Management is an integral part of human and social life. The problems and complexities of management induced many scholars, technocrates and other thinkers to evolve appropriate means for managing business and industrial activities. Here, we discuss in brief the contributions of F.W. Taylor and Henry Fayol. It is evident that Taylor and Fayol were the pioneers of management. Both contributed significantly to the development of modern management thought. Thus, contributions of Taylor and Fayol were not contradictory in nature but complementary to each other. They were the two sides of the same coin.

B.Com(Hons) +4 more

by Tithi Gupta

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