Henris Fayol
Title: Henris Fayol
Category: /Business & Economy
Details: Words: 325 | Pages: 1 (approximately 235 words/page)
Henris Fayol
Category: /Business & Economy
Details: Words: 325 | Pages: 1 (approximately 235 words/page)
Henri Fayol was a key figure in today's management theory. Fayol laid 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 exact obedience.
3.Discipline- No slacking, bending of rules.
4.Unity of command- Each employee has one and only one boss.
5.Unity of direction- A single mind generates a single plan and all
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to provide it with everything useful to it's functioning such 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 of the firm to increase efficiency.
5.Controlling performance- Consists of verifying everything that happens is what they had planned to happen and how it happened.