Principles of Taylor and Fayol are mutually complementary. One believed that management should not close its ears to constructive suggestions made by the employees while the other suggested that a good company should have an employee suggestion system, whereby suggestions which result in substantial time or cost reduction should be rewarded.
Identify and explain the principles of Taylor and Fayol referred in the above paragraph.
Management should not close its ears to constructive suggestions made by the employees, is related with the principle of Taylor i.e. 'cooperation not individualism'.
Cooperation not Individualism: This principle is an extension of principle of harmony. Competition should be replaced by cooperation. Management and workers both should realise that they need each other. For this, management should entertain the constructive suggestions of employees and at the same time, workers should also cooperate with management. A good company should have an employee suggestion system, is related with Fayol's principle of 'initiative'.
Initiative: Principle related with Fayol was 'initiative' in which he suggested that employees at all levels should take initiatives or actions without any force or boundations. This will help to motivate them and they will work hard for the betterment of the organisation. He stressed that a good company should have an employee suggestion system where by initiatives/suggestions which result in substantial cost/time reduction should be awarded.