Presentation on management theory by Henri Fayol. His very famous 14 principles of management and their applications are explained in detail.

1. Management Theory by
Henri Fayol
Presented by –
Varshini Reddy
Sahil Pahuja
Grishma Putran
Chaitanya Tota
Vinay

2. ABOUT HENRI FAYOL
Born in Istanbul in 1841
Developed a general
theory of Business
Administration that is
often called as
Fayolism
Based largely on his
own management
experience, he
developed his concept
of administration
Like his contemporary,
Fredrick Winslow
Taylor, he is widely
acknowledged as a
founder of modern
management methods.

3. 14 Principles of Management
1.Divison of Labor
2. Authority
3. Discipline

4. 14 Principles of Management
4.Unity of Command
5. Unity of Direction
6. Subordination

5. 14 Principles of Management
7.Remuneration
8. Centralization
9. Scalar Chain

6. 14 Principles of Management
10.Order
11. Equity
12. Stability of tenure of personnel
13. Initiative
14. Team Spirit ( Esprit de Corps)

7. FIVE ELEMENTS OF MANAGEMENT
PLANNING
ORGANISING
COMMANDINGCOORDINATING
CONTROLLING

8. APPLICATIONS
Change and
Organisation
Decision-making
Skills to improve
efficiency of
manager
Understanding
management as
variety of
activities
Broder
understanding of
management

9. THANK YOU