They were initially identified as five functions by Henri Fayol at the beginning of the 20th century. Management principles can be summarized in four critical functions. These functions are planning, organizing, directing and controlling. This P-O-L-C framework provides useful guidance on what a manager's ideal job should look like.
Listen to the most downloaded B2B sales podcast in the world When you think about the French mining industry in the 1890s, what do you think of? Bad working conditions? A catastrophic collapse? The black lung? Promoting the field of operational management was the work of Fayol Life. For 28 years, it continued to improve its own management techniques to improve the working conditions of its miners. And since there weren't many management resources at the beginning of the 20th century, he decided to write a book entitled General and Industrial Management on his own management theory, Fayolism, to teach other managers how to lead a team. Fayol's book covers the 14 management principles he used to improve the efficiency and culture of his mine, and his ideas are still valid today.
He is considered the father of modern operational management theory, as he helped countless managers to increase the productivity and morale of their teams. Refining the foundations of modern management isn't easy. But, thankfully, we wrote this blog post to help you learn some of the most timeless management principles that have guided teams to success over the past 100 years. Every successful leader knows that discipline goes both ways.
You have to earn the respect of your employees so that they feel motivated and genuinely interested in following you. This way, you can optimize your team's processes and help your employees achieve better and faster results. But you should also discipline yourself by making sure that you supervise your team in the most ethical way possible. If you exploit your employees or save expenses just to improve productivity, your employees will feel disrespected and dissatisfied, leading to low morale.
Respecting your employees and offering them a good work-life balance is the right thing to do, even if the opposite behavior could produce more results. The four functions of management are to plan, organize, direct and control. Entrepreneurs, CEOs, and mid-level managers carry out these functions in their respective environments. Whether you are already part of the management team or if you hope to be one day, understanding the nature of these elements is an integral part of developing your professional career.
For example, this research tells us that, to be effective in leadership, managers must first understand the personalities, values, attitudes, and emotions of their subordinates. Unfortunately, I don't have any refutation for those of you who have ineffective managers, but perhaps learning a little more about the four functions of management will help you identify the steps your ineffective manager must take to become an effective one. Organizing is the function of management that involves developing an organizational structure and allocating human resources to ensure the achievement of objectives. There are also more employees than managers in a company, so diversifying your ideation process with the different perspectives of your employees can generate ideas that are more creative and effective than them, few minds can.
While many principles in the business world may change as the company grows and changes, the 4 functions of management are consistent at every stage of the business lifecycle. If a goal is not met, the manager must also take the necessary corrective measures to continue working toward that goal. Organization is the second step, which involves the manager determining how to distribute resources and organize employees according to the plan. In the case of ThyssenKrupp AG, management had to determine how to support two very different sets of activities if it wanted to achieve its long-term objective.
Some of the most common types of motivation management are directing, advising, supporting and delegating. Strategic management in the workplace There are several ways in which organizations can work to achieve their objectives and incorporate strategic management in the workplace. Fayol says that the most successful organizations clearly understand the level of authority of each team and its employees, and everyone must respect the hierarchy, especially when an employee wants to communicate with top management. Communication studies provide instructions on how managers can communicate effectively and persuasively.
Managers must also lead by communicating goals across the organization, committing to a common vision, creating shared values and culture, and encouraging high performance. .