It is short presentation on Henry Fayol stating his contribution towards the industry

1. Henri
Fayol
1841-1925
Father of Modern Management Theory

2. BIOGRAPHY
Jules Henri Fayol
French
29th July 1841; Constantinople, Ottoman Empire
19th November, 1925; Paris, France
Education: École des Mines de Saint-Étienne
Occupation: Economist, Engineer, Entrepreneur
Known for : Fayolism
Books written : General and Industrial Management,
Henri Fayol's Classic General and Industrial Management

3. 1. Functions of Management
 Planning
 Organizing
 Directing
 Controlling
CONTRIBUTION TO THE
FIELD OF MANAGEMENT

4. 2. Division of Industrial Activities
 Technical Activities
 Commercial Activities
 Financial Activities
 Security Activities
 Managerial Activities

5. 3. Qualities of an Effective Manager
 Physical Qualities
 Moral Qualities
 Education
 Knowledge
 Experience
4. Fourteen Principles of Management

6. APPLICATION
LEVELS:
Managerial, including planning, organizing, command, coordination, and control,
Technical, including production, manufacturing, and adaptation
Commercial, including markets, contracts, buying, selling, and exchange
Financial, involving the search for optimum use of capital, Accounting,
stocktaking, the balance sheet, costs, and statistics

7.  Division of work
 Authority and Responsibility
 Discipline
 Unity of Command
 Unity of Direction
 Subordination of Individual Interest to General
Interest
 Remuneration of Employees
 Centralization and Decentralization
 Scalar Chain
 Order
 Equity
 Stability of Personnel
 Initiative
 Espirit De Corps

8. ● His approach has often been criticized for a lack of emphasis on the now very important human aspect
of management.
● Fayol believed that only managers at the highest level make decisions that are vital in making a
business successful.
● The biggest criticism's that his principles of management were created mainly from the point of view of
the top-level managers.
● In conclusion, his principles still have some relevance to the post-capitalistic ideas of management, as
though his ideas were focused specifically on the types of enterprises that existed at the time of writing.
EVALUATION

9. LIMITATION
LIMITATION OF THEORY
 Management techniques and policies should be adjusted according to
specific circumstances.
 Principles of management are not static in nature.
 Management is concerned with human element in an organization.
 It is still a developing science and its theories have not yet received
universal acceptance.

10. THANK YOU
Presented by :
Aviroop Chatterjee
Bharat Mundhra
Krishnanshu Baishakhiyar
Mahrosh Tabassum
Priyanka Saha