| A | B |
|---|
| ideas were shaped by his experience as a managing director and CEO of Comambault Mining | Henri Fayol |
| Fayol is best known for developing | five functions of managers and 14 principles of management, as well as for his belief that management could and should be taught to othe |
| Five Functions of Managers | Planning, Organizing, Commanding, Coordinating, Controlling |
| Fayol believed management theories | could be developed, then taught |
| Fayol suggested that it is important to have unity of command | a concept that suggests there should be only one supervisor for each person in an organization. |
| Fayol's 14 Principles of Management: Specialization of labor | Specializing encourages continuous improvement in skills and the development of improvements in methods. |
| Fayol's 14 Principles of Management:Authority | The right to give orders and the power to exact obedience. |
| Fayol's 14 Principles of Management:Discipline. | No slacking, bending of rules. The workers should be obedient and respectful of the organization. |
| Fayol's 14 Principles of Management: Unity of command | Each employee has one and only one boss. |
| Fayol's 14 Principles of Management: Unity of direction | A single mind generates a single plan and all play their part in that plan. |
| Fayol's 14 Principles of Management: Subordination of Individual Interests | When at work, only work things should be pursued or thought |
| Fayol's 14 Principles of Management: Remuneration | Employees receive fair payment for services, not what the company can get away |
| Fayol's 14 Principles of Management: Centralization | Consolidation of management functions. Decisions are made from the top. |
| Fayol's 14 Principles of Management: Chain of Superiors (line of authority). | Formal chain of command running from top to bottom of the organization, like military |
| Fayol's 14 Principles of Management: Order | All materials and personnel have a prescribed place, and they must remain there. |
| Fayol's 14 Principles of Management:Equity | Equality of treatment (but not necessarily identical treatment) |
| Fayol's 14 Principles of Management:Personnel Tenure. | Limited turnover of personnel. Lifetime employment for good workers. |
| Fayol's 14 Principles of Management: Initiative | Thinking out a plan and do what it takes to make it happen. |
| Fayol's 14 Principles of Management:Esprit de corps. | Harmony, cohesion among personnel. It's a great source of strength in the organisation. Fayol stated that for promoting esprit de corps, the principle of unity of command should be observed and the dangers of divide and rule and the abuse of written communication should be avoided. |
