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'The success of an organization rests on the ability of managers to plan, organize, direct and control' - The aim of this essay is to examine to what extent the above statement is an accurate appraisal of successful management?  

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'The success of an organization rests on the ability of managers to plan, organize, direct and control.' The aim of this essay is to examine to what extent the above statement is an accurate appraisal of successful management? To illustrate the arguments put forward this essay will refer to the case study 'The launch of the centaur' taken from Paton et al text 'Organizations, Cases, Issues and Concepts'. The case study reports on the problems that occurred when Centaur replaced Paravel car manufacturers. This essay will include a study of Henri Fayol's five key managerial elements in order to display whether it is essential to plan, organize, direct and control followed by practical examples drawn from the highlighted case study. Fayol's career began as a mining engineer and then moved into research geology and in 1888 joined, Comambault as Director. The company was in difficulty but Fayol turned the operation round....

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