Showing posts with label Fayol’s fourteen Principles of management. Show all posts
Showing posts with label Fayol’s fourteen Principles of management. Show all posts

Saturday, 1 July 2017

Fayol’s fourteen Principles of management

 Administrative Management - Contribution of Henri Fayol

Henri Fayol was real father of modern Management. Henri Fayol is the French industrialist in 1841-1925. He was a mining engineer in.  Henri Fayol spent his entire working career in French industry; French cool and iron combine of commentary fourchambault. Henri Fayol developed a general theory of Business Administration.

Henri Fayol was concerned the principles of organization and the function of management. Fayol laid the foundation of management as a separate body of knowledge. He always insisted that if scientific forecasting and proper methods are used in management than company can get satisfactory results.  According to Fayol, management was not personal talent; it is a knowledge base skill.