Principles of Management by Henry Fayol and Taylor
- 1. UNIT 1 Dr. Nitika Asawa
- 2. Definition of management The process of designing and maintaining an environment in which individuals, working together in groups, efficiently accomplish selected aims. Henri Fayol defined management as the process of efficiently and effectively completing activities with others through the following steps: Forecasting Planning Organizing Commanding Coordinating Controlling
- 3. Nature of management A universal process Goal-oriented A system of authority A profession Integrating process Dynamic, not rigid Involves decision making Involves welfare of employees Integrates all aspects of business
- 5. Responsibilities of managers Leadership Communic ation Performance management Conflict resolution Establishin g budgets Information al roles Project management
- 6. The classical school of Management thoughts Fayol’s principles of Management Taylor’s scientific Management Weber’s Contribution to Management
- 7. Fayol’s principles of management Division of work Authority and responsibility Discipline Unity of command Unity of direction Subordination of Individual Interest Remunerati on Centralizat ion Scalar chain Order Equity Stability Initiative Espirit D corps
- 8. Taylor’s scientific management Science, not rule of thumb Harmony- not discord Mental revolution Cooperation, not individualism
- 9. Weber’s contribution to management Specializati on of labor A formal set of rules and regulations Well defined hierarchy within the organization Impersonality in the application of rules
- 10. The human relations school by Elton mayo Illuminating experiment Relay assembly test room experiment Mass interviewing program Bank Wiring Observation Room Experiment
- 11. The human relations school by Elton mayo Recognizing employee needs Improving working conditions Building relationships Supporting career development
- 12. Systems theory approach to management Features of systems approach to management
- 14. Skills of excellent managers Communic ation Time management Leadership Conflict resolution Coaching Decision making Problem solving
- 15. Thank you