In the early 1900s, Frederick W. Taylor was responsible for coining the term ‘Scientific Management’. He based it on four principles that would revolutionize the business environment at the time. This essay investigates these principles, attempts to place them in context with the present business landscape and determines what might cause its probable change or decline in the future. A number of perspectives have been taken from organizations operating today to contrast the scenarios on which Taylor first based his studies. These cases seek to highlight the natural progression of management theories over time to accommodate differing industries in the 21st century.