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14 principles of management are statements that are based on a fundamental truth. These principles serve as a guideline for decision-making and management actions. They are drawn up by means of observations and analyses of events that managers encounter in practice. Henri Fayol was able to synthesize 14 principles of management after years of study, namely: 1. Division of Work In practice, employees are specialized in different areas and they have different skills. Different levels of expertise can be distinguished within the knowledge ar ....etc [:=Read Full Message Here=:]

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Introduction 14 principles of management In the last century, organizations already had to deal with management in practice. In the early 1900s, large organizations, such as production factories, had to be managed too. At the time there were only few (external) tools, models and methods available. Thanks to scientists like Henri Fayol (1841-1925) the first foundations were laid for modern management. These first concepts, also called principles are the underlying factors for successful management. Henri Fayol explored this comprehensively ....etc [:=Read Full Message Here=:]


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Henri Fayol INTRODUCTION Henri Fayol (Istanbul, 29 July 1841 Paris, 19 November 1925) was a French mining engineer, mining executive, author and director of mines who developed a general theory of business administration that is often called Fayolism. He and his colleagues developed this theory independently of scientific management but roughly contemporaneously. Like his contemporary, Frederick Winslow Taylor, he is widely acknowledged as a founder of modern management methods. Biograp ....etc [:=Read Full Message Here=:]
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