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What Is The Relevance Of Henri Fayol Management Practice In Today's Management Society?

What Is The Relevance Of Henri Fayol Contributions In Today's Management Practice?

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    Henry Fayol presented 14 principles of Management, many of which are still widely used in organizations by management to perform day to day tasks and many other functions.

    Some of his principles which form the structural dimensions of today’s organizations and their management are: Unity of Command, Division of work on the basis of specialization, Centralization, Order, Discipline and Unity if direction.

    Other than this, two more important aspects that he introduced and we find in today’s management practice are the need for initiative on part of the employees and letting the employees contribute to decisions and other tasks and delegating on the management’s part.

    In his principles, he also stated that an employee needs to be motivated and among many other things, money is an important variable in motivation. He also said that the management should keep the morale of its employees high and keep them motivated so that they can perform at their best.


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    Katie01 

    answered 1 year ago

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