Henry Fayol was years ahead of his time in linking strategy and organizational theory and in emphasizing the need for management development and the qualities of leadership. Igor Ansoff, in Corporate Strategy (1965) said that Fayol ‘anticipated imaginatively and soundly most of the more recent analyses of modern business practice,’ although Peter Drucker in his great compendium Management: Tasks, Responsibilities and Practice (1973), criticized the application of Fayol’s functional approach to larger and more complex organizations than the one he knew and managed.
Oddly enough, it was years before a translation appeared in English, even though it contains a great deal of wisdom and sense. Part of the book deals with the ‘elements’ or ‘functions’ of management, and Fayol identifies five such functions. They are: • Forecasting and Planning • Organizing • Command • Co-ordination • Control From his own long experience in Industry, Fayol identified fourteen General Principles of Management, or guidelines, and he emphasized that these are not rigid but have to be adapted to suit the particular needs of the situation.