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fayols principles
FAYOL’S PRINCIPLES OF MANAGEMENT

Tathagata Acharya

CERTIFICATE
This is to certify that MstrTathagata Acharya, of standard twelfth of Rajhans Vidyalaya has successfully completed the project work in business studies (Fayol’s Principles of Management) in partial completion of the curriculum prescribed by the Central Board of Secondary Education for the AISSE 2013-2014.

__________ ______________
(Principal) (Internal Examiner)

__________ ______________
(School Stamp) (External Examiner)

ACKNOWLEDGEMENT

INDEX

Henri Fayol was a French mining engineer and director of mines who developed a general theory of business administration.[1] He and his colleagues developed this theory independently of scientific management but roughly contemporaneously. He was one of the most influential contributors to modern concepts of management.
Fayol was born in 1841 in a suburb of Istanbul, Ottoman Empire. His father, an engineer, was appointed superintendent of works to build the Galata Bridge, which bridged the Golden Horn.[1] The family returned to France in 1847, where Fayol graduated from the mining academy "École Nationale Supérieure des Mines" in Saint-Étienne in 1860.
The nineteen-year old engineer started at the mining company "Compagnie de Commentry-Fourchambeau-Decazeville" in Commentry. By 1900 the company was one of the largest producers of iron and steel in France and was regarded as a vital industry.[1] Fayol became managing director in 1888, when the mine company employed over 10,000 people, and held that position over 30 years until 1918.
Based largely on his own management experience, he developed his concept of administration. In 1916 he published these experience in the book "Administration Industrielle et Générale".
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1. DIVISION

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