Henri fayol ppt 1


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Henri fayol ppt 1

  1. 1. Major Contributor OfManagement Thought neeraj singh 1
  2. 2. HENRI FAYOL (1841-1925) neeraj singh 2
  3. 3. INDEX Biography Contribution to the field of management Evaluation Application of Fayol’s theory in organizations Limitation of the theory Conclusion neeraj singh 3
  4. 4. "To manage is to forecast and to plan, toorganise, to command, to coordinate and tocontrol". - Henri Fayol neeraj singh 4
  5. 5. Biography French mining engineer and a management theorist Studied at mining school in Saint-Etienne Started as an engineer at a mining company and becameDirector in 1888. Wrote a book in 1916 “Administration Industrielle et generale.”First management thinker who provided the conceptualframework of the functions of management in his book.Due to his contribution to management theory and principles,Henry Fayol is rightly treated as the Father of ModernManagement Thought. neeraj singh 5
  6. 6. Contribution to the field of Management Administrative Management Theory Principles of Management Viewed management as a profession that canbe trained and developed Emphasized the broad policy aspects of toplevel managers ( top down approach) Offered universal managerial prescriptions neeraj singh 6
  7. 7. Administrative Management TheoryThe functions of management according toFayol are:PlanningOrganisingStaffingCommandingCoordinatingControlling neeraj singh 7
  8. 8. Principles of Management1. Division of work.2. Authority and responsibility.3. Discipline.4. Unity of command.5. Unity of direction.6. Subordination of personal interest to organizational interests. neeraj singh 8
  9. 9. Contd… 7. Remuneration 8. Centralization 9. Scalar chain10. Order11. Equity12. Stability of tenure13. Span of co-operation14. Initiative neeraj singh 9
  10. 10. Viewed management as a profession Fayol’s theory of management was the first complete theory of management as we understand today. It incorporated proven principles, elements, procedures and techniques based on his practical experience. neeraj singh 10
  11. 11. Offered universal managerial prescriptions He recommended the selection and training of workers and managers. He suggested certain qualities of manager’s winch include physical, mental, moral, educational technical and experience. neeraj singh 11
  12. 12. Application Emergence of knowledge society. Development of socially concerned Humanistic society. Growing use of innovations and R & D. Social accountability of business. Satisfaction of human and social values in man-machine system. neeraj singh 12
  13. 13. Evaluation Fayol’s contribution to management theory is certainly remarkable. He gave overall concepts of general management and suggested the basic functions of management. In fact, the 14-principles are the outcome of his long experience as a practicing manager. He also advocated the use of organisation charts. neeraj singh 13
  14. 14. Limitations Stressed a “one best way” way of organizing andmanaging. Theory based on intuition and observation rather thanon empirical investigation. Today’s environment are more turbulent andunpredictable. Too general for today’s highly complex organization. neeraj singh 14
  15. 15. ConclusionThe management principles suggested by himare universally accepted by modern authoritieson management and are treated as valid even tothis day. This is because these principles arepractical in nature and also result-oriented. Thesebasic principles are useful for effectivemanagement of business activities. neeraj singh 15
  16. 16. THANK YOU neeraj singh 16