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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. | |||
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The Principles of Management are the essential, underlying factors that form the foundations of successful management. According to Henri Fayol in his book General and Industrial Management (1916), there are fourteen 'Principles of Management'. ....etc | |||
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Fayol's 14 Principles of Management | |||
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Henri Fayol was born in Istanbul in 1841. At age 19 he began working as an engineer in a large mining company in France. He eventually became the director, at a time when the mining company employed more than 1,000 people.Over the years, Fayol began to develop what he considered to be the 14 most important principles of management. Essentially, they explained how managers should be organized and interacted with staff.In 1916, two years before his resignation as director, he published his 14 Principles of Management in the book Administration ....etc | |||
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