In the early 1900s, Henri Fayol developed a modern management theory that business leaders still use today. Fayol's theory was honed while he worked his way up the ladder to become the director of a ...

Henri Fayol was a French mining engineer who published General and Industrial Management, one of the first theories of management, in 1916. His work identified and explained 14 principles of ...

Frederick W. Taylor – widely regarded as the founder of scientific management – revolutionized how businesses operate by introducing time-motion studies, standardized processes and incentive-based ...