The five functions of management by Henry Fayol Henry Fayol, a French engineer, was a classic management theorist. Fayol is known for his fourteen principles of management as well as the five functions or elements of management.
Get Full Essay Get access to this section to get all help you need with your essay and educational issues. One cannot help but wonder whether the elements and principles of management identified by the father of management theory, Henri Fayol is still applicable after all this while. Henri Fayol was born in and he graduated as a mining engineer in 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 and at that time, the firm was on the verge of bankruptcy.
Fayol wrote as a practical man of business reflecting on his long managerial career and setting down the principles which he had most frequently applied into the fourteen principles of management Fayol,p One must note that the principles of management are like guidelines to refer to rather than rules which must be enforced.
Fayol regarded the elements of management as functions planning, organizing, commanding, coordinating and controlling. However, these functions have been condensed down to only four basic but very important ones: In the past, it was believed that planning varied by organizational level.
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,p Under the organizing function, the task of management is to build up an organization that will allow the basic activities to be carried out efficiently and effectively.
There must be unity of command and direction, with clear definition of responsibilities and a precise decision making system. Hence, organizational structures in the past tend to be very mechanistic Pugh and Hickson,p Since then, there has been a trend towards flatter organizations with fewer levels of management and more emphasis on teamwork so as to give credence to human values so as to ensure that the organization can stay competitive in modern day business environment Wren,pp — The leading function may be perceived as an all-encompassing function of guiding the human resource towards organizational objectives.
It is also commonly referred to as directing, commanding and so forth. In early organizations, leadership was often viewed as a function of custom or as a function of the personal traits of the leader.
The controlling function that is being identified by Fayol consists of ongoing, routine verification of plan implementation and principles. Control today is often tied with technology. Some of the control has been even been replaced by computers instead of being monitored by human managers.
Division of work has to do with the relationship between structure and function.Fayol’s principles focused mainly on the management teams of businesses and helped establish a top to bottom hierarchal system to produce a more structured organization (Brunsson, ; Yoo, Lemak, & Choi, ; Fells, ).
Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government schwenkreis.comment includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural.
Jun 23, · According to Henri Fayol, drawing up a good plan of action is the hardest of the five functions of management. This requires an active participation of the entire organization.
This requires an active participation of the entire schwenkreis.coms: Theorist Henri Fayol published 14 Principles of Management in and also introduced 6 primary functions of management, which complement the Principles. There are certain factors managers need to keep in mind when handling operations of an organization.
business analysis business management business planning. MGT Principles of Management 1 Table of Contents CHAPTER ONE: MEANING, NATURE AND SCOPE OF MANAGEMENT .. 4. Definition of the Strategic Planning Process. Strategic planning is a process undertaken by an organization to develop a plan for achievement of its overall long-term organizational goals..