The Contribution of Henri Fayol to Strategy

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Principles of Management > Forum > 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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Contribution of Henri Fayol to Strategy
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