Elements of Management
Fayol regarded elements of management as its functions. He focused his work on managerial or administrative functions. According to fayol, to manage is to forecast and plan, to organize, to command, to coordinate and controlling functions.
According to Fayol planning is the most important and difficult managerial task. Creation of organizational structure and commanding functions are necessary to make sure that everyone is working together, and control ensures that everything is proceeding according to plan.
Fayol’s principles are very important in the concept of management. It has been rightly stated that Fayol’s theory of management is “the first complete theory to be presented”. It incorporates proven principles, elements, procedures and techniques all based on his practical experience. He had also emphasized the need for teaching management in school and colleges.
Fayol regarded elements of management as its functions. He focused his work on managerial or administrative functions. According to fayol, to manage is to forecast and plan, to organize, to command, to coordinate and controlling functions.
According to Fayol planning is the most important and difficult managerial task. Creation of organizational structure and commanding functions are necessary to make sure that everyone is working together, and control ensures that everything is proceeding according to plan.
Fayol’s principles are very important in the concept of management. It has been rightly stated that Fayol’s theory of management is “the first complete theory to be presented”. It incorporates proven principles, elements, procedures and techniques all based on his practical experience. He had also emphasized the need for teaching management in school and colleges.
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