Henris Fayol

Henri Fayol was a key figure in today's management theory. Fayol laid down the following principles of management: 1.Specialization of labor- Specializing encourages continuous improvement in skills and the development of improvements in methods. 2.Authority- The right to give orders and the power to exact obedience. 3.Discipline- No slacking, bending of rules. 4.Unity of command- Each employee has one and only one boss. 5.Unity of direction- A single mind generates a single plan and all …

…to provide it with everything useful to it's functioning such as raw materials, tools, capital, and personnel. 3.Commanding- A manager in command that knows the people he/she works with, understands all of the agreements associated with the firm, and is a good leader. 4.Coordinating activities- Integrating all the actions of the firm to increase efficiency. 5.Controlling performance- Consists of verifying everything that happens is what they had planned to happen and how it happened.