Frederick Winslow Taylor: Business ManagementFrederick Winslow TaylorBusiness ManagementCONTENTSI. Introduction........................6II. Early Years..............7III Midvale Steel Company............nIV Inventions........... ............nV. Cast iron handling experiments.....nVI. Shoveling Experiments ............nVII. Conclusion .......................nANNEX........................ ......... .......nSELECTED BIBLIOGRAPHY..................nLIST OF ILLUSTRATIONS1. Figure 1.................n2. Figure 2..............n3. Figure 3..............n4. Figure 4.................n5. Illustration 5.................nLIST OF TABLES1. Differential piece-rate wages..n2. Table 2........................n3. Table 3........................n4. Table 4........................n5. Table 5........................nIntroductionThis article follows the assignment of an article and a short speech concerning an individual with relevant contributions in the world of management. .Frederick Taylor is affectionately known as the “Father of Scientific Management”. Modern manufacturing and management systems would not be the examples of efficiency they are today without Taylor's work. Frederick Taylor was instrumental in bringing the industry out of the Dark Ages by beginning to revolutionize the way work was approached. Taylor was able to increase wages, productivity and reduce costs per part at the same time. Taylor's work was eventually adopted in a wide range of applications. Taylor's ideas had a significant influence on the industrial life of all modernized countries.