Fayol's Management Principles

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Introduction
The management and organisations discipline considers Henry Fayol (1841 – 1925) to be one of the early practitioners of management who recognised principles and theories of management. Indeed, current students, teachers and practitioners find Fayol’s management principles to be of interest. This is especially the case since numerous management authors (Bose, 2013: Lamond, 2005: Lewis, 2007) have the common belief that Fayol’s effort founded the elementary framework and principles for management theory currently being applied. Fayol dedicated a lot of time to endorsing the theory of administration and throughout this time argued that all business activities precipitate undertakings which are classified into six groups: financial, commercial, technical, accounting security, and management (Lamond, 2005). While focusing on the management aspect, Fayol considered it to be a systematic arrangement and integration of the financial, accounting, production, and sales functions of the organisation. Hence, the purpose of Fayol’s management theory was a way of establishing management as a different aspect from other technical activities, however, important to the integration of various organisational activities in order to realise a common objective. In that respect, Parker & Ritson, 2005 posit that Fayol’s management principles offered and continue to offer an overall management outlook for practising managers as well as an instructional manual for academicians in the management discipline. The objective of this report is to therefore critically discuss Fayol’s perspectives through an analysis of these views as well as other
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These elements were branded planning, organising, command, coordination, and control. Grouped together, the five elements denote what is commonly known as the management
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