time and cost .
[AN+] Thus this has been proved helpful for service sector businesses as best practice's lead to increased efficiency and quality.

[KN] Training of employees.
[AN] FW Taylor encouraged to train workers so they are able to cope up with the best methods identified and can easily adjust to advances in technology.
[AN+] Thus this is very useful in modern industry as alot of time is wasted and the quality do not get compromised hence enhances overall efficiency.