Internal Environment - Roles of Management (Fayol) Flashcards
1
Q
The Role of management: Fayol’s 5 Functions of Management
A
- Planning
- Organising
- Commanding
- Co-ordinating
- Controlling
2
Q
Fayol - Planning
A
Developing future activities to secure success through meticulous planning & not leaving anything to chance
3
Q
Fayol - Organising
A
Recruiting & retaining the best employees, ensuring a ,mix of operational and strategic labour and ensuring the org. of resources
4
Q
Fayol - Commanding
A
Supervising employees to ensure the company reaches its potential
5
Q
Fayol - Co-ordinating
A
Ensure all departments are in sync resulting in an efficient workflow. Reduce waste, increase efficiency
6
Q
Fayol - Controlling
A
- Ensuring that all managers & employees are working towards achieving a common goal, on time and within a budget.