Fayol's Theory Of Management

1335 Words Apr 10th, 2016 6 Pages
Despite these principles being around one hundred years old and being Mr. Fayol has been deceased for over ninety years one would think these theories and theorist would be extremely outdated and completely irrelevant in today’s society with management purposes. That is very far from the truth. Fayol 's management theory covers concepts in a broad way, so almost any business can apply his theory of management.
The management theory of Henri Fayol includes 14 principles of management. From these principles, Fayol concluded that management should interact with personnel in five basic ways in order to control and plan production. In my opinion, I really respect Mr. Fayol in being an innovator as he had really no way of looking at past management principles and decided he would create his own based on the experiences and moral values of his self.
Today the business community considers Fayol 's classical management theory as a relevant guide to productively managing staff. It would be safe to assume that Henri Fayol 's Principles of Management are going to be around for a long time and have an enormous impact on the lives of many people.
Mr. Henri Fayol was born in Istanbul on 1841. At the young and prime age of just nineteen, Mr. Fayol begun his working career as an engineer at a large mining company in France. After working very hard and dedicating himself, Mr. Fayol was finally promoted to director of the entire mining company a pretty big deal at the time as the mining…
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