Crucial in understanding management

Assignment Help Business Management
Reference no: EM132539662

Henry Fayol (1841-1925) was a French mining engineer and founder of the process school of management thought. From 1860 to 1918 Fayol worked for only one company called Comambault where he was a junior manager responsible for technical issues (1860-1871), director of operations (1872-1888) and Director General of the company (1888-1918).Thus, whatever thoughts Fayol had about management were mainly driven by personal experience than anything else .As CEO, Fayol turned around Comambault which was on the brick of collapse and bankruptcy.

Fayol gained more notability in the management field when he became an advocate of management studies in schools. The problem then was that there was nothing to teach about management because no one had compiled any learning materials on the subject. Fayol argued that management should be considered as a necessary skill of organizational life, a skill that is separate and apart from any technical knowledge .He was concerned about the universality of administrative processes, and his belief was that society would benefit from the study of management fundamentals at all educational levels. In the home, the church and social organisations, improved administrative abilities would lead to more efficient use of personal and societal resources.

In some of his writings, Fayol argued that "a firm's technical expertise or tactical actions were of little benefit if its administrators were defective in their managerial duties or strategic actions" This meant that, according to Fayol, good administrative talent was more important to the success of an organisation than was technical expertise. Fayol Documented management principles that he had discovered during his working career, hence his theory of what management is about is based on experience .I hope you still remember his 14 principles of management.

To implement some of his suggestions, Fayol recommended that the organisation be split into six distinct units namely; Technical, Commercial, Financial, Security, Accounting, and Managerial activities. He hinted and stressed out that management capability was necessary in each of the first five activities and it was needed to provide high level overall direction to the enterprise. As regards the functions of management, Fayol broke the management process into five elements: Forecasting and planning, organizing, commanding, coordinating and controlling.

On Qualities of good managers ,Fayol suggested (1)physical qualities(Health, Energy and Vigour),(2)Mental Qualities(Ability to understand and learn, good judgment and adaptability),(3)Moral Qualities(Firmness, willingness to accept responsibility,initiative,loyalty ,Tact and dignity),(4) General Education(5) Knowledge(specific knowledge peculiar, to any Technical,commercial,Financial or managerial function to be performed) and (6) Experience. The importance attached to the characteristics varied with the level that one occupied in the Hierarchy of position to be filled.

QUESTION 1

1.1 Being guided by facts presented in the case, what is meant by the fact that Fayolism was mostly strategic and Toylorism more technical and operational? Motivate your answer.

1.2 On several occasions, the case referred to managerial levels, suggesting that these levels are crucial in understanding management. Illustrate and explain what this means.

1.3 What were the main factors which led to the growth of management thinking by Fayol.

Reference no: EM132539662

Questions Cloud

What are total annual cash flows over the life of project : What are the total annual cash flows over the life of the project? Pepega Investments is evaluating a proposal to build a new warehouse.
How does financial management : How does financial management differ in a program compared to a project.
Design and develop a small console program for sab : Design and develop a small console program for Sab, enabling her to select the appropriate item and the package
Calculate brauer profit margin and debt ratio : Calculate Brauer's profit margin and debt ratio. The tax rate will be 34 percent. If the changes are made, what return on equity will the company earn?
Crucial in understanding management : Being guided by facts presented in the case, what is meant by the fact that Fayolism was mostly strategic and Toylorism more technical and operational?
What was the company year-end debt or assets ratio : If Billingsworth's year-end debt (which equals its total liabilities) was $120 million, what was the company's year-end debt/assets ratio?
Find which project has a higher net present value : If an investment project has a profitability index of 1.25, the project's ? which project higher net present value? Which project has a shorter payback period?
What will treat painting of furniture as : A furniture manufacturer who follows ABC, will treat painting of furniture as? Manufacturing overhead/ Product-level activity cost
Explain each step of the change model : Explain each step of the change model. Explain the impact of each model on implementing change and resistance to change.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd