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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 (1841–1925). It was through Fayol's work as a philosopher of administration that he contributed most widely to the theory and practice of organizational ...
Henri Fayol (29 July 1841 – 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. [2] He and his colleagues developed this theory independently of scientific management but roughly contemporaneously.
Views on the definition and scope of management include: Henri Fayol (1841–1925) stated: "To manage is to forecast and to plan, to organize, to command, to co-ordinate and to control". [8] Fredmund Malik (1944– ) defines management as "the transformation of resources into utility". [9]
Henri Fayol (1841–1925) described these "functions" of the administrator as "the five elements of administration". [4] According to Fayol, the five functions of management are planning, organizing, commanding, coordinating, and controlling.
In 1916, Henri Fayol formulated one of the first definitions of control as it pertains to management: Control of an undertaking consists of seeing that everything is being carried out in accordance with the plan which has been adopted, the orders which have been given, and the principles which have been laid down.
Henri Fayol was an engineer who developed 14 principals of management; division of work, authority, discipline, unity of demand, unity of direction, subordination of individual interest to the general interests, remuneration, centralization, scalar chain, order, equity, stability of tenure of personnel, initiative, and esprit de corps.
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Henri Fayol - management (1910s) Armand V. Feigenbaum - quality control (1950s) Tim Ferriss; Harry Anson Finney (1886–1966) - American accountancy author; Ronald Fisher - statistics (1920s) Mary Follett - organizational studies (1930s) Nicolai J. Foss; R. Edward Freeman; Mike L. Fry; Adrian Furnham
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