What is Henri Fayol’s administrative theory?
An ideally run organization consists of a group of people organized into a hierarchical structure
It looks at the organization from the top down, and sets out steps for managers to get the best from employees and to run a business efficiently
A theory of management that analyzes and synthesizes workflows.
List any four of Fayol’s management principals.
Centralization; Remuneration; Discipline; Division of work
Equity; Stability; Unionization; Division of work
Discipline; Unity of command; Unity of spirit; Subordination of individual interest
What is meant by the term Espirit de corps?
The ability of management to be able to compensate workers
The ability of management to have spirits available on the job
The ability of management to motivate their employees and be supportive of each other regularly
Why is unity of command important in a business?
If an employee follows more than one boss the organizational structure will be compromised
If an employee has to follow more than one boss, there begins a conflict of interest and can create confusion.
If an employee is the boss then he has only himself to lead
Why is job stability important to an employee?
An employee delivers the best if they feel secure in their job.
So an employee would be able to survive post-pandemic
An employee will be fulfilling one of Maslow’s hierarchy of needs