Theory of Scientific Management and Business Administration: Henri Fayol
Q3 Henri FAYOL and max Wafers contributed positive to the area of MGT though show the contribution of each of them
Henri FAYOL (Istanbul, 29 July 1841–Paris, 19 November 1925) was a French mining engineer, director of mines, who developed independent of the theory of Scientific Management, a general theory of business administration [1]; he was one of the most influential contributors to modern concepts of management.
FAYOL is one of the first comprehensive statements of a general theory of management, [2] developed by Fayol. He has proposed that there are six primary functions of management and 14 principles of management [3] forecasting planning organizing commanding coordinating controlling
Controlling is described in the sense that a manager must receive feedback about a process in order to make necessary adjustments. Principles of Management.
Division of work: This principle is the same as Adam Smith's 'division of labor'. Specialization increases output by making employees more efficient.
Authority:
Managers must be able to give orders. Authority gives them this right. Note that responsibility arises wherever authority is exercised.
Discipline:
Employees must obey and respect the rules that govern the organisation. Good discipline is the result of effective leadership, a clear understanding between management and workers regarding the organization’s rules, and the judicious use of penalties for infractions of the rules.
Unity of command: Every employee should receive orders from only one superior.
Unity of direction: Each group of organizational activities that have the same objective should be directed by one manager using one plan.
Subordination of individual interests to the general interest: The interests of any one employee or group of employees should not take precedence over the interests of the organization as a whole.
Remuneration:
Workers must be paid a fair wage for their services.
Centralization:
Henri FAYOL (Istanbul, 29 July 1841–Paris, 19 November 1925) was a French mining engineer, director of mines, who developed independent of the theory of Scientific Management, a general theory of business administration [1]; he was one of the most influential contributors to modern concepts of management.
FAYOL is one of the first comprehensive statements of a general theory of management, [2] developed by Fayol. He has proposed that there are six primary functions of management and 14 principles of management [3] forecasting planning organizing commanding coordinating controlling
Controlling is described in the sense that a manager must receive feedback about a process in order to make necessary adjustments. Principles of Management.
Division of work: This principle is the same as Adam Smith's 'division of labor'. Specialization increases output by making employees more efficient.
Authority:
Managers must be able to give orders. Authority gives them this right. Note that responsibility arises wherever authority is exercised.
Discipline:
Employees must obey and respect the rules that govern the organisation. Good discipline is the result of effective leadership, a clear understanding between management and workers regarding the organization’s rules, and the judicious use of penalties for infractions of the rules.
Unity of command: Every employee should receive orders from only one superior.
Unity of direction: Each group of organizational activities that have the same objective should be directed by one manager using one plan.
Subordination of individual interests to the general interest: The interests of any one employee or group of employees should not take precedence over the interests of the organization as a whole.
Remuneration:
Workers must be paid a fair wage for their services.
Centralization: