2min chapter

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4 Business Ideas That Changed the World: Scientific Management

HBR IdeaCast

CHAPTER

Is That Right? And How Does Fredrick Taylor Do It?

Fredrick Taylor, the founder of modern capitalism, studied workers in a factory. He found ways to make them do tasks one right way at a time and reduce their deviation from standard operating practice. "Every single job can be reduced to a series," he said. 'That's exactly what he starts doing'

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