Principles of Management

Henri Fayol (1841 - 1925) was a French coal-mine engineer, director of mines and modern management theoretician. His scientific management theory forms the base for business administration and business management. In the academic world, this is also known as Fayolism. Henri Fayol provided one of the most influential modern management concepts of his time.
In 1916 he published his first book, introducing the term fayolism. The theory describes the role of management in organizations and consists of five described primary functions of management and fourteen management principles.
Principles of Management are like a guidebook for leaders to run a company well. They help managers make plans, organize tasks, and motivate teams, and, they serve as frameworks for managers to deal with the difficulties of leading people and achieving goals within an organization.
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