With each segment of the book, Fayol addresses a unique dimension of the management function. He begins with a relevant discussion on the need for dedicated management education, explaining in detail the various activities of management as we know them today- technical, commercial, financial, security, accounting, and managerial. It is remarkable to observe that years after his work was first published, management schools continue to offer these very areas as specializations and academic texts on managements continue to study the field through this fundamental framework that he established. Here, it can be observed how Fayol distinguishes between the different activities require varying skills, arriving at the conclusion that at higher grades of employees is the managerial ability.
Overall, the quick outlook would hopefully have highlighted the alignment of the functions of management in different management theories.
What do these functions entail, why are they important and how to utilize them? Planning The first managerial function involves planning. The function is about creating a detailed plan towards achieving a specific organizational objective. When you are planning, you are identifying the tasks, which are required to achieve the desired goals, outlining how the tasks should be performed, and identifying when and by whom they must be performed.
You will need to look both at the short- and long-term success of the organization as part of the plan. You will need to look at the different ways you and the team could achieve this goal. This might include things like creating a new advertisement campaign, reducing prices or speaking to customers about their shopping plans.
Your role is to pick the processes that you find the most appropriate and to organize them into a logical pattern. You must also identify the timeline for these processes.
As you might realize, planning is on on-going function. Management will regularly have to plan the future tasks and adjust the plans based on the organizational situation and the achievement of previous goals.
Furthermore, it requires the whole organization to work together as the different departments or team plans need to link to each other and align with the organizational objective.
Henri Fayol called the function the most difficult to achieve! You need a lot of knowledge and flexibility in order to plan activities effectively.
Why is planning essential? Why is planning important? Planning provides the organization a better sense of what it wants to achieve and how it can achieve this. You essentially have more focus when you plan for things.
Think what would happen if you went into a big job interview without any planning. But if you plan for the interview, you now exactly the points you want to make, you have enough knowledge to respond to specific questions about the company and so on.
In effect, planning ensures the proper utilization of the available resources and the ability to understand how these should be used in order to achieve the goal. In the example of the interview, the planning helps you take advantage of information on company websites, research interview questions and to then use this information to outline example answers.
A key part of planning is also the vital role it plays in reducing risks. When management plans for the tasks ahead, they are looking at the situation and detailing the possible pitfalls ahead. As with your interview, the risk of not knowing anything about the company or giving an incoherent answer is higher than if you had planned your answers a little.
When you need to come engage in planning, you should focus on the following steps: Gain knowledge of the issues — You need to understand the organizational objectives, the different components they involve, and the available resources you and the team have. You also need to be knowledgeable of the topic at hand.
In terms of increasing sales, you need to have an understanding of how the sales industry works and what different methods can effectively boost company sales. Look into the future — The function is about understanding the short- and long-term objectives the organization wants to achieve.
You need to consider not just these different elements, but also be able to make predictions about the future conditions for achieving these.• Henri Fayol, the French industrialist and management consultant of the early twentieth century.
• He has long been acknowledged as a founding father of the classical management school of thought. Henri Fayol The French engineer established the first principles of the classical management theory at the start of the last century.
Fayol is considered the founding . General and Industrial Management by Henri Fayol and a great selection of similar Used, General and Industrial Profile of henri fayol, a founding father of the classic General and Industrial Management Fayol Henri fayol's principles of management.
Profile of Henri Fayol, a Founding Father of Management Background and Carrier Henri Fayol was a French industrialist and manager, working in the mine industry and looking for applicable solution to.
management theories such as Taylor’ Scientific Management and Fayol’s Administrative Management.
In the late ’s and early ’s the Hawthorne studies were conducted where Elton Mayo was the predominate figure and contributed to the Behavioural viewpoint.