3. INDEX
๏ Biography
๏ Contribution to the field of management
๏ Evaluation
๏ Application of Fayolโs theory in organizations
๏ Limitation of the theory
๏ Conclusion
3
neeraj singh
4. "To manage is to forecast and to plan, to
organise, to command, to coordinate and to
control".
- Henri Fayol
4
neeraj singh
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 became
Director in 1888.
๏ Wrote a book in 1916 โAdministration Industrielle et generale.โ
๏First management thinker who provided the conceptual
framework 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 Modern
Management Thought. 5
neeraj singh
6. Contribution to the field of Management
๏ Administrative Management Theory
๏ Principles of Management
๏ Viewed management as a profession that can
be trained and developed
๏ Emphasized the broad policy aspects of top
level managers ( top down approach)
๏ Offered universal managerial prescriptions
6
neeraj singh
7. Administrative Management Theory
The functions of management according to
Fayol are:
๏ผPlanning
๏ผOrganising
๏ผStaffing
๏ผCommanding
๏ผCoordinating
๏ผControlling
7
neeraj singh
8. Principles of Management
1. 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.
8
neeraj singh
10. Viewed management as a profession
๏ Fayolโs 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.
10
neeraj singh
11. Offered universal managerial prescriptions
๏ He recommended the selection and training
of workers and managers.
๏ He suggested certain qualities of managerโs
winch include physical, mental, moral,
educational technical and experience.
11
neeraj singh
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.
12
neeraj singh
13. Evaluation
๏ Fayolโs 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.
13
neeraj singh
14. Limitations
๏ Stressed a โone best wayโ way of organizing and
managing.
๏ Theory based on intuition and observation rather than
on empirical investigation.
๏ Todayโs environment are more turbulent and
unpredictable.
๏ Too general for todayโs highly complex organization.
14
neeraj singh
15. Conclusion
The management principles suggested by him
are universally accepted by modern authorities
on management and are treated as valid even to
this day. This is because these principles are
practical in nature and also result-oriented. These
basic principles are useful for effective
management of business activities.
15
neeraj singh