2. INDEX
Henri Fayol
(29 July 1841 – 19 November 1925)
Chester Irving Barnard
(7 November 1886 – 7 June 1961)
George Elton Mayo
(26 December 1880 – 7 September 1949)
Peter Ferdinand Drucker
(November 19, 1909 – November 11, 2005)
3. HENRI FAYOL
Henri Fayol (29 July 1841 –
19 November 1925) was a
French mining engineer,
mining executive, author
and director of mines who
developed general theory of
business administration
that is often called
Fayolism.
4. FAYOLISM
Functions of management
Planning
Organizing
Commanding
Coordinating
Controlling
Principles of management
DIVISION OF WORK AUTHORITY
DISCIPLINE UNITY OF COMMAND
UNITY OF DIRECTION Subordination of
Individual Interest
Remuneration The Degree of Centralization
Scalar Chain Order
Equity Stability of Tenure of Personnel
Initiative ESPIRIT DE CORPS
Henri Fayol's work was one of the first comprehensive statements of
a general theory of management.
He proposed that there were five primary functions of management
and fourteen principles of management
5. CHESTER
BARNARD
Chester Irving Barnard (November 7, 1886
– June 7, 1961) was
an American business executive, public
administrator, and the author of
pioneering work in management theory
and organizational studies.
He authored “The Functions of the
Executive”, which sets out a theory of
organization and of the functions of
executives in organizations. The book has
been widely assigned in university courses
in management theory and organizational
sociology.
6. THE FUNCTIONS OF THE
EXECUTIVE
Barnard's classic 1938 book, The Functions of the
Executive discusses, as the title suggests, the functions of the
executive, but not from a merely intuitive point of view, but
instead deriving them from his conception of cooperative
systems.
Barnard summarized the functions of the executive as follows:
Establishing and maintaining a system of communication;
Securing essential services from other members;
Formulating organizational purposes and objectives.
To manage people and make sure they do their jobs
7. GEORGE ELTON
MAYO
George Elton Mayo is widely recognized as
the father of human relations theory.
He explained the role of human behavior in
production and also highlighted the
importance of communication between the
workers and the management.
8. PETER DRUCKER
Peter Ferdinand Drucker was an Austrian-born
American management consultant, educator, and
author, whose writings contributed to the
philosophical and practical foundations of the
modern business corporation.
He was also a leader in the development of
management education, he invented the concept
known as management by objectives and self-
control, and he has been described as "the founder
of modern management.“
9. MANAGEMENT BY
OBJECTIVES
Management By Objectives (MBO),
developed by Peter Drucker in a
practical way.
Management By Objectives (MBO)
is an performance
management approach in which a
balance is sought between the
objectives of employees and the
objectives of an organization.
10. BIBLIOGRAPHY
14 Principles of Management. (2008, Aug 29). Retrieved 10
2008, from www.12manage.com:
http://www.12manage.com/methods_fayol_14_principles_of_m
anagement.html
Drucker, P. (2007). Management Tasks, Responsibilities,
Practices. New Jersey: Transaction Publishers.
Kotelnikov, V. (2008). Management by Objective. Retrieved 10
2008, from www.1000ventures.com:
http://www.1000ventures.com/business_guide/mgmt_mbo_ma
in.html
