Fayol's Contribution to Management
Henry Fayol known as the Father of General Management contributed a lot to the study of management.
Major contribution of Henry Fayol
(1) First to identify four functions of management.
He was the first to give the functions of management in terms of Planning, Organizing, Directing and Controlling by giving Plan, organize, command, coordinate and control as the main functions of a manager.
(2) Classification of activities of an Industrial undertaking.
He classified the activities of an industrial undertaking as under:
(a) Technical activities: activities relating to production.
(b) Commercial activities: activities relating to buying and selling.
(c) Financial activities: activities relating to arrangement and use of finances.
(d) Security activities: activities relating to the safety of human and physical resources.
(e) Accounting activities: activities relating to preparing the accounting records.
(f) Managerial activities: activities relating to getting the work done through others.
(3) Qualities of manager.
Henry Fayol suggested the qualities of a good manager:
1. Physical qualities.
2. Moral qualities.
3. Education.
4. Knowledge.
5. Experience.
(4) Fourteen Principles of Management:
Fayol has given fourteen principles of management.