MGM400H5 Chapter : Fayol Crip Sheet.docx
Document Summary
Managerial activities are specially emphasized as being universal to organizations. Definition of management as comprising 5 elements: to forecast and plan. The problems of planning which management must overcome are: Making sure that the objectives of each part of the organization are securely welded together (unity) Being able to adapt the plan in the light of changing circumstances. Attempting accurately to predict courses of action (precision) (flexibility: to organize. Must be unity of command and direction, clear defn of responsibilities and precise decision making backed up by an efficient system (aka organize structure to achieve goals set in #1: to command, to coordinate. Making sure one departments efforts are coincident with the efforts of other departmentsl also keeping all activities in perspective. Seeing that everything occurs in conformity the with established rule and: to control expressed command. To be effective control must operate quickly and there must be a system of sanctions.
