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Topic: Business
Number of pages / Number of words: 8 / 2040
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Fayol was like Taylor in his faith in scientific methods. However, Taylor was basically concerned with organizational functions, while Fayol was interested in the total organization and focused on management. Fayol insisted that management was a skill that could be taught once its underlying 14 principles were understood...


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Fayol insisted that management was a skill that could be taught once its underlying 14 principles were understood. To him, Managerial Objectives are : Planning, Organizing, Command, Coordination, and Control, and his tools for accomplishing these objectives were the following 14 principles.

Fourteen Principles of Management

? Division of work - limited set of tasks

? Authority and Responsibility - right to give orders

? Discipline - agreements and sanctions

? Unity of Command - only one supervisor

? Unity of Direction - one manager per set of activities

? Subordination of Individual Interest to General Interest

? Remuneration of Personnel - fair price for services

? Centralization - reduce importance of subordinate's role

? Scalar Chain - Fayol's bridge

? Order - effective and efficient operations

? Equity - kindliness and justice

? Stability of Tenure of Personnel - sufficient time for familiarity

? Initiative - managers should rely on workers' initiative

? Esprit de corps - "union is strength" "loyal members"

Advantages

? Fayol was the first to give a definition of management namely ?forecast and plan, to organize, to command, to co-ordinate and to control'

? Fayol gave much of the basic terminology and concepts, such as division of labor, scalar chain, unity of command and centralization

Disadvantages

? He was basically describing the structure of formal organization

? Absence of attention to issues such as individual verses general interest, remuneration and equity...


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General points of the essay

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