Life and Works of Henri Fayol

The Seven Years’ War was yet another war fought partly because of bad leadership. After spending a large portion of French finances paying for the war, the French lost their North American colonies; by the time of the French Revolution, France no longer had income from these holdings and was deeply in debt. This massive debt problem fueled the French Revolution, which in turn fueled more unnecessary wars in Europe and during which France’s financial problems were not getting fixed. After the Revolution and during Napoleon’s early rule, France’s financial problems were alleviated, but this accomplishment was reversed by the Napoleonic

During the post Civil War period many capitalists took over and ramped up industry. There were also individuals who took industries and monopolized them. Many historians who look back at these capitalists who shaped the post Civil War industry argue about whether they should be viewed as captains of industry who developed large industry, or as robber barons who used industry and monopolies to achieve wealth and take advantage of the working class. This essay will show why they were captains of industry.

To discuss the development of France’s economy I will focus on the Marshall Plan. Marshall Plan, as an approach of the United States to control the Europe and oppose the Soviet Union, also helped the Europe with their bad economics. After the second world war, France tried to use government intervention by Jean Monnet to recover its economics. In fact,

Henri Fayol was an Engineer and French industrialist. He recognizes the management principles rather than personal traits. Fayol was the first to identify management as a continuous process of evaluation. Fayol developed five management functions. These functions are roles performed by all managers which includes planning, organizing, commanding, coordinating and controlling. Additionally, he recognizes fourteen principles that should guide management of organizations.

The closing days of the 1920’s were a start of what would be the worst economic disaster that had ever been witnessed. The effect that the Great Depression had on capitalist countries such as Germany and the United States, was that their stocks and shares heavy economy plunged, leaving businesses unable to trade, and poverty throughout the nation. In the case of France, the depression initially did not suddenly bring the economy down drastically as it had to the more industrialised nations. Although relatively unscathed at first, by 1931 the ripple effect had hit France which steamrolled the economic downturn of the French economy. With France following the gold standard, the economic downturn lasted much longer than other affected

Companies began to compete against one another, as they tried to lower their prices and cut corners wherever possible. In result to this feud and competition the labourers were easily immune to losing their jobs. The workers and factory owners tried to settle on agreement towards wages, however this only brought forth further conflict between the groups. These conflictions soon affected the society as a whole causing instability to the nation and government. However, numerous historians were able to form rules and laws in order to stop the feud. French historian, Louis Blanc believed a reorganization of government was necessary to level out the economic injustices within the time of the Industrial Revolution. Written in his book entitled, The Organization of Labor, he explains some of his ideas. Specifically, “A systematic lowering of wages resulting in the elimination of a certain number of laborers is the inevitable effect of free competition. [...] Every member of the social workshops would have the right to use, according to his discretion, the profits of his labor; but it would not be long before the evident economy and the incontestable excellence of this communal life would call forth other voluntary associations among the workmen according to their needs and pleasure” ("Louis Blanc: The Organization of Labor (1840)"). More in depth, Blanc explains the reorganization needed in order

During the late 1840s, France had suffered commercial decline. France had begun construction on a large scale rail network, but failed to budget their construction properly, leaving the construction unfinished, and it’s backers bankrupt. This cascaded further than the initial investors, as smelters who relied on the railways to buy their metal lost a major purchaser. The resulting economic fallout lead to unemployment across several industries. The lack of work for the majority of the populace led many to poverty. At the time, bread prices began rising prices, further straining the economic situation of the working class.

The effects leaching off of industrialization between 1865 and 1900 has many divided outcomes of prosperous pushes forward as well as hefty setbacks. During this time was the drive toward the second industrial revolution, this brought in many more immigrants to the workforce, reconstruction of the south but also the rise of money hungry industry owners (Doc. 4), turning into a movement for power being returned the people (Doc. 5). These little causes have brought much effect in the nation as it progressed it towards the future society and culture.

His 14 universal principles of management, listed in Table 1.1, were intended to show managers how to carry out their functional duties. Fayol’s functions and principles have withstood the test of time because of their widespread applicability. In spite of years of reformulation, rewording, expansion, and revision, Fayol’s original management functions still can be found in nearly all management texts. In fact, after an extensive review of studies of managerial work, a pair of management scholars

Before 1661 the French economy was in ruins. The economy had been greatly damaged by the 30 years war and there was also great corruption among the nobility.

Not only did the bourgeoisie run the businesses, but also political matters. The power was shifting to the side of the owners, causing the gap between the proletariats and the bourgeoisie to grow bigger and bigger. The dominant force in Europe was actually creating a weapon without the realization of what they were doing. The labors, living conditions, and status of the proletariats created tension within the structure of the French society. The peasants even paid for the way of others, "it was on the peasants that all the abuses in the assessment

Management is a very complex field. Not only must managers pay attention to what is best for the organization, but they also have to do what is best for their customers. At the same time, the manager must satisfy the need of their employees. Henri Fayol developed fourteen principles of management in 1916 that organisations are recommended to apply to order to run properly. This paper will show how some of Fayols

While scientific development emphasised principles to improve worker effectiveness, another branch within the classical school arose, administrative management, with its main contributor being French industrialist Henri Fayol. He is regarded as the father of administrative management as he proposed fourteen principles of management intended to assist managers in determining what to do to manage an organisation more effectively (Rodrigues, 2001). Fayol’s ideas are still valid in today’s organisations and his definitions of management are widely used in this field of study. In his book General and Industrial Management, published in 1916, he defined management as “to manage is to forecast and plan, to organise, to command, to coordinate and to control” (Fayol, 1916). This definition yielded the now known functions of management. Fayol’s approach to management has several similarities with Taylor’s scientific management theory. Included in Fayol’s fourteen principles is the division of work, which outlined the need for workers to specialise in specific jobs (Rodrigues, 2001). This idea of work specialisation has been derived from Taylor’s principles of scientific management. Furthermore, the empowerment of managers, proper training of employees and the use of a reasonable rewards system were principles that originated

Henri Fayol’s theory was almost a century old and was originally written in French. Further review on several journal articles has led to an overview background of Fayol’s working life which provided the foundation that conceptualized his theory. According to Wren (2001), Fayol was appointed as the Director in a mining company, Decazeville, where he succeeded to turnaround the company to become profitable. Fayol was the first person to classify the functions of a manager’s job. Fayol (1949; as cited in Wren, 2001) identified five key functions in managerial works.as planning, organising, command, coordination and control. Planning consists of any managerial work that involves setting goals and coordinating actions to

According tot the Administrative Management Theory, management is the process of getting certain tasks completed through the use of people. In this theory developed by Henri Fayol, he believes that it was very important to have the use of a multiplied of people instead of just relying on one person alone. Henri Fayol is known today as the “Father of Modern Management”, his theory has shaped what is know today as the Administrative Model, which relies on Fayols fourteen principles of management. These principles have been a significant influence on modern management; they have helped early 20th century manager learn how to organize and interact with their employees in a productive way. Fayols principles of management were the ground work in which his theory was formed. He believed highly in the division of work throughout a project and within the project he believed that the task at hand had to be done with a certain level of discipline in order for the division of work to be able to run smoothly without error.