Henri Fayol 14 Principles Of Management Essay

Henri Fayol 14 Principles Of Management Essay-21
However, these functions have been condensed down to only four basic but very important ones: planning, organizing, leading and controlling (Robbins et al, 2003, p9).Jovi Gan, 19107358, MGW 1010Fayol placed considerable emphasis on the importance of planning (prevoyance in French).The other principal aspect relates to the development of a staff of qualified executives. Being a relatively new employee, working there for a little over a year, I wanted to ask these questions.

However, these functions have been condensed down to only four basic but very important ones: planning, organizing, leading and controlling (Robbins et al, 2003, p9).Jovi Gan, 19107358, MGW 1010Fayol placed considerable emphasis on the importance of planning (prevoyance in French).The other principal aspect relates to the development of a staff of qualified executives. Being a relatively new employee, working there for a little over a year, I wanted to ask these questions.

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There must be unity of command and direction, with clear definition of responsibilities and a precise decision making system.That is, top management planned in the longest time horizon and engaged in more strategic planning with middle managers spending less time in planning and are more engaged in operational planning rather than strategic ones.Today, managers at all levels are being asked to participate in strategic planning and all of them are responsible for taking a long term view of the organization as a whole (Buhler, 1998, p17).We shall first examine the relevance of Fayol's elements of management in modern day business environment.Fayol regarded the elements of management as functions planning, organizing, commanding, coordinating and controlling.He created a system of management based off of 14 principles that provided guidance to managers on how to accomplish their duties.Educate managers first on how to improve work processes which would then be transferred to individual workers.Henri Fayol was born in 1841 and he graduated as a mining engineer in 1860 from the National School of Mines at St. Following that, he took up a position as an engineer in Commantry-Fourchambault, a company in the mining industry.Fayol eventually rose to the position of managing director in 1888 and at that time, the firm was on the verge of bankruptcy.He held that management must be able to "assess the future and make provision for it" and he views the "action plan" as the most useful output of the planningprocess (Koontz and O'Donnell, 1955, p26).In the past, it was believed that planning varied by organizational level.

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