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Introduction Henri Fayol a French engineer who worked his way up to become the director of mines published Administration Industrielle et Generale in 1916 Constance Sorrs did not translate the publication to English until the 1940s Fayol was therefore mostly overlooked by the American writers of the time Fayol was at the forefront of the classical school of management theory which helped develop the principles of a modern manager The main points to come out of his publication were his 14 principles of management That all activities within a firm can fit into six functions technical commercial financial security accounting and managerial activities In response to the question what is managerial activates he developed his five functions of management He believed that these five functions could be taught and were not something that you were born with So to what extent can a theory on management published almost 100 years ago still be relevant in a modern medium sized building firm First we should look at what his five functions are Fayols five functions of management Fayol defined five functions that any manager must perform These are Plan and forecast Planning is the setting out of goals and objectives of the company as well as the employee The manager must also specify the means to achieving these goals Forecasting is closely linked to planning and involves making sure your plans take account of what is expected to happen in the future In todays world forecasting and planning would mean the same thing Organising Organising involves creating a structure to help achieve these goals and objectives The manager must determine all the tasks that have to be done and allocate these tasks to the employees Organising involves translating the planned steps into a reality through the means of an infrastructure At this stage it is necessary to assign tasks to set deadlines allocate resources to decide what structures
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