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Title: Frederick W. Taylor's Presence in 21st Century Management Accounting Systems and Work Process Theories

Authors: Marie G. Kulesza; Pamela Q. Weaver; Sheldon Friedman

Addresses: Author address listing can be found in the "About the Authors" section at the end of the article.

Abstract: Frederick W. Taylor changed the way management looked at manufacturing by using a scientific methodology to study workers' motions, thus developing the foundation for management accounting. Modern management accounting systems such as standard costing, activity-based costing, theory of constraints, and lean manufacturing reflect numerous lessons learned from the Taylor era. This paper contains a review of the connections between Taylor's theories and modern management accounting systems. As management accounting systems evolve in the 21st century, some theorists predict a return to aspects of Taylorism, as adapted to accommodate the modern knowledgeable worker and highly mechanized production systems.

Keywords: Taylorism; management accounting; work process theories; 21st century management; lean manufacturing.

DOI: 10.1504/JBM.2011.141194

Journal of Business and Management, 2011 Vol.17 No.1, pp.105 - 119

Published online: 05 Sep 2024 *