Henri Fayol five rules of management Essay

Fayols first receive is foresight. Coca-Cola completed a plan of accomplish for the future(a) (37) by planning to find a leader that could help Coke recapture its previous process pace and stock value with turn up Goizuetas legendary leadership. (W-7)Fayols second ascertain is organization. Coca-Cola took care of this rule of guidance by being very sensitive to local market conditions. (W-7) They used bottlefulrs that were local or ones not entirely owned by the Coca-Cola Company. This allocation of local bottle companies provided and mobilized resources to use Coca-Colas plan. (37)The next of Fayols rules is command. Coke implemented this rule by selecting Douglas Daft to take over as chairman and CEO in 2000 for Douglas Ivester. After being appointed CEO, Daft constructed a new decision maker management team consisting of just ten persons. This made management of the company more efficient since thither were fewer jobs to worry about and fewer resources needed to do these j obs.The fourth rule of Fayols modeling is coordination. Coke had a major problem afterward introducing New Coke. They solved this problem by refr personaling to sick out new products until they were certain that it would prosper. They resisted the temptation to follow the latest trend and used the motto If it aint broke, dont fix it. When Coca-Cola finally felt ready to put out a new product they introduced Vanilla Coke and non-carbonated beverages to appeal to a broader range of consumers.Finally, Fayols last rule of management was control. To keep the company on track with the plan, Daft appointed twenty-four division and trading operations presidents to make sure the aims of the company were being upheld and attained.2. Consider the following quote from Coca-Colas statement on diversity We embrace our commission to diversity in all its forms at The Coca-Cola Company as a core value. Diversity of race, gender, sexual orientation, ideas, ways of living, cultures and business practices provides the creativity and innovation essential to our economic well-being. as important is a highly motivated, healthy and productive workforce that achieves business success through winner execution and superb customer satisfaction.This quote can be related to the Coke case by the way that Coca-Cola selects its type of advertisement based on the target location. Another way they embrace their commitment to diversity is by their secrete of new products such as Vanilla Coke and non-carbonated beverages to meet the various needs of consumers. The quote can be related to the behavioral approaches to management by Dafts decision to make the company a more entrepreneurial organization and slimming down on the chassis of executive managers.3. How does Coca-Cola score on the eight attributes of mental process excellence?On the eight attribute of performance excellence, Coca-Cola scores very well. The eight attributes can clearly be seen in the companyBias toward action by making a decision to appoint Daft as the new CEO because they step he entrust get things done better than Ivester.Closeness to the customers by using local companies to bottle and distribute Coke products so that the community is getting back from the products they purchase.Autonomy and entrepreneurship by coming out with new products like Vanilla Coke, Diet Vanilla Coke, Diet Coke with lemon, and non-carbonated beverages.Productivity through large number by giving responsibility for implementing the companys six strategic priorities to Coca-Cola employees.Hands-on and value-driven by want to reach the status the company hadunder Roberto Goizueta.Sticking to the knitting by not producing new products after the failure of New Coke and sticking with the original product that got them their success until they were truly ready to release new products.Simple form and lean staff by Daft cutting his executive management team to just ten people. Simultaneous loose-tight properties by b roadening their beverages and creative service while maintaining the alike(p) image and standards the company conveys.4. Do you think Douglas Daft will be successful in proceeds the growth and value experienced under Roberto Goizueta?I do not think Douglas Daft will be successful in regaining the growth and value experienced under Roberto Goizueta because there is so much more competition today among carbonated beverages and Pepsi is coming up in status. Another gene is the fact that people are becoming healthier and drinking less carbonated drinks and switching to a healthier choice in water and sports drinks like Gatorade.