Essay from the year 2011 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, London School of Economics, language: English, abstract: In order to critically assess the contribution of Taylor’s theories to management science a three step approach is necessary. First, the theoretical work of Taylor is analyzed in order to clearly separate objectives, assumptions and tools. Second, the structural contributions of Taylor and his work are presented and reviewed critically. Lastly, the functional impact of management science is assessed.