DEFINITIONS ABOUT THE

ADMINISTRATION
Henry Fayol
Jules Henri Fayol Le Maire (29 July 1841 – 19 November 1925) was a French mining
engineer, mining executive, author and mining director who developed the general
theory of business administration often called Fayolism. .

According to Fayol: "Administration is to foresee, organize, command, coordinate and

control."

Fayol highlights that every organization must comply with a series of basic functions,
which are the following:

-Technical functions -Commercial functions -Financial functions

-Security functions -Accounting functions -Administrative functions

Frederi c k Taylor
Frederick Winslow Taylor was a promoter of the scientific organization of work and is
considered the father of Scientific Administration. In 1878 he made his first observations on
the work industry in the steel industry. They were followed by a series of analytical studies on
execution times and work remuneration.

Taylor's great contribution was to have proposed developing a science of work and Scientific
Administration based on the following principles:

1. Scientific Organization of Labor

2. Worker selection and training
3. Cooperation between managers and workers
4. Responsibility and specialization of managers in work planning
Ko ontz and o'd onnell

Koontz and O'Donnell: consider Administration as: "the direction of

a social organism, and its effectiveness in achieving its
objectives, based on the ability to lead its members."

g. Q. Terry: "It consists of achieving a predetermined

objective, through the efforts of others."

Chiavenato

For Adalberto Chiavenato in his book "Introduction

to the General Theory of Administration";
Management is "the process of planning, organizing,
directing and controlling the use of resources to
achieve organizational objectives."
 Peter Drucker

The main concepts developed by Drucker are: Decentralization

as the principle of effectiveness and the key to productivity.
Emphasis on high quality of personnel administration.
Administrator education, training and development for future
needs.

Management and leadership are the pillars of his extensive

work." With these words he introduced the press and the
moderators to Peter Ferdinand Drucker, during his interventions.
Considered the father of modern management, Peter Drucker is
the most influential observer of the business reality of the 20th
century.

Michael Porter
According to Michael Porter: “the basis of above-average performance within an industry
is sustainable competitive advantage.” Achieving Cost Leadership means that a firm
establishes itself as the lowest-cost producer in its industry.

Porter's 5 forces:

• New Starters
• Suppliers
• Customers
• Substitute Products

NATALIA CHÁVEZ BELTRAN