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Management
As one of the oldest and most popular approaches to management thought, Henri Fayol's (29 July 1841–19 November 1925) theory holds that administration of all organizations—whether "public or private", or "large or small" requires the same rational process or functions. This school is based on two assumptions; first, although the objective of an organization may differ; for example, business, government, education, or religion, yet there is a core management process that remains the same for all institutions. Successful managers, therefore, are interchangeable among organizations of differing purposes. Second, the Administrative management process can be reduced to a set of separate functions and related principles.

It has rightly been said by some scholars that “perhaps the real father of modern management theory is the French industrialist Henri Fayol”. 1916 he published “Administration Industrielle et Generale”. It was translated and republished in English in 1929. In 1949 His book was published in USA and from then his ideas became famous. In the world, his book left a permanent mark on managment thinking.

A successful industrialist, Fayol headed a steel and coal combine in France. He is now considered the father of the Universal process or Operational management or Administrative management theory, because he made universal generalizations about management based on his keen insight and practical management experience. As opposed to Taylor, Fayol endeavors to deal with “classical administration.” He focuses his attention on the enterprise as a whole rather than on a single segment of it. He pioneered the concept of viewing management as being made up of functions, and his work supplied a comprehensive framework from which management could be studied and developed. He also repeatedly emphasized that his principles apply not only to business but also to political, religious, philanthropic, military and other undertakings.

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