Henry Fayol Theory Still Stay Relavant in Today Management

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ENRY FAYOL’S THEORY I MANAGEMENT STILL STAY RELEVANT IN TODAY’S MANAGEMENT Henri Fayol (Istanbul, 29 July 1841 – Paris, 19 November 1925) and his management theory have been in the greatest debate over time for its relevance for both the classic and contemporary management. To begin our exploration profoundly into the debate, we may borrow Fayol’s conclusion “without principles we are working in dark and chaos, without experience and judgment we are still working under great difficulties, even with the best principles. The principles is the lighthouse, which enable us to get our bearings, but it can only help those who know the way into port. Fayol (1949, p.42))” and other judgments of others theorists such as Forlett, Mintzbaerg, Taylor, and Porter to reveal our view of Fayol’s theory’s relevance in today’s management. Although there are limitations, disadvantages and improvements in need, Fayol’s theory has stood the test of time to be the foundation of all later theories in management. We will elaborately go through the exploration by profoundly going into Fayol’s theory of management, comparing and contrasting it with other theories under the provision of other theorists, identifying limitations and disadvantages associated, then claim our judgment that Fayol’s theory is still relevance for today’s business management.

First and foremost, we will briefly go over Fayol’s life, work, achievements and his theory to know more about the foundation for the birth of the theory and its details.
Henry Fayol was born in 1841 in Istanbul, Ottoman Empire. His father is an engineer, and after returning to France in 1847, he got his academic degree in mining in Saint-Etienne in 1860. He joined the company "Compagnie de Commentry-Fourchambeau-Decazeville" as a nineteen-year-old engineer and, became the manager director in 1888, and held this position for more than 30 years. In 1916, he gave born for the book "Administration Industrielle et Générale", which became famous in 1949 with the publication of the General and industrial administration, an English translation of the previous book. In this book, Fayolism was born with his theory of management, which is the core, the critical foundation for all later theories to go into practice.

His starting working management side of the business was one of the first comprehensive statements of a general theory of management. There were five primary functions and 14 principles of management proposes, which are still in application contemporarily.

His five functions of management are that one with the position of the manager should forecast and plan, organize command or direct, coordinate, and control to lead the head of the business go to the right direction.

His 14 principles of management are:
1. Division of work: On special portion of the task, individuals and groups should make the work into divisions to focus more on effort and attention. According to Fayol, work specialization is the best way to best exploit human resources in such organization. 2. Authority: Authority gives managers the right to give orders and to be obeyed. Responsibility also arises associating with authority. 3. Discipline: Rules and regulation of the firm should be obeyed and follows strictly by employees. Good discipline is the identification of effective leadership, clear understanding between the leaders and workers, and penalties are applicable for violations of the rules. 4. Unity of Command: One and only one superior should be obeyed regarding to their orders. 5. Unity of Direction: One plan, one manager, the same objective should be in control and management of the only manager. 6. Subordination of individual interests tot eh general interests: between the interests of the firm and that of the employees, then the interests of the firm should be preferable. 7. Remuneration: Reasonable and fair wages should be paid for workers according to their work and efforts....
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