Studies have shown that managers must have high emotional intelligence to enable them to achieve success in projects and programs. The five functions of management as defined by Henri Fayol are: Planning, Organizing, Command, Coordination, and Control.
Emotional intelligence would also be connected to the Projects and Programs Success Roulette Wheel where this study would develop based on the IPMA Competence Eye. Emotional intelligence as an essential factor for the successful management and financial administration of projects and programs would be shown through the use of the emotional intelligence pyramid. Several attempts have been made by scholars to write on some of the factors that can contribute to project success. When analyzed and broken into details, those factors are connected to the management and the financial administration processes throughout the project’s life cycle. The success of projects is determined by a number of factors as indicated in the International Project Management Association (IPMA) Competence Baseline. Institute of Electrical and Electronics Engineering, Paris.Įmotional Intelligence as an Essential Factor for the Successful Management and Financial Administration of Projects and ProgramsĮmotional Intelligence, Management, Financial Administration, Project, Program, Competence EyeĪmerican Journal of Industrial and Business Management,ĪBSTRACT: The ability of administrative leaders to manage their emotions, including the influence they have on the people they work with in projects and programs, influences the way the activities involved are organized, conducted, and implemented and the level of project goals that are usually achieved. It was through Fayols work as a philosopher of administration that he contributed most widely to the theory and practice of organizational management. (1916) General and Industrial Management. Fayolism was a theory of management that analyzed and synthesized the role of management in organizations, developed around 1900 by the French manager and management theorist Henri Fayol (18411925). He proposed that there were Six primary functions of management and 14 principles of management:Ħ.Fayol, H. Fayol's work was one of the first comprehensive statements of a general theory of management.
Since that time, Fayol's theoretical contributions have been widely recognized and his work is considered as fully important as Taylors.
until Constance Storrs' English translation, reproduced in this edition. This work, published in French in 1916, was practically ignored in the U.S. While Frederick Taylor was tinkering with the technology employed by the individual worker, Fayol was theorizing about all of the elements necessary to organize and manage a major corporation.
Full facsimile of the original edition, not reproduced with Optical Recognition Software.
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