How Is Henri Fayol's Management Related To Contemporary Management?

Management is a crucial area of interest in today's corporate sector.The Henri Fayol's management theory is pioneer in its own right but it is not sufficiently focused on the contribution of the employees as it's done in the contemporary management. The Fayol's management is more focused on the organization as a whole rather than identifying only the employees as the core issue of business, the main theme of the contemporary management.

Positive function of the employees and the importance of the human factors as emphasized in the contemporary management practices have been replaced by the management layer involvement in the Henri Fayol's management theory. The drawbacks of the contemporary management have suitably been addressed in the Henri Fayol's management by specifying the clear and distinct duties and roles of the top management to play. Due to its structured and granular approach, Henri Fayol's management principles are now more common in business practices over the earlier contemporary management practices. Plan, Organize, Command, Co-ordinate, and Control are the five core issues of the Henri Fayol's management, which have made the theory more attractive over the contemporary management theory.

1. Specialization of labour. This is a common practice today
2. Authority. Still a common practice
3. Discipline. The litigious nature of business today prevents this from being implemented as he suggested.
4. Unity of command. Modern flexible organizations often require that people have several reporting relationships that often change.
5. Unity of direction. We call this "vision" now.
6. Subordination of Individual Interests. While this would be efficient it is largely out of style.
7. Remuneration. Companies can be wage leaders or wage followers. Market forces largely drive compensation in this country.
8. Centralization. This is considered obsolete in the age of multi-national corporations.
9. Chain of Superiors (line of authority). Not practical in organizations that implement flexible organization styles.
10. Order. Largely true today.
11. Equity. We still value the idea, it is debated as to how well we do.
12. Personnel Tenure. Most states operate on an "at will" basis.
13. Initiative. This is widely encouraged today.
14. Esprit de corps. The current trend is to trade harmony and cohesion among personnel for "diversity".