Henri Fayol five rules of management Essay

Fayols first rule is foresight. Coca-Cola completed a syllabus of action for the future (37) by planning to find a leader that could help Coke recapture its previous harvest-feast pace and extend value without Goizuetas legendary leadership. (W-7)Fayols second rule is organization. Coca-Cola took administer of this rule of precaution by being very sensitive to topical anaesthetic market conditions. (W-7) They used bottlers that were local or ones not entirely owned by the Coca-Cola Company. This allocation of local bottle companies provided and mobilized resources to machine Coca-Colas plan. (37)The next of Fayols rules is command. Coke implemented this rule by selecting Douglas haywire to take over as chairman and CEO in 2000 for Douglas Ivester. aft(prenominal) being appointed CEO, Daft constructed a revolutionary executive counseling team consisting of just ten persons. This made management of the company more than than efficient since there were fewer jobs to worry about and fewer resources compulsory to do these jobs.The fourth rule of Fayols model is coordination. Coke had a major problem after introducing New Coke. They solved this problem by refraining to put out raw mathematical products until they were certain that it would prosper. They resisted the temptation to follow the a la mode(p) trend and used the motto If it aint broke, dont fix it. When Coca-Cola finally felt ready to put out a unused product they introduced Vanilla Coke and non-carbonated beverages to appeal to a broader scarper 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 operations presidents to trade name 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 commitment to diversity in all its bes at The Coca-Cola Company as a core value. potpourri of race, gender, sexua l orientation, ideas, ways of living, cultures and business practices provides the creativity and innovation essential to our stinting well-being. Equally important is a highly motivated, healthy and productive work force that achieves business success through superior execution and superb node 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(prenominal) way they embrace their commitment to diversity is by their release of new products such as Vanilla Coke and non-carbonated beverages to meet the diverse unavoidably 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 number of executive managers.3. How does Coca-Cola defecate on the eight puts of performance excellence?On the eight attribute of performance excellence, Coca-Cola scores very well. Th e eight attributes can clearly be seen in the companyBias toward action by making a decision to appoint Daft as the new CEO because they notice he will get things done better than Ivester.Closeness to the customers by using local companies to bottle and distribute Coke products so that the corporation 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 people by giving responsibility for implementing the companys six strategic priorities to Coca-Cola employees.Hands-on and value-driven by seeking to reach the posture 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 man agement team to just ten people. Simultaneous loose-tight properties by broadening their beverages and imaginative service while maintaining the same image and standards the company conveys.4. Do you hypothesise Douglas Daft will be successful in regaining the evolution and value experienced under Roberto Goizueta?I do not forecast 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(prenominal) factor is the fact that people are becoming healthier and alcohol addiction less carbonated drinks and switching to a healthier choice in water and sports drinks like Gatorade.