Henri Fayol 14 Principles Of Management

By implementing Henri Fayol the top-down approach to management, and focusing on managerial practices to increase efficiency in the organization. They will use this to guide their managers on how to accomplish their managerial duties also the practice in which they will minimize misunderstandings and increase efficiency in the organization” (H. Fayol). All or some of this characteristics are visible in the way Mc Donald’s manage their stores. It does not make any difference if is a corporate store or franchise store, they will use the same way of planning their forecasts, organizing to obtain good results, implementing and controlling to improve productivity. As is well known, Mc Donald’s has implemented some or all of Henri Fayol 14 principles of management which are as follow: 1) Division of work. 2) A delegation of authority. 3) Discipline. 4) Chain of commands. 5) Congenial workplace. 6) The interrelation between individual interest and common organizational goals. 7) Compensation package. 8) Centralization. 9) Scalar chains. 10) Order. 11) Equity. 12) Job guarantee. 13) Initiatives. 14) Team spirit Ms. Ramirez manager on duty at the Mc Donald’s that I visit mentioned on how the company trains top and

They have spent a vast amount of money and allotted lots of hours just to develop it by making sure that it will benefit the business. Systems, people, and ability to provide what the customers want are the reasons why McDonalds is as successful as it is today. They will do the necessary changes to compete against other fast-food chains such as Burger King, Wendy;s, Carl’s Junior juts te mention a few. After segmenting the market, finding the target segment and positioning itself, each company needs to come up with an offer. McDonalds are: 1). Product. 2). Place. 3). Price. 4). Promotion. 5).