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Fayol's definition of management functions and actions differentiates between Five Elements:
1. Prevoyance. (Forecast & Plan). Investigating the future and making up a plan of action.
2. To organize. To make up the structure, both human and material, of the undertaking.
3. To command. Continue the activity between the personnel.
4. To coordinate. Binding mutually, unifying and harmonizing all activities and efforts.
5. To control. Observing that everything takes place in conformity with recognized rule and expressed command.
I need recruitment philosophy
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effective on human resource management depends up on sound reward system
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Compensation linked to shareholder value: Top management compensation in the U.S. firms is becoming increasingly as a new chief executive assumed office at Eastman Kodak in 1993,
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