What is Management? Five elements

Fayol's definition of management roles and actions distinguishes between Five Element

 Prevoyance. (Forecast & Plan). Examining the future and drawing up a plan of action. The elements of strategy.

To organize. Build up the structure, both material and human, of the undertaking.

 To command. Maintain the activity among the personnel.

 To coordinate. Binding together, unifying and harmonizing all activity and effort.

 To control. Seeing that everything occurs in conformity with established rule and expressed command

 

Origin of the 14 Principles of Management. History

Henri Fayol (1841-1925) was a French management theorist whose theories in management and organization of labor were widely influential in the beginning of 20th century. He was a mining engineer who worked for a French mining company Commentry-Fourchamboult-Decazeville, first as an engineer. Then he moved into general management and became Managing Director from 1888 to 1918. During his tenure as Managing Director he wrote various articles on 'administration' and in 1916 the Bulletin de la Société de l’ Industrie Minérale, printed his "Administration, Industrielle et Générale – Prévoyance, Organisation, Commandement, Coordination, Contrôle". In 1949 the first English translation appeared: ‘General and Industrial Management’ by Constance Storrs

 

 

Usage of the 14 Management Principles. Applications

 

 Change and Organization.

 Decision-making.

Skills. Can be used to improve the basic effectiveness of a manager.

 Understand that management can be seen as a variety of activities, which can be listed and grouped.

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SOURCE: Book: Henri Fayol - General and Industrial Management