evolution of management thought (2)

8/8/2019 Evolution of Management Thought (2)

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EVOLUTION OF

MANAGEMENT THOUGHT



Reason for evolution:

Rapid industralisation leads to Competition

for capturing the markets.

Also Innovation

But method and process of management remained

Traditional

So it leads to Managerial Inefficiency.



Management thinkers:

Fredrick winslow taylor

Henry fayol

Elton mayoCharles babbage

Fredrick herzberg

Douglas mcGregor Henry robinson towne

Abraham h. maslow«««



HENRY FAYOL(1841-1925)

He is known as FATHER of MODERN OPERATION

MANAGEMENT THEORY.



BACKGROUND:

Born in 1841.

Graduated in 1860.

After that appointed as a miningengineer.

From 1860-1872,worked as Junior

Executive. In 1888 appointed as Chief Executive.



Contd«.

First thinker who thought of Middle-

management and Top-management

problems.

His contribution to management is

unique and valuable.



WRITINGS OF FAYOLWRITINGS OF FAYOL:

Started writing in 70s.

Composed his thoughts on

management after his retirement in1918.

Devoted his rest of life to writing and

propagating the principles of mgmt.

Regarded as FRANCIS BACON of

MGMT.



CONTD«..

Books are embodiment of principles,practical brilliance.

First man who advocated the view thatmgmt can and should be taught.

Most outstanding work ³General andIndustrial Management´ published in1916.



PRINCIPLES OFMANAGEMENT

Division of Work or Specialisation.

Authority and Responsibility.

Discipline.

Unity of Command.

Unity of Direction.

Gangplanks.

Sub-ordination of individual interest togeneral interest.



Contd«

Remuneration.

Centralisation.

Order.

Equity.

Stability of tenure of personnel.

Initiative.Esprit de Corps



ACTIVITIES of an ENTER PRISE

TECHNICAL

COMMERCIAL

FINANCIAL

SECURITY

ACCOUNTING

MANAGERIAL



MANAGERIAL DUTIES

Plan is judiciously prepared.

Consistency.

Single, competent and energetic

authority.Harmonization and co-ordination.

Clear, distinct, precise decisions.

Efficient selection of personnel.



Contd«.

Define duties clearly.

Encourage linking for initiative and

responsibility.Recompensation.

Make use of sanctions against

faults and errors.

Maintenance of discipline.



Contd«.

Ensure that individual interests are

subordinated to the general interes

Special attention to unity of command.Supervise both material and human

order.

Control.

Fight against excess of regulations,

red-tape and paper control.



Conclusion:

Six separate activities of an enterprise,

five functions of management, sixteen

managerial duties and fourteen

principles constitute a complete theory

of management.

Fayol¶s worked was concerned with the

efficiency of administrators/managers.

evolution of management thought (2)

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