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Administrative and functional management

  Each organization should follow certain principles if it has to run smoothly and progress well. Henri Fayol developed this principle. Fayol was born in 1841 in a suburb of Istanbul, Ottoman Empire. He was French mining engineer and when he became nineteen-year old then he started at the mining company "Compagnie de Commentry-Fourchambeau-Decazeville" in Commentry. Fayol became managing director in 1888, when the mine company employed over 10,000 people, and held that position over 30 years until 1918. By 1900 the company was one of the largest producers of iron and steel in France and was regarded as a vital industry. Based largely on his own management experience, he developed his concept of administration. In 1916 he published these experience in the book "Administration Industrielle et Générale", at about the same time as Frederick Winslow Taylor published his Principles of Scientific Management .   He proposed 6 primary functions of management and 14 pri...

The concept of Modern Management

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  Setting any goal and achieving it are two sequential and common functions of every individual. For some these activities are very smooth and for some very difficult.   Knowledge and skills of management make these easy and absence of managerial skill and knowledge make difficult. Managerial knowledge and skill help to set goals and achieve them in the efficient manner. By efficient we mean in lower cost, lesser time, and with lesser effort, we make goals and achieve them. So in modern management there lie three basic activities: planning, implementing and controlling.   Planning means the functions of deciding goals and fixing the achieving procedures of goals in advance. Implementing means doing what were decided. Thus implementing activities include arranging men, materials, money; leading and instructing men about doing works. Controlling refers to the process of evaluating the works of the people and group whether they are going according to progress or not and ...