Showing posts with label Henry Fayol. Show all posts
Showing posts with label Henry Fayol. Show all posts

October 20, 2014

Principles of Management by Henry Fayol - let us follow and observe them

BE a BIDDA: "BELIEVE, INSPIRE, DREAM, DO ACHIEVE"

All Chiefs and BOD are enjoined to read the Henry Fayol's Principles of Management

Much trouble has been due to the misunderstanding of these principles.

It is also established that Corporations can only act through its directors, and its directors through agents/officers.  Individually DIRECTORS CAN NOT GIVE ORDERS TO SUBORDINATES. (Unlike partnerships where a partner can enter into an agreement on his own, or give orders to subordinates on his own, thus 3 separate partners can issue 3 conflicting orders. Thus corporations are preferred means of running a corporation