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Management’s Three Eras: A Brief History

Harvard Business Review

Others – such as Frederick Winslow Taylor, Frank and Lillian Galbreth, Herbert R. A wealthy industrialist, Joseph Wharton aspired to produce “pillars of the state” whose leadership would extend across business and public life. By the early 1900’s, the term “management” was in wide use, and Adam Smith’s ideas came into their own.