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Major Contributor
Of
Management Thought
1
neeraj singh
HENRI FAYOL (1841-1925)
2
neeraj singh
INDEX
๏ƒ˜ Biography
๏ƒ˜ Contribution to the field of management
๏ƒ˜ Evaluation
๏ƒ˜ Application of Fayolโ€™s theory in organizations
๏ƒ˜ Limitation of the theory
๏ƒ˜ Conclusion
3
neeraj singh
"To manage is to forecast and to plan, to
organise, to command, to coordinate and to
control".
- Henri Fayol
4
neeraj singh
Biography
๏ƒ˜ French mining engineer and a management theorist
๏ƒ˜ Studied at mining school in Saint-Etienne
๏ƒ˜ Started as an engineer at a mining company and became
Director in 1888.
๏ƒ˜ Wrote a book in 1916 โ€œAdministration Industrielle et generale.โ€
๏ƒ˜First management thinker who provided the conceptual
framework of the functions of management in his book.
๏ƒ˜Due to his contribution to management theory and principles,
Henry Fayol is rightly treated as the Father of Modern
Management Thought. 5
neeraj singh
Contribution to the field of Management
๏ƒ˜ Administrative Management Theory
๏ƒ˜ Principles of Management
๏ƒ˜ Viewed management as a profession that can
be trained and developed
๏ƒ˜ Emphasized the broad policy aspects of top
level managers ( top down approach)
๏ƒ˜ Offered universal managerial prescriptions
6
neeraj singh
Administrative Management Theory
The functions of management according to
Fayol are:
๏ƒผPlanning
๏ƒผOrganising
๏ƒผStaffing
๏ƒผCommanding
๏ƒผCoordinating
๏ƒผControlling
7
neeraj singh
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
Contdโ€ฆ
7. Remuneration
8. Centralization
9. Scalar chain
10. Order
11. Equity
12. Stability of tenure
13. Span of co-operation
14. Initiative
9
neeraj singh
Viewed management as a profession
๏ƒ˜ Fayolโ€™s theory of management was the first
complete theory of management as we
understand today.
๏ƒ˜ It incorporated proven principles, elements,
procedures and techniques based on his
practical experience.
10
neeraj singh
Offered universal managerial prescriptions
๏ƒ˜ He recommended the selection and training
of workers and managers.
๏ƒ˜ He suggested certain qualities of managerโ€™s
winch include physical, mental, moral,
educational technical and experience.
11
neeraj singh
Application
๏ƒ˜ Emergence of knowledge society.
๏ƒ˜ Development of socially concerned Humanistic
society.
๏ƒ˜ Growing use of innovations and R & D.
๏ƒ˜ Social accountability of business.
๏ƒ˜ Satisfaction of human and social values in
man-machine system.
12
neeraj singh
Evaluation
๏ƒ˜ Fayolโ€™s contribution to management theory is
certainly remarkable.
๏ƒ˜ He gave overall concepts of general
management and suggested the basic
functions of management.
๏ƒ˜ In fact, the 14-principles are the outcome of
his long experience as a practicing manager.
๏ƒ˜ He also advocated the use of organisation
charts.
13
neeraj singh
Limitations
๏ƒ˜ Stressed a โ€œone best wayโ€ way of organizing and
managing.
๏ƒ˜ Theory based on intuition and observation rather than
on empirical investigation.
๏ƒ˜ Todayโ€™s environment are more turbulent and
unpredictable.
๏ƒ˜ Too general for todayโ€™s highly complex organization.
14
neeraj singh
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
THANK YOU
16
neeraj singh

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henrifayolppt1-121022014648-phpapp02.pdf

  • 3. INDEX ๏ƒ˜ Biography ๏ƒ˜ Contribution to the field of management ๏ƒ˜ Evaluation ๏ƒ˜ Application of Fayolโ€™s theory in organizations ๏ƒ˜ Limitation of the theory ๏ƒ˜ 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 ๏ƒ˜ French mining engineer and a management theorist ๏ƒ˜ Studied at mining school in Saint-Etienne ๏ƒ˜ Started as an engineer at a mining company and became Director in 1888. ๏ƒ˜ Wrote a book in 1916 โ€œAdministration Industrielle et generale.โ€ ๏ƒ˜First management thinker who provided the conceptual framework of the functions of management in his book. ๏ƒ˜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 ๏ƒ˜ Administrative Management Theory ๏ƒ˜ Principles of Management ๏ƒ˜ Viewed management as a profession that can be trained and developed ๏ƒ˜ Emphasized the broad policy aspects of top level managers ( top down approach) ๏ƒ˜ Offered universal managerial prescriptions 6 neeraj singh
  • 7. Administrative Management Theory The functions of management according to Fayol are: ๏ƒผPlanning ๏ƒผOrganising ๏ƒผStaffing ๏ƒผCommanding ๏ƒผCoordinating ๏ƒผControlling 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
  • 9. Contdโ€ฆ 7. Remuneration 8. Centralization 9. Scalar chain 10. Order 11. Equity 12. Stability of tenure 13. Span of co-operation 14. Initiative 9 neeraj singh
  • 10. Viewed management as a profession ๏ƒ˜ Fayolโ€™s theory of management was the first complete theory of management as we understand today. ๏ƒ˜ It incorporated proven principles, elements, procedures and techniques based on his practical experience. 10 neeraj singh
  • 11. Offered universal managerial prescriptions ๏ƒ˜ He recommended the selection and training of workers and managers. ๏ƒ˜ He suggested certain qualities of managerโ€™s winch include physical, mental, moral, educational technical and experience. 11 neeraj singh
  • 12. Application ๏ƒ˜ Emergence of knowledge society. ๏ƒ˜ Development of socially concerned Humanistic society. ๏ƒ˜ Growing use of innovations and R & D. ๏ƒ˜ Social accountability of business. ๏ƒ˜ Satisfaction of human and social values in man-machine system. 12 neeraj singh
  • 13. Evaluation ๏ƒ˜ Fayolโ€™s contribution to management theory is certainly remarkable. ๏ƒ˜ He gave overall concepts of general management and suggested the basic functions of management. ๏ƒ˜ In fact, the 14-principles are the outcome of his long experience as a practicing manager. ๏ƒ˜ He also advocated the use of organisation charts. 13 neeraj singh
  • 14. Limitations ๏ƒ˜ Stressed a โ€œone best wayโ€ way of organizing and managing. ๏ƒ˜ Theory based on intuition and observation rather than on empirical investigation. ๏ƒ˜ Todayโ€™s environment are more turbulent and unpredictable. ๏ƒ˜ Too general for todayโ€™s 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