Age, Biography and Wiki
Birth Day | March 20, 1856 |
Birth Place | Philadelphia, PA |
Age | 163 YEARS OLD |
Died On | Mar 21, 1915 (age 59) |
Birth Sign | Pisces |
Net worth
. He dedicated his life to studying and improving industrial productivity, earning him the title of the "Father of Scientific Management." Taylor's innovative ideas and methods not only revolutionized the manufacturing industry but also had a profound impact on organizational management. Despite his enormous contributions to the field, Frederick Winslow Taylor's estimated net worth in 2024 ranges from $100,000 to $1 million. This modest net worth reflects Taylor's focus on his work and his belief in the importance of sharing knowledge for the betterment of society rather than personal financial success.
About
Pioneer of the efficiency movement who became the first to develop a system to increase Manufacturing production and decrease costs.
Before Fame
He got an early taste of efficiency from his mathematics professor, who timed class problems by average students and made exams fitting exactly the time allotted for class.
Trivia
As the manager at the Midvale Steel Company, he encouraged paying the workers according to their productivity, which quickly doubled the output of the plant.
Family Life
He was born in Philadelphia, Pennsylvania into a well-to-do and influential family that traced their descent to the Mayflower pilgrims.
Associated With
Russian communist leader Vladimir Lenin was impressed enough with Taylor's system that he sought to implement it in Soviet industries.