Henry Fayol

Henry Fayol was a French management theorist. He proposed that there are five elements of management:planning,organizing,commanding,coordinating, and controlling. They can be explanied as
1. Planning:Examining the future and drawing up a plan of action.
2. Organizing:Building a structure using human and materials
3. Commanding:. Implementing an activity among personel.
4. Cordinating:. Coordination among personel,binding them togeter.
5. Controlling: Using rules and commands,seeing that everything is under control and ordinary.

Henry Fayol considered that there are 14 principles of management.They are :
1-Division of Work. Dividing work into groups of employees so that everybody can work efficiently.
2-Authority:Everybody has a responsibilty to someone who got the auhority.
3-Discipline. Employees must obey rules of manager.
4-Unity of Command. Each worker should have only one boss.
5-Unity of Direction. People engaged in the same kind of activities must have the same objectives in a single plan..
6-Subordination of individual interest (to the general interest). Management must see that the goals of the firms are always paramount.
7-Remuneration. Payment is an important motivator so who does perfect job gets more payment
8-Centralization (or Decentralization). This is a matter of degree depending on the condition of the business and the quality of its personnel.
10-Scalar chain:Scalar chain refers to the number of levels in the hierarchy from the ultimate authority to the lowest level in the organization. It
11-Order. Both material order and social order are necessary. The former minimizes lost time and useless handling of materials. The latter is achieved through organization and selection.
12-Equality. :Justice is requaried so that employees can be relax and work well.
13-Stability of Tenure of Personnel. Employees work better if job security and career progress are assured to them.
14-Initiative. Allowing all personnel to show their initiative in some way is a source of strength for the organization.
15-Esprit de Corps. Management must foster the morale of its employees. By rewarding,encouraging and good relationships

Fayol’s management theories sometimes associated with Taylor’s theories.The difference is that Taylor viewed management processes from the bottom up, while Fayol viewed it from the top down.Taylor studied the workers actions first he developed methods for making them more productive more efficient.However,Fayol started with unity of command and goes the most elemental part,workers.
References:http://www.12manage.com/methods_fayol_14_principles_of_management.html
http://en.wikipedia.org/wiki/Henry_Fayol