![]() Working with other managers to ensure unity of direction and effort amongst managers and personnel.Knowing the organization’s obligations to its personnel.Organizing involves providing everything that is necessary to a plan of action-including physical and human resources-and its activities.Ĭommand is described as getting “the optimum return from all employees of unit in the interest of the whole concern.” This includes: Features of a good plan are said to include: unity, continuity, flexibility, and specificity. In order to create a plan, a manager must consider the firm’s tangible and intangible resources, work already in progress, trends, and future events. ” He states that planning is comprised of four components: These functions are:įayol says that planning, also labelled as a “plan of action,” “is one of the most difficult and…important matters of every business and brings into play all departments and all functions, especially. Within Managerial Activities, Henri Fayol specifies five primary functions (or elements). Thus, this section of Fayol’s book was more concerned with demonstrating that management is unique and alluding to his groundbreaking work on The Five Functions of Management. While listing and distinguishing each of these categories wasn’t entirely a development in Management Theory, the separation of, focus on, and development of management as a distinct and important discipline absolutely was. “Management…is neither an exclusive privilege nor a particular responsibility of the head or senior members of the business it is an activity spread, like all other activities, between head and members of the body corporate.”.Managerial, including planning, organizing, command, coordination, and control.“An efficient accounting system, clear and simple, giving an accurate idea of the firm’s condition, is a powerful managerial instrument ” and.Accounting, stocktaking, the balance sheet, costs, and statistics.Security, involving the protection of people and property. ![]()
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