Henry FAYOL (1841-1925)

He was born on 1841 in Paris.He graduated from Saint Etienne Mineral University when he was 19 and joined Commentary Fourchambault which was coal company.He became ceo on 1888 and the had manage this company until 1918.He wrote a book called "Administration Industrielle et Generale" on 1916.

Management Theory



Henry Fayol thought management as a period and he seperated this to functions.These functions are still accepted.

According to Fayol there are 6 kind of actions in a company which are :

1-Technical Actions

2-Commercial Actions

3-Financial Actions

4-Securtiy Actions

5-Accounting Actions

6-Management Actions



He studied on Management Actions and seperated it to 5 parts which are still accepted are: prevoyance,organising,executive,coordination and control.



And according to Fayol there were 14 principles of management:

1.Depertmant of Labor

2.Authority and Responsibility

3.Discipline

4.Unity of Command

5.Unity of Direction

6.Importance of genereal profits than personel

7.Payment

8.Centripetal Management

9.Hierarchy

10.Regulation

11.Equality

12.Continuity and Balance

13.Enterprise

14.In Spirit of Unity (Esprit De Corps)





References

http://www.ozyazilim.com/ozgur/marmara/orgut/yon_teo2.htm#_Toc465482723

http://en.wikipedia.org/wiki/Henri_Fayol

http://www.lib.uwo.ca/business/fayol.html

http://www.12manage.com/methods_fayol_14_principles_of_management.html