Learn how Henri Fayol’s management theory shaped administrative principles still used by modern businesses. Explore all 14 principles and real-world use.

One is concerned with the process of management, while the other emphasizes the function of management. The managerial process involves such intuitive principles as planning, organizing, and staffing.

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 ...

About Strategic HR: Theory & Principles. To be effective in the global marketplace, human resource departments increasingly must act as a strategic partner with other organizations in the company.

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 ...

Effective marketing management focuses on the shifting needs and preferences of consumers. Marketing management is the function within an organization dedicated to marketing research, brand ...