Post on 09-Apr-2018
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EVOLUTION OF
MANAGEMENT THOUGHT
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Reason for evolution:
Rapid industralisation leads to Competition
for capturing the markets.
Also Innovation
But method and process of management remained
Traditional
So it leads to Managerial Inefficiency.
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Management thinkers:
Fredrick winslow taylor
Henry fayol
Elton mayoCharles babbage
Fredrick herzberg
Douglas mcGregor Henry robinson towne
Abraham h. maslow«««
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HENRY FAYOL(1841-1925)
He is known as FATHER of MODERN OPERATION
MANAGEMENT THEORY.
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BACKGROUND:
Born in 1841.
Graduated in 1860.
After that appointed as a miningengineer.
From 1860-1872,worked as Junior
Executive. In 1888 appointed as Chief Executive.
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Contd«.
First thinker who thought of Middle-
management and Top-management
problems.
His contribution to management is
unique and valuable.
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WRITINGS OF FAYOLWRITINGS OF FAYOL:
Started writing in 70s.
Composed his thoughts on
management after his retirement in1918.
Devoted his rest of life to writing and
propagating the principles of mgmt.
Regarded as FRANCIS BACON of
MGMT.
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CONTD«..
Books are embodiment of principles,practical brilliance.
First man who advocated the view thatmgmt can and should be taught.
Most outstanding work ³General andIndustrial Management´ published in1916.
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PRINCIPLES OFMANAGEMENT
Division of Work or Specialisation.
Authority and Responsibility.
Discipline.
Unity of Command.
Unity of Direction.
Gangplanks.
Sub-ordination of individual interest togeneral interest.
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Contd«
Remuneration.
Centralisation.
Order.
Equity.
Stability of tenure of personnel.
Initiative.Esprit de Corps
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ACTIVITIES of an ENTER PRISE
TECHNICAL
COMMERCIAL
FINANCIAL
SECURITY
ACCOUNTING
MANAGERIAL
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MANAGERIAL DUTIES
Plan is judiciously prepared.
Consistency.
Single, competent and energetic
authority.Harmonization and co-ordination.
Clear, distinct, precise decisions.
Efficient selection of personnel.
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Contd«.
Define duties clearly.
Encourage linking for initiative and
responsibility.Recompensation.
Make use of sanctions against
faults and errors.
Maintenance of discipline.
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Contd«.
Ensure that individual interests are
subordinated to the general interes
Special attention to unity of command.Supervise both material and human
order.
Control.
Fight against excess of regulations,
red-tape and paper control.
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Conclusion:
Six separate activities of an enterprise,
five functions of management, sixteen
managerial duties and fourteen
principles constitute a complete theory
of management.
Fayol¶s worked was concerned with the
efficiency of administrators/managers.