Exploring Scientific Management: Taylorism and Modern Corporate Structures

This chapter delves into Frederick Winslow Taylor's principles of scientific management, discussing his background, methods for increasing workplace efficiency, and critiques of Taylorism. It also examines modern corporate structures like the U-Form and M-Form, highlighting their suitability for different types of businesses. The chapter concludes by connecting the concept of heroism to the world of accounting, emphasizing the quiet but impactful nature of mundane tasks in accounting professions.