...Henry Fayol, a French industrialist, developed the theory of management. According to him, managerial excellence is a technical ability and can be acquired. He developed theories and principles of management which are universally accepted and make him universalistic. He was pioneer of the formal education in management. Fayol's principles of management meet the requirements of modern management. Henry Fayol, offered fourteen principles of management for the first time in 1916. During the period of 1920-40 in the U.S. many authors did hard work in developing and testing various principles of management. Today, there is a very lengthy list of management principles and it is not possible to give an exhaustive lot of these management principles. Here, we are giving some important principles of management. Henry Fayol's Principle of Management Followings are the 14 principles of management developed by the Henry Fayol: 1. Division of Work: According to Henry Fayol under division of work, "The worker always on the same post, the manager always concerned with the same matters, acquire an ability, sureness and accuracy which increases their output. In other words, division of work means specialization. According to this principle, a person is not capable of doing all types of work. Each job and work should be assigned to the specialist of his job. Division of work promotes efficiency because it permits an organizational member to work in a limited area reducing the scope of his...
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...Henry Amm Fayol or Mintzberg – Who is right? Date: 11/12/2011 Student Number: 110369257 Version 1.0 The task: Henri Fayol presented his analysis of the management function in 1916 and it has largely been superseded by the more descriptive approaches of what managers actually do, such that favored by Henry Mintzberg. However, it could be argued that the image portrayed by Fayol is superior to that of Mintzberg, and the latter’s description is of rather ineffective management! Who do you think is right? Fayol or Mintzberg – Who is right? By Henry Amm Introduction With his work General and Industrial Management (1949, in French 1916) Henri Fayol was a pioneer on the field of management theory. (Pryor & Taneja, 2010) Many more were to follow, some supporting Fayol’s thoughts and some, i.e. Henry Mintzberg in The Nature of Managerial Work (1973) saying that Fayol’s views are not holding true today. This essay will take a closer look at strengths and weaknesses of both Fayol and Mintzberg and conclude that Fayol’s work still is not only relevant to our contemporary understanding of management but also superior to Mintzberg in terms of its conceptualization and applicability to modern organizations. Description of Fayol’s work According to Fayol (1949) all industrial organisations consist of six different groups of activities: technical, commercial, financial, security, accounting and management. As he was a manager himself, or in other words an administrator, he...
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...Contribution of Henri Fayol: The administrative management was initiated by Henri Fayol, a French Engineer-cum-manager in Europe, mostly known as father of modern management. It is also called process school of management. Fayol stressed the general applicability of management principles. He pointed out that technical ability is more dominating the lower level of management. Managerial ability is more important in the higher level of management. He also stressed that the value of staff to assist line managers in complex organization. Fayol proposed that all operation in business organization can be classified under six headings— 1. Technical (Production) 2. Commercial (Purchasing and sales) 3. Financial (Funding and controlling capital) 4. Security (Protection of property and persons) 5. Accounting ( Stock taking and balance sheet, costing etc) 6. Administrative activities. • Classical management theory The classical management emerged during the early years of 19th century (1900-1930) land these ideas represent the first well developed framework of management. This classical management consists of tow distinct scientific management and administrative management. • Features of classical management. 1. It was closely associated with the industrial revolution and development of large scale industries which demanded the development of new forms of organization and management. 2. Classical...
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...words etc. This mind map is built around the people who have contributed in the areas of Leadership and Management and their theories and principles have helped the generation to understand the topics in depth. Every theorists had a different viewpoint regarding the concepts of leadership and management. Top Hopkins defined leadership as "(Leadership is) the ability to make your followers believe that you possess superior knowledge of the situation, greater wisdom to cope with the unknown, or greater moral force. Unless you seem to have more of these things than the average follower does, they won't follow you around the first corner." And Management is defined by Henry Fayol as “To manage is to forecast and to plan, to organise, to command, to co-ordinate and to control”. This mind map will give a quick understanding of all those concepts. Explanation of the Theories: Scientific Management Theory (Frederick Taylor): Taylor defined this theory as “The systematic study of the relationships between people and tasks for the purpose of redesigning the work process for higher efficiency”. This theory was published in 1911 and is also known as “Taylorism”. It was introduced to increase work efficiency in the employees. He wanted to find out the strong points of every employee and challenge them for more productivity in the organisation. The four main principles of the theory were: A) B) C) D) Analysing how the work is done and finding out several other ways...
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...بسم الله الرحمن الرحيم Sudan Academy of Science MBA Program Principles of Management Assay about: Positive contribution of Henry Fayol & Max Weber on the Management thought Prepared by: Nuha Mohamed Saeed - Batch 15 Henri Fayol: the Administrative Theory: Henri Fayol developed the Administrative Theory. While Weber emphasized the principles of an ideal bureaucratic organization, Fayol concentrated on the management layer. He focused on the personal duties of a manager at a much finer level than Weber did. Fayol stated that management had five principle roles: * Planning, meant anticipating the future and acting towards it * Organizing, meant the development of resources, both capital and human * Commanding, meant keeping the processes of the business running. * Coordinating, meant syncing the group’s efforts in the best possible way. * Controlling, meant that all the above activities were done according to appropriate rules and procedures. Fayol created 14 principles of administration to go along with these five goals. 1. Division of work: work is divided according to skill and technical expertise; each item of work be given to the employee most qualified for it 2. Authority and responsibility: Fayol defined authority as 'the right to give orders and the power to exact obedience.' He emphasized the importance of linking authority to responsibility. 3. Discipline: obedience and behavior of respect. 4. Unity of command: an employee should receive orders...
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...approach of management professes the body of management thought based on the belief that employees have only economical and physical needs that the social needs and need for job satisfaction either does not exist or are unimportant. Accordingly, it advocates high specialization of labor, centralized decision making and profit maximization”. It is the oldest formal school of thought which began in the late 1800s and continued through the 1950s. its main focus is on “efficiency” and includes bureaucratic, scientific, and administrative management. "Henri Fayol, Mary Parker Follett, Henry Gantt, and Max Weber are theorists who believed in structured management approaches, and that money motivates employees" (Dunn 26). "Fayol, the author of General and Industrial Management (1916), is the founder of the classical school of management, which emphasizes “command and control” (Robinson 2005). “He identified five functions of management: planning, organizing, commanding, coordinating, and controlling. He further categorized the features of management into 14 principles: “division of work/labor through specialization, authority and responsibility, discipline, unity of command, unity of direction, subordination of individual interests to the organization’s needs, employee compensation (Hoffman 2005, 107), centralization, scalar chain (line of authority), order, equity, personnel stability, initiative, and esprit de corps (shared devotion to a common cause)” (Dunn 27) Henri Fayol’s “14 Principles...
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...HI 6005: Management and Organisations in a Global Environment Henry Foyal’s contribution to the management Presented by Archan Dhakal | FIR2632 | Surya Pokrel | POK2032 | Pariyar Binaya | TIA2125 | Fahad Iqbal | BCM2092 | Purvika Fofindiwala | PCC2292 | Executive Summary Henri Fayol, the father of the school of Systematic Management, was motivated to create a theoretical foundation for a managerial educational program based on his experience as a successful managing director of a mining company. In his day, managers had no formal training and he observed that the increasing complexity of organizations would require more professional management. Fayol's legacy is his generic Principles of Management. Of Fayol's six generic activities for industrial undertakings (technical, commercial, financial, security, accounting, managerial), the most important were The Five Functions of Management that focused on the key relationships between personnel and its management. Planning was referred as drawing up plans of actions that combine unity, continuity, flexibility and precision given the organization’s resources, type and significance of work and future trends. Creating a plan of action is the most difficult of the five tasks and requires the active participation of the entire organization. Planning must be coordinated on different levels and with different time horizons where as organizing was providing capital, personnel and raw materials for the day-to-day running...
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...In this (presentation) I shall be discussing Henry Fayols 14 principles of Management. To this end, I will like to take a look at the general definitions of Management from various proponents as well as look at the meaning of principles; especially in the context of Management. Before going into the work proper, the analysis of Henry Fayols Principles of Management theory, I will render some criticism against the theory as well as some appraisals before drawing a conclusion of the significant of the theory in the modern day business environment. Definitions: the term Management is used to a large extent in the business. It describes to the fullest the “is” and “ought” of efficient and effective running business organization. Accordingly various schools have offered definitions to the concept of management such as George R. Teny; “Management is a distinct process consisting of planning, organising, actuating and controlling performed to determine and accomplish stated objectives by the use of Human beings and other resources” Peter Drucker; “Management is a multipurpose organ that manages business, manages managers, manages workers and work” Harold Koontz; “Management is the art of getting things done through and with people in formally organizes groups” The description of the varying definitions as quoted above presupposes a process from planning to the end result of the task which is done by humans. The process is social in nature. It takes place through people. A manager’s...
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...BRAC University Summer'2013 BEXIMCO Group MIS Application Of Henri Fayol's 14 Principles of Management BEXIMCO Group MIS- Application of Henri Fayol's 14 Principles of Management Submitted to: Afsana Akhtar Assistant Professor BRAC Business School BRAC University Date of Submission: 13th August, 2013 LETTER OF TRANSMITTAL 13th August, 2013 To, Afsana Akhtar Assistant Professor BRAC Business School BRAC University. Sub: Submission of term paper for completion of course. Dear Madam, With high reverence we want to state that we have finished our term paper on the application of Henri Fayol's 14 Principles of Management in Beximco Group MIS in Bangladesh. While working with the term paper we got the first hand experience to learn about the applied management techniques in an organization. It helped us in gaining a new point of view on the significance of management theory like Henri Fayol's 14 Principles plays a role in effective and efficient performance of organizations such as Beximco Group MIS. We did some elaborate research and interviews and came up with sufficient resources to compile our term paper in a comprehensive manner. This term paper is valuable and a necessity to complete our course MGT211. In this term paper, all the team members contributed equally with sheer hard work. We faced some challenges in working as a team but due to everyone's collective efforts we overcame them and tried to produce this paper for you...
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...emeraldinsight.com/1751-1348.htm Henri Fayol, practitioner and theoretician – revered and reviled Mildred Golden Pryor and Sonia Taneja Department of Marketing and Management, Texas A&M University-Commerce, Commerce, Texas, USA Abstract Purpose – Fayol’s theories were the original foundation for management as a discipline and as a profession. Also Fayol was the first to advocate management education. Yet he has critics who revile him (or at least disparage his work) as well as followers who respect and revere him. This paper intends to enlighten today’s practitioners and academicians about the relevance and value of Fayol’s theories today. Design/methodology/approach – The paper addresses Fayol’s contributions as well as the disparagement and the reverence. It compares Fayol’s work with that of Follett, Mintzberg, Taylor, and Porter. In addition, it demonstrates the original and current interpretation and application of his theories. Finally, it indicates the alignment of Fayol’s theories with strategic leadership and management. Findings – Fayol’s theories are valuable and relevant for organizational leaders because Fayol was a practitioner who documented theories that worked best for him and his co-workers. While there are those who criticize Fayol’s theories, there are many others who respect them and find them useful as academicians and as practitioners. The theory of management functions aligns well with strategic leadership and management models and theories. Originality/value...
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...Management Principles Introduction Management is a vital role of the HR department that ensures that an organization has what it takes to accomplish its goals and objectives. It comprises interrelated social and technical functions and activities that pull people and other resources together in a formal organizational setting in the effort of facilitating the achievement of these goals. Management principles refer to some strategically developed guidelines and set timelines that are used to organize staff, maintain organizational structure, delegate authorities, and establish policies and procedures in the view of implementing the vision of any organization. Henry Fayol, a Frenchman and a coal-mining engineer, developed fourteen management principles that form the basis for today’s effective organizational management. Fayol’s management principles help managers to make crucial decisions towards the accomplishment of individual and organizational objectives. Apparently, management and leadership go hand in hand in the process of running an organization. On the other hand, Stauffacher describes leadership as an interpersonal role of an individual to influence and provide purpose, direction, motivation, and support of other people in the achievement of the mission. Leadership is the most essential element of the management process. However, it is knowledge, skills and experience that culminate into a leader’s effectiveness. Therefore, the objective of this paper is to discuss...
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...Frederick Winslow Taylor, also known as the father of the Scientific Movement, was born on March 20, 1856 in Germantown Pennsylvania. Before he was able to attend Harvard University, Taylor’s eyesight suffered severely from studying at nighttime that he had to delay his studies. After serving as an apprentice when his vision improved, Winslow began to work the Midvale Steele Company. While at Midvale, Taylor discovered that “production efficiency in a shop or factory could be greatly enhanced by close observation of the individual worker…”, which became the foundation of scientific management. Scientific management “is a field directly concerned with efficiency” and could also be applied to “administrators in American government and constitutional systems”. Taylor’s theory focused on: the most efficient way for the worker to complete the task, the employer providing proper tools, and good incentives for employee performance that resulted in a “machinelike routine”, which increased productivity. Economist Thornstein Veblen believed that “in dealing with the development and functioning of firms, [he] greatly appreciates the suggested scientific organization of labour and workshops, since it looks capable of increasing technical and general efficiency.” However, Alfred Marshall, a critic of Taylor’s system believed that the “human brain and flexible production systems must exhibit the ability to change, evolve and create” and allows the workers to solve complex problems in an evolving...
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... Classical School of Management Beth J. Beal Mary Baldwin College BUAD200L WA SP2014 Principles of Management A Summary of the Key Thought Leaders of the Classical School of Management Introduction According to Daft (2009) "Management is the attainment of organizational goals in an effective and efficient manner through planning, organizing, leading, and controlling organizational resources." The classical school of management often referred to as the "Classical School of Thought" was born in the early 1900s out of a need to run organizations efficiently, and it is so named because it comprises the first works and contributions that make up the core of modern management theory. Classical theorists viewed workers as a production instrument and were interested in finding ways to use people efficiently or in "one best way" through the application of science (Lindsey, 1998). It was also during this period of development that the five basic functions of management were identified: planning, organizing, command, coordination, and controlling (Wren, 1994). These five functions are often referred to as "the management process" (Wren, 1994). The classical viewpoint sought to find ways to manage work and run the organization in the most efficient manner, and is made up of the following three major approaches. The scientific management approach represented by the work of Frederick W. Taylor and supporting efforts of Frank and Lillian Gilbreth and Henry Gantt was the first of...
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...work Disclaimer This essay has been submitted to us by a student in order to help you with your studies. This is not an example of the work written by our professional essay writers. Essay Writing Service Dissertation Writing Service Who wrote this essay Place an Order AUTHORITY AND RESPONSIBILTY: Authority and responsibility go hand in hand. These two concepts are like two sides of a coin. APPLY: Burger king has very well used this principle of authority and responsibility, when a manager delegates his authority to any staff member to manage the front counter and customer service and handling customer behaviour he gives certain amount of responsibility aswell so that the worker can manage everything efficiently and effectively … DISCIPLINE: According to Henry Fayol, discipline is believing in the organisation and work with full obedience and energy. It also says that a person should be sincere to his work and have faith in the policies of an organisation. Well work force is able to increase the quality of output. Fayol also not believed in punishment, suspension etc. APPLY: Discipline is very important for every organisation...
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...Fayol’s classic analysis of the management function has largely been made redundant by the more recent empirical studies of what managers actually do, such as that favoured by Mintzberg Introduction The function of a manager is not a set in stoned role. It can be interpreted very widely and differently due to changes in time and also personal opinions. There is the classical approach to management which was concerned with the structure and activities of an organisation, and the modern approach to management which emphasized organisational effectiveness through focus on strategic issues. Fayol had the classical approach to management while Mintzberg had the modern approach. Mintzberg (2005) said the four words; planning, organizing, coordinating and controlling introduced by Fayol only indicate vague objectives that managers have when they work. Throughout this essay I am going to explore the claim that Fayol’s classic analysis of the management function has been made redundant by the more recent views of Mintzberg through comparing and contrasting both theorists’ conceptions of what a manager actually does. Henri Fayol Henri Fayol was a French industrialist who worked as a young mining engineer. He spent his life working his way up in the mine until he became the managing director. Under Fayol the business thrived and grew despite it nearly being bankrupt when he took over. Fayol, who undertook the classical approach to management meant he was mostly concerned...
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