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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.
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).
Henrietta Leavitt (mother) [147] Edwin Hubble (father) [147] Monsignor Lemaître is considered "the Father of the Big Bang" and the first to derive what is now known as Hubble's law. Leavitt discovered Cepheid variables, the "Standard Candle" by which Hubble later determined galactic distances. Einstein's general theory of relativity is usually ...
Lyndall Fownes Urwick MC (3 March 1891 – 5 December 1983) was a British management consultant and business thinker.He is recognised for integrating the ideas of earlier theorists like Henri Fayol into a comprehensive theory of management administration.
Since a Fayol Bridge is not limited to a certain functional area within the organization, but can span over functional boundaries, e.g. from purchasing to manufacturing, it can be considered as a first attempt to create a horizontal integration of related activities under a certain level of self-management, an early business process.
It was one of the earliest attempts to apply science to the engineering of processes in management. Scientific management is sometimes known as Taylorism after its pioneer, Frederick Winslow Taylor. [1] Taylor began the theory's development in the United States during the 1880s and 1890s within manufacturing industries, especially steel.
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.
Henry C. Metcalf - the science of administration (1920s) Henry Metcalfe - the science of administration (1880s) Gerald Midgley; Danny Miller - economist; Merton Miller - Modigliani–Miller theorem and corporate finance (1970s) Henry Mintzberg (born 1939) - organizational architecture, strategic management (1970s–2000s)