The evolution of industries and technology over the past century has been momentous. We could never have imagined the way our lives would look now back in the early 1900s. However, the ideas and ...

This is quite recent. For more than a century, businesses often lost sight of the importance of creating value for others. Many firms pursued the idea of scientific management, i.e. imposing a system ...

One of the most famous statements in management is Frederick Taylor’s dictum in his 1911 book, The Principles of Scientific Management, "In the past, the man has been first; in the future, the system ...