Fayol and Management Theories

Paper Summary:

In this article the writer presents an examination of Henri Fayol's five management theories. The author explores each component of the theories. The writer then applies them to examples of how they apply in today's workforce environment, with a focus on electronic engineering. The writer points out that one of the most successful theories of management is Henri Fayol's functions and principles of management theory. The writer notes that while there are many different styles of management to choose from, it is clear that the five management theories of Fayol have endured the test of time. The writer concludes that if the five theories are followed closely the result will be a well run, highly organized and successful management effort.

Outline:
Introduction
Conclusion

From the Paper:

"Coordinating is the fourth step in the process that Fayol developed. Coordinating has to do with making sure there is consistency throughout the company for each project. In the field of engineering this means understanding the project at hand, what will be needed to complete that project, the time line that the project needs to follow and who will be reported to during various stages along the way.
There can be many different engineering projects going on at the same time, and as long as the same coordination and management techniques are being used for each one they will be able to run concurrently and maintain their integrity and quality.
The final step in the five theory plan is controlling. This pertains to the management of the human resources. It is important to have team members that work well together and also are educated and knowledgeable in the field of electronic engineering for the theory to work in that field."

Sample of Sources Used:

• Fayol's functions of management http://www.projectalevel.co.uk/business/fayol.htm
• People Whose Ideas Influence Organisational Work Henri Fayol http://www.onepine.info/fayol.htm
• Fayol (1841-1925) Functions and Principles of Management http://www.bola.biz/competence/fayol.html
• Reforming Project Management http://www.reformingprojectmanagement.com/2004/08/10/398/

More papers on Fayol and Management Theories:

• Term Paper # 114030 : "Evolution of Management Theory"
• Analytical Essay # 148008 : "History of Management Theory"
• Comparison Essay # 73969 : "Taylor, Fayol and the Fashion Industry"

APA Citation:

MLA Citation: