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Assignment on the Contribution of
Charles Babbage, Adam Smith and
Robert Owen in the Field of
Management
By mishuhappyguy | June 2013
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Assignment on the contribution of Charles Babbage, Adam Smith and Robert Owen
in the field of management.
Contribution of Charles Babbage in the field of Management
Charles Babbage (17921871) is known as the patron saint of operations
research and management science. Babbage's scientific inventions included a
mechanical calculator (his "difference engine"), a versatile computer (his "analytical
engine"), and a punch-card machine. Babbage's most successful book, On the
Economy of Machinery and Manufacturers, published in 1832, described the tools
and machinery used in English factories. It discussed the economic principles of
manufacturing, and analyzed the operations; the skills used and suggested improved
practices. He showed that reducing the tasks of manufacturing to their simplest
activities increases the numbers of people who can do them and, thus, reduces the
average wage which needs to be paid. According to him, a work should be divided
into mental and physical efforts and a worker should be paid a bonus in proportion to
his own efficiency and success of the business. Babbage emphasized the
importance of division of labor, indicating that greater profit could be made by
specializing. Babbage also emphasized the importance of balance in processes
and the principle of optimum size of the manufacturing unit for each class of product.
Contribution of ROBERT OWEN in the field of Management
Robert Owen (17711858) was a successful Scottish entrepreneur and a
utopian socialist who sowed the first seeds of concern for the workers. He was
repulsed by the working conditions and poor treatment of the workers in the factories
across Scotland. Owen became a reformer. At New Larnark, in his factory he was
trying to make different approaches to the workers. He reduced the use of child labor
and used moral persuasion rather than corporal punishment in his factories. He
chided his fellow factory owners for treating their equipment better than they
treated...
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6/28/2014 Assignment on the Contribution of Charles Babbage, Adam Smith and Robert Owen in the Field of Management - Term Paper - Mishuhappyguy
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6/28/2014 Assignment on the Contribution of Charles Babbage, Adam Smith and Robert Owen in the Field of Management - Term Paper - Mishuhappyguy
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