Henry Fayol

CHAPTER 5: HENRI FAYOL AND ADMINISTRATION
General and industrial direction.
According to Fayol the activities of industrial set about be divided into six group:
* Technical activities (production, manufacture, adaptation)
* technical activities (buying, selling, exchange)
* Financial activities (search for and optimum use of capital)
* Security activities (protection of property and persons)
* bill activities (stocktaking, balance sheet, costs, statistics)
* Managerial activities (planning, organization, command, coordination, control)
Fayol went to examine 14 principles of focal point, which, in his give career, he most often had cause to apply:
1) persona of lead.
2) Authority
3) Discipline
4) Unity of command
5) Unity of direction
6) Subordination of individual interest to the prevalent interest
7) Remuneration
8) Centralization
9) Scalar chain
10) Order
11) Equity
12) Stability to tenure of personnel
13) Initiative
14) Esprit de corps.

Fayol indentified the five element of management:

Conclusion
Henri Fayol was introduced the element of management. The first element is planning.



Planning is created by the crystallize management in the organization. It consists of making the direction of company including the mission, pile and objective to achieve. Planning is in truth important to all workers to work in the right direction. The second element is organizing. It is the process of dividing the tax and job description with the efficiency and effectiveness. For example, job description very important to the workers for guideline to finishing their work. It makes the working process more(prenominal) efficiency if the workers understanding what they need to do and need to file their goal. The third element is command. Command is important for given a task or project to their workers. For example, command from top management to the middle management to implementation the objective of the...If you want to formulate a full essay, order it on our website: Ordercustompaper.com



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