List the contributions of Fayol towards Management.
3 years ago
Principle of Management
Henry Fayol is a French industrialist whose contributions are termed as operational management or administrative management. He followed „The Classical Approach‟ to the evolution of management thought. His contributions are given as follows:-
- Grouping of activities of an industrial organization into six groups, namely- Technical, commercial, financial, security, accounting and managerial;
- Identified six types of qualities of a manager are- Physical, mental, moral, educational, technical and experience;
- Fourteen principles of Management namely- Division of Work, Authority and responsibility and so on; and
- Five elements/functions of management- Planning, organizing, commanding, coordinating and
Susmita Sah
Jan 13, 2022