A Class notes for MBA- first year students, on principles of management in simple language,- Introduction of management, Scientific management(Taylor law). this blog guide the student to achieve your career, personality development and career,job related article.
Principle of management:- Contribution of Henri Fayol, Administrative Management theory in classical theory of management
Evaluation of management
The Classical theory of 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
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.
Henri Fayol’s Administrative
Management is based on six admin activities. They are-
of work: Division of work means specialization. Each job and
work should be divided into small task and should be assigned to specialist of
and responsibility: Authority means right to give order and
command while responsibility means to accomplish objective.
Discipline is required at every level in every organization. Fayol stated
discipline in terms of obedience, application, and respect to superiors.
of command: A subordinate should receive order from
only one boss.
of direction: It means that all the works of an
organization must work together to accomplish a common objective in under one
plan and head.
of individual interest to common interest: Worker follows
the common interest of organization rather than individual.
Remuneration should be fair and adequate. It includes both types of incentives
financial as well as non financial.
There should be one central point in organization which exercises overall
direction and control of all the parts.
Chain: Scalar chain is the chain or line of command from
superior to subordinates.
Only proper order can give an efficient management.
Equity creates loyalty and devotion among the employees.
of tenure personnel: Security of job for an employee in an
organization is very important and pre-requisite condition. Retaining
productive employee should always a higher priority of management.
de corps: Management should encourage harmony and proper understandings
between workers. Fayol said that in union there is strength. Whole organization
should work as a team.
should be encouraged the employees Initiative for creative working.