Report on Henri Fayol Management Theory and Principles…
Student Name: Ahmed Ali Al-Riyami
Student ID: 11s1248
Tutor: Dr. Mohsin Aziz
Today 's managers have access to an amazing array of resources which they can use to improve their skills. But what about those managers who were leading the way forward 100 years ago? Managers in the early 1900s had very few external resources to draw upon to guide and develop their management practice. But thanks to early theorists like Henri Fayol (1841-1925), managers began to get the tools they needed to lead and manage more effectively. Fayol, and others like him, are responsible for building the foundations of modern management theory.
Henri Fayol was born in Istanbul in 1841. When he was 19, he began working as an engineer at a large mining company in France. He eventually became the director, at a time when the mining company employed more than 1,000 people.
Through the years, Fayol began to develop what he considered to be the 14 most important principles of management and define the six functions of management. Essentially, these explained how managers should organize and interact with staff.
The twentieth century has brought in a number of management theories which have helped shaped our view of management in the present business environment. Henri Fayol 's management theory is pioneer in its own right, outlining clear and distinct duties and roles of management and his theory is by far the most relevant in today’s management style. Plan, Organize, Command, Co-ordinate, and Control are the five core issues of the Henri Fayol 's management, which have made the theory more practical over the
References: - *http://www.mindtools.com/pages/article/henri-fayol.htm *http://bhyousefi.com/?p=260 *http://www.studymode.com/essays/Henri-Fayol 's-Management-Theory-1527024.html