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Explain the contribution of Henry Fayol in the development of management thought.

Mumbai University > Civil Engineering > Sem 8 > Construction Management

Marks: 10M

Year: Dec 2015, May 2015, Dec 2014, May 2013, Dec 2012

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  1. Henry Fayol was the first person to identify elements or functions of management.
  2. Fayol defined six functions/elements of management: forecasting, planning, organizing, commanding, coordinating and controlling.
  3. He defined planning in terms of forecasting future conditions, setting objectives and developing means to attain objectives.
  4. He recognized that effective planning must also …

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