How relevant are Fayol's ideas on managing groups and individuals in today's business world?

Type :

Term papers

Pages :

5 pages

Format :

.doc

Published date :

04/08/2009

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Summary :

 
 

Table of Contents How relevant are Fayol's ideas on managing groups and individuals in today's business world? Table of Contents

 
  1. Introduction
  2. The emphasis placed on authority in the 21st century
  3. The principle of unity of direction
  4. A recipe for disaster in today's fast moving world
  5. The five elements of management introduced by Fayol
  6. Fayol's work on control
  7. Conclusion
  8. Bibliographical references

Abstract

Almost 90 years after fayol published his most studied work, Administration Industrielle et Generale, the field of management appears to be undecided on its relevance. The great advances in all aspects of commercial enterprise, which have occurred since 1916, have taught us many things. Just how relevant are fayol's ideas on managing groups and individuals in today's business world? Small parts of fayol's work are certainly not as relevant as they may have been in 1916, and general knowledge now tells us, quite simply, some of the ideas are wrong. However, to discredit the entire work on the basis of several minor sections would be regrettable. The majority of fayol's work on management is still of great relevance to today's business world.

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About the author :

pencil image Paul B. Freelance Psychology Writer
Level :General public Study : Psychology School/University : Central Lancashire

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