Hey guys! Hope you are doing well. Today we back with another important topic in which we will briefly discuss administrative management theory and its components.
As soon as you start learning, your career progresses, you may unearth many opportunities, technical tasks and would spend time planning strategy. The Administrative Theory of management is incorporated into our recent understanding of management practice. It is concerned with the design and management of an organization. Many theorists have contributed to Administrative Management Theory and developed several process-based approaches that recognized management activities assets for independent purposes. Henri Fayol recognized that the proficiency that made employees good at their jobs didn't necessarily make them good managers.
Administrative management theory is also known as Fayol's administrative management theory because Administrative management theory is given by Henri Fayol's management theory that effort to find a coherent way to plan an organization.
Henry Fayol was the managing director, industrialist, and mining engineer who was renowned for his work in the field of management science Administration Industrielle et Generale" in 1916 A.D. After some years, his book was published as the translated version "General and Industrial Management". The theory is commonly known for a clear division of labour, the administrative structure, and the allocation of power and authority to administrators appropriate to their region of responsibilities.
Administrative management theory primarily focuses on improving the efficiency of management so that lower-level employees can recognize appropriately and the tasks can be done consistently. Here are some benefits of good administrative management that shows its importance:
The functions may vary depending upon the nature of duties and responsibilities of the manager. Henri Fayol states the following functions:
Henri Fayol gives 14 principles given which particularity focused on management functions of a company. The principles can be implied to any association/corporation globally.
Henri Fayol's management theory proposed that these principles are not firm, but they are flexible to use as per the requirements. So it completely up to the managers as to how they use the organization and manage efficiently. Here are 14 guiding principles by Henry Fayol are:
Therefore, these are the 14 Administrative management theories given by Fayol that helped make ability management more proficient and allow administrators to build essential skills.
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