The Management Theory Of Fayol And Mintzberg

Management is the art of organising and allocating various tasks and resources in order for a business to achieve its objectives. These objectives usually have to be completed within a specific time frame, therefore, in order for a business to successfully complete these objectives it must retain managers who possess vast amounts of skills, experience and confidence. Managers that primarily focus on quality are usually hired by businesses that thrive. This essay will discuss both Fayol and Mintzberg’s theories and how they were imposed on businesses. Furthermore, it will discuss whether their principles and ideologies are still relevant in this day and age. Henri Fayol (1841-1925) was a French mining engineer born in Istanbul, who believed that management education was vital in order for firms to reach their full potential. He promoted his theories regarding management and administration after reaching fame through his critically acclaimed and widely published book titled ‘Administration Industrielle et Generale’ (1916). The book, however, was published after many years of his own personal experiences within the mining industry. He believed in 14 principles of management. These principles are believed to be …show more content…
[3] Professional Organisation: It is usually set up as a partnership. However, these organisations solely target in enhancing their performance and disregard both their internal and external corporal issues. [4] Division Organisation: It is where there is little central authority, found mostly in multinational corporations. Furthermore, it coordinates between the conducting crux and strategic zenith. [5] Ad-hocracy: Also known as the innovative organisation. ''It is the structure of the future'' according to Mintzberg