|Family Name |Given |Student ID Number |Subject |Signature | | |Name(s) | | | | |Ho |Thanh Tuan |15676720 |Management Fundamentals |Signed | |Le |Thuy Quynh |15825628 |Management Fundamentals |Signed | |Nguyen |Thi Thuong Huyen |15824793 |Management Fundamentals |Signed | |Nguyen |Thuy Duong |15824480 |Management Fundamentals |Signed | |Tran |Le Nam |15825367 |Management Fundamentals |Signed | |Tran |Viet Dung |15824451 |Management Fundamentals |Signed |
|Subject: Management Fundamentals | |Lecturer: Mr. Michael Burgess | |Date: 10 February 2009 |
Throughout the last several thousand years, examples of management practice can be found; however, management as a field of knowledge is quite recent. Much of the impetus for developing management theories and principles came from the industrial revolution and growth of factories in the early 1800s. At first, a group, known as pre-classical contributors to management, focused largely on the application of particular techniques to solve specific problems. They were followed by individuals who developed broader principles and theories making up major viewpoints of management. Among these individuals is Henri Fayol, the French industrialist, the author of the administrative management theory.
This report provides an in-depth analysis of Henri Fayol management theory by starting to look at his biography, then moving to the way how his theory was developed and how it is useful to the current management practice. The report also compares Henri Fayol theory with those of other classical approach authors, F.W. Taylor and M. Weber. The analysis has shown that while the advocate of scientific management concentrated on developing principles to help organize tasks more effectively and Weber struggled with the concept of bureaucracy, the administrative management theorist, Henri Fayol focused on principles for managers to coordinate internal activities of organizations. It is interesting to notice that his ideas and concepts of management were developed based on his own experience as a manager in the mining company.
The report also investigates that the currently popular functional approach to management that regards management as encompassing 4 functions (planning, organizing, leading and controlling) possibly derived from Fayol’s 5 rules (planning, organizing, commanding, coordinating and controlling). It draws attention to the fact that the Fayol’s theory is still very practical, useful and applicable. A real example of how Fayol’s principles and rules are applied in the health sector in Vietnam tells the readers that the administrative theory also works relatively universally. Tested and verified by the history, it is easily recognized that Henri Fayol has been the one among the best who laid the foundations for management.
TABLE OF CONTENTS
2.1Biography of Henri Fayol4
2.2Fayol’s Management Theory5
2.3The setting in which Fayol’s theory first developed7 2.4The way in which the theory may be useful9
2.5Distinguish Fayol with Frederick...