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Management Report About Diversity in the Coca-Cola Company

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Management Report About Diversity in the Coca-Cola Company
The purpose of this essay is to provide a clear explanation about Henri fayol who takes an important role of management practices and teachings in the 21st century. Henri fayol is known as a founding father of the classical management theories and principles (Parker and Ritson 2005). The fourteen principles of management are division of work, authority, discipline, unity of command, unity of direction, subordination of individual interests to the general interest, remuneration, centralization, scalar chain, order, equity, stability of tenure of personnel, initiative and esprit de corps. Management is an activity of planning, organising, leading and controlling which is a guide for human and other resources to reach organisational goals effectively and efficiently (Waddell et al 2011). It means that employees, managers and everybody who are working need to apply management where it is a basic act to achieve the objective of organization. This essay will argue some of authors' views about the contributions of Fayol's theories or concepts for managers today and the criticise aspects of the theories or concepts.

The contribution of fayol to school of management thought is easy to be known in relation to organizational theory (Pryor and Taneja 2010; Parker and Ritson 2005). Firstly, Fayol believes that organizational and business life is a combination of six key activities which are technical, commercial, financial, security, accounting and management. Secondly, Fayol have been classifying five key elements or functions of management which are forecasting and planning, organizing, coordination, command and control. According to Harding (cited in Brunsson 2008, p. 33) states that 'managers are describe to plan, organize, staff, direct, and control, and these functions are stated as absolute truths, to which there can be no objection'. The intention of this statement is to build a good characteristic of manager. According to Parker and Ritson (2005) indicates in Fayol's



References: Brunsson, KH 2008, 'Some Effects of Fayolism ', International Studies of Management & Organisation, vol. 38, no. 1, Spring, pp. 30-47. Crainer, S 2003, 'One hundred years of management ', Business Strategy Review, vol. 14, no. 2, pp. 41-49, Business Source Complete Database. McLean, J 2011, 'Fayol – standing the test of time ', British Journal of Administrative Management, Spring, pp. 32-33. Parker, LD & Lewis, NR 1995, 'Classical management control in contemporary management & accounting : The persistence of Taylor and Fayol 's world ', Accounting, Business and Financial History, vol. 5, no. 2, pp. 211-235, Business Source Complete Database. Parker, LD & Ritson, PA 2005, 'Revisiting Fayol: Anticipating Contemporary Management ', British Journal of Management, vol. 16, pp. 175-194. Pryor, MG & Taneja, S 2010, 'Henri Fayol, practitioner and theoretician – revered and reviled ', Journal of Management History, vol. 16, no. 4, pp. 489-503. Pugh, DS & Hickson, DJ 2007, Writers on organisations, 6th edn, Penguin books. Spatig, L 2009, 'Rediscovering Fayol: Parallels to behavioralist management and transformational leadership ', Northeast Business & Economics Association Proceedings, pp. 196-199, Business Source Complete Database. Waddell, D, Jones, GR & George, JM 2011, Contemporary Management, 2nd ed, McGraw-Hill. Wren, DA 2001, 'Henri Fayol as strategist: a nineteenth century corporate turnaround ', Management Decision, vol. 39, issue 6, pp. 475-487.

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