Henry fayol


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Henry fayol

  2. 2.  Assignment Roll. No. By:-Akash 6055 Tahir 6068 Sachin 6006 Mitesh 6044
  3. 3.  Henri Fayol (Istanbul, 29 July 1841–Paris, 19 November 1925) was a French mining engineer and director of mines who developed a general theory of business administration.[1] He and his colleagues developed this theory independently of scientific management but roughly contemporaneously. He was one of the most influential contributors to modern concepts of management
  4. 4. BIOGRAPHPY Fayol was born in 1841 in a suburb of Istanbul, Turkey, where his father, an engineer, was appointed superintendent of works to build a bridge over the Golden Horn[1] (Galata Bridge). They returned to France in 1847, where Fayol studied at the mining school "École Nationale Supérieure des Mines" in Saint-Étienne. When 19 years old he started as an engineer at a mining company "Compagnie de Commentry-Fourchambeau-Decazeville" in Commentry. By 1900 the company was one of the largest producers of iron and steel in France and was regarded as a vital industry.[1] Fayol became managing director in 1888, when the mine company employed over 1,000 people, and held that position over 30 years until 1918. In 1916 he published his experience in the book "Administration Industrielle et Générale", at about the same time as Frederick Winslow Taylor published his Principles of Scientific Management.
  5. 5. THEORY Fayolism Fayols work was one of the first comprehensive statements of a general theory of management. He proposed that there were six primary functions of management and 14 principles of management.
  6. 6. Functions1. forecasting2. planning3. organizing4. commanding5.coordinating6. monitoring (French:contrôler: in the sensethat a manager mustreceive feedback about aprocess in order to makenecessary adjustments). Functions of management
  7. 7. PRINCIPLES OF MANAGEMENT 1. Division of work. This principle is the same as Adam Smiths division of labour. Specialisation increases output by making employees more efficient. 2. Authority & Responsibility. Managers must be able to give orders. Authority gives them this right. Note that responsibility arises wherever authority is exercised.
  8. 8. PRINCIPLES OF MANAGEMENT Discipline. Employees must obey and respect the rules that govern the organisation. Good discipline is the result of effective leadership, a clear understanding between management and workers regarding the organisations rules, and the judicious use of penalties for infractions of the rules. Unity of command. Every employee should receive orders from only one superior.
  9. 9. PRINCIPLES OF MANAGEMENT Unity of direction. Each group of organisational activities that have the same objective should be directed by one manager using one plan. Subordination of individual interests to the general interest. The interests of any one employee or group of employees should not take precedence over the interests of the organisation as a whole.
  10. 10. PRINCIPLES OF MANAGEMENT Remuneration. Workers must be paid a fair wage for their services. Centralisation. Centralisation refers to the degree to which subordinates are involved in decision making. Whether decision making is centralized (to management) or decentralized (to subordinates) is a question of proper proportion. The task is to find the optimum degree of centralisation for each situation.
  11. 11. PRINCIPLES OF MANAGEMENT Scalar chain. The line of authority from top management to the lowest ranks represents the scalar chain. Communications should follow this chain. However, if following the chain creates delays, cross- communications can be allowed if agreed to by all parties and superiors are kept informed. Order. People and materials should be in the right place at the right time.
  12. 12. PRINCIPLES OF MANAGEMENT Equity. Managers should be kind and fair to their subordinates. Stability of tenure of personnel. High employee turnover is inefficient. Management should provide orderly personnel planning and ensure that replacements are available to fill vacancies.
  13. 13. PRINCIPLES OF MANAGEMENT Initiative. Employees who are allowed to originate and carry out plans will exert high levels of effort. Esprit de corps. Promoting team spirit will build harmony and unity within the organisation.
  14. 14.  Fayols work has stood the test of time and has been shown to be relevant and appropriate to contemporary management. Many of today’s management texts including Daft[4] have reduced the six functions to four: (1) planning; (2) organizing; (3) leading; and (4) controlling. Dafts text is organized around Fayols four functions....