Istanbul; † 1925 in Paris) was a French management theorist whose theories concerning scientific organisation of labour were widely influential in the beginning of
20th century. Often associated with
Frederick Winslow Taylor, his theories deal with the organisation of production in the context of a competitive enterprise that has to control its production costs. Fayol was the first to identify the four functions of management: planning, organizing, directing, and controlling, although his version was a bit different: plan, organize, command, coordinate, and control. He believed that the number of management principles that might help improve an organization's operation is potentially limitless. Henri Fayol graduated from the mining academy of St. Etienne (École des Mines de
Saint-Étienne) in 1860. The nineteen-year old engineer started at the mining company
Compagnie de Commentry-Fourchambeau-
Decazeville, ultimately acting as its managing director from 1888 to 1918. Based largely on his own management experience, he developed his concept of administration.
These 14 principles of management were discussed in detail in his book published in
1917, Administration industrielle et générale. It was published in English as
General and Industrial Management in 1949 and is widely considered a foundational work in classical management theory.
Source:
http://en.wikipedia.org/wiki/Henri_Fayol Fayolism is the name for a school of thought named after Henri Fayol
(1841-1925), a French business executive famous for turning companies around from the brink of bankruptcy, and there exists a
Fayol Society which has collected 14 of his management principles. Although Fayolism existed about the same time as the Era of
Scientific Management, it is a different approach which focuses on positions
(administration) rather than people
(administrators). The works of Henri Fayol were not translated into