The Contribution of Henri Fayol to Strategy

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Principles of Management > Best Practices > The Contribution of Henri Fayol to Strategy

The Contribution of Henri Fayol to Strategy
Alan Kennedy
The biggest contribution Fayol made to the discipline of management or administration is not his 14 principles or the 5 functions of a manager. In my opinion, it was to identify that there is a framework of strategies common to all organizations. On page one of chapter one of the first book ever written on the new subject of managing strategy, Fayol states that there are six activities that all executives must manage. These "activities" are in fact strategies and represent 6 of the eight strategies common to all organizations, whether they are for-profit, not-for-profit, or public sector in nature. Fayol identified: risk, finances, organization, production (also known as manufacturing or service delivery depending on what the organization does), marketing and sales, and R&D/technology. Peter Drucker identified the other two, business definition (known as mandate for public sector and not-for-profit organizations) in his book, The Practice of Management, published in 1954. These eig (...) Read more? Sign up for free

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Principles of Management
Summary
Forum
🔥Is Management an Inexact Science?
Abuse of Delegation | Misuse of Delegating
Which of Fayol's 14 Principles is Most Important?
Best Practices
🥇Are Fayol's 14 Management Principles Still Relevant Today?
🥈What is Management?
🥉What is organisational hierarchy?
Management requires patience
How to Remember the 14 Principles by Fayol?
Best Ever Developed on Management
The 10 Principles of Urwick
Risks in Fayol's 14 Principles of Management
Evolution of Management
Managers versus Leaders
Good and bad managers...
POLICE Acronym in Management
Need for Employees' Welfare in the Principles
Managers: Born or Made?
Fayol's Management Roles
Add #15 Principle: Conformity to the Basic Origin
Difficulties to Apply 14 Principles of Henri Fayol
What is Prevoyance? Explanation
Delegation: How to Delegate Effectively?
Explanation and Examples of Esprit de Corps
Fayols Principles are the Basis of Many Later Management Concepts
Organizational Efficiency or Effectiveness?
(Why) Do we Need Managers?
Interpreting POLICE In Management Parlance
Difference between Adminstration and Management
Example of Subordination of Individual Interest?
Fayol's Unity of Direction Principle of Management
On #9: Scalar Chain has to be Modified for Current Times
On the 4th Principle: Unity of Command
A Good Organization Run by Monkeys
Exactly Where are the 14 Principles of Fayol Located?
The Power of an Ownership Attitude among Employees
All of These Principles are Obvious Features
Are Fayol's Principles of Management also applicable to non-profit organizations?
Current Research on Fayol / 14 Principles?
Manager in Conflict with Top Management...
Books by Henri Fayol on Management
Management Mantras
The Contribution of Henri Fayol to Strategy


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