What is management

Buchanan and Andrezej Huczynski, 2010:512).
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             The scientific management theory was formed by American engineer Frederick W. Taylor, who directed the work from effective leadership to capitalist enterprise. Taylor is considered by most experts as the father of scientific management. He based his entire approach to the idea that employees can be much more efficient. The concept of "maximum prosperity" that Taylor elevated to a main objective of management is viewed in terms of the entrepreneurship. .
             "The principal object of management should be to secure the maximum prosperity for the employer, coupled with the maximum prosperity for each employee." The words 'maximum prosperity' are used, in their broad sense, to mean not only large dividends for the company or owner, but the development of every branch of the business to its highest state of excellence, so that the prosperity may be permanent. In the same way, maximum prosperity for each employee means not only higher wages than are usually received by men of his class, but, of more importance still, it also means the development of each man to his state of maximum efficiency, so that he may be able to do, generally speaking, the highest grade of work for which his natural ability fit him, and it further means giving him, when possible, this class of work to do" (Frederick Winslow Taylor, 1911:4). .
             Another important theorist is professor E. Mayo who emphasized the importance of the relationship between workers and management. He was asked to conduct a series of studies on labor productivity at the Hawthorne Western Electric plant in Illinois. Hawthorne's studies have established a pattern that was followed by most modern researches.