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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]
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 ...
The best known theories today originate from Henri Fayol, Chester Barnard, and Mary Parker Follet. All three of them drew from their experience to develop a model of effective organizational management, and each of their theories independently shared a focus on human behavior and motivation.
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
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.
The first to develop a more general theory of management was Henry Fayol, who had gathered empirical experience during his time as general manager of a coal and steel company, the Commentary-Fourchambault Company. He was the first to add a managerial perspective to the problem of organizational governance.
Managerialism is the idea that professional managers should run organizations in line with organizational routines which produce controllable and measurable results. [1] [2] It applies the procedures of running a for-profit business to any organization, with an emphasis on control, [3] accountability, [4] measurement, strategic planning and the micromanagement of staff.
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.