Elements of Management

Fayol identified, as we have seen earlier, five elements of management viz., planning, organisation, command, coordination and control which are discussed below.

Planning

Fayol used the French term Prevoyance which in French means to ‘foresee’, to ‘anticipate’ and to ‘make plans’. The administration’s chief manifestation and most effective instrument, to Fayol, is the plan of action. Planning enables the separation of the short-run events from the long-range considerations. It endows forethought to the operations of an organisation. Fayol considers that experience is an asset in drawing a realistic plan. To him, unity, continuity, flexibility and precision are the broad features of a good plan of action.

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