The Contribution of Henri Fayol to Strategy

 
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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...Sign up
 

 
Contribution of Henri Fayol to Strategy
NGO Chantal, Congo, Member
Hello, Alan Kennedy, It is a pleasure to read to your contribution about the writings of Henri Fayol. I thank you very much because you completed some...Sign up
 

 
Fayol's 5 Functions of a Manager
Alan Kennedy
Fayol lists planning, organizing, commanding, coordinating and controlling as the five functions or Sign up
 

     
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