Henris Fayol

Henri Fayol was a key figure in todays management theory. Fayol primed(p) down the following principles of management:

1.Specialization of labor- Specializing encourages continuous improvement in skills and the development of improvements in methods.

2.Authority- The right to give orders and the power to hold obedience.

3.Discipline- No slacking, bending of rules.

4.Unity of verify- Each employee has one and only one boss.

5.Unity of direction- A single mind generates a single externalize and all play their part in that plan.

6.Subordination of Individual Interests- When at work, only work things should be pursued or popular opinion about.

7.Remuneration- Employees receive fair payment for services, not what the company digest get away with.

8.Centralization- Consolidation of management functions. Decisions are do from the conduct.

9.Scalar Chain (line of authority)- Formal chain of command running from top to bottom of the organization, like military

10.Order- All materials and personnel have a prescribed place, and they must remain there.

11.Equity- Equality of treatment (but not necessarily identical treatment)

12.Personnel Tenure- Limited turnover of personnel. Lifetime calling for erect workers.

13.Initiative- Thinking out a plan and do what it takes to make it happen.

14.Esprit de corps- Harmony, cohesion among personnel.

Out of the 14, the most important elements are specialization, iodin of command, scalar chain, and, coordination by managers (an amalgam of authority and unity of direction).

He motto a managers job as:

1. Planning- Defining and organizing an organizations goals and establishing an overall dodge for achieving those goals.

2.Organizing- Organizing a business to provide it with everything useful to its functioning such(prenominal) as raw materials, tools, capital, and personnel.

3.Commanding- A manager in command that knows the people he/she works with, understands all of the agreements associated with the firm, and is a good leader.

4.Coordinating activities- Integrating all the actions...

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