Henry Fayol Vs FW Taylor Project
Henry Fayol Vs FW Taylor Project
Key Contributions:
- Proposed 14 Principles of Management.
- Divided business operations into six activities: technical, commercial, financial, security,
accounting, and managerial.
- Focused on top-level management and administrative efficiency.
Examples of 14 Principles:
- Division of Work - Specialization increases productivity.
- Authority & Responsibility - Balance of power and accountability.
- Discipline - Rules and respect are essential.
- Unity of Command - One boss for one employee.
- Scalar Chain - Clear hierarchy and communication line.
Relevance:
Fayol's principles form the foundation of modern management education and practices, especially in
administration and planning.
Key Contributions:
- Introduced Scientific Management to improve productivity.
- Focused on shop floor level workers, standardization, and time-saving techniques.
Relevance:
Taylor's methods revolutionized production and laid the groundwork for industrial engineering and
operations management.