Fayolism

Fayolism was a theory of management that analyzed and synthesized the role of management in organizations, developed around 1900 by the French manager and management theorist Henri Fayol (1841–1925). It was through Fayol's work as a philosopher of administration that he contributed most widely to the theory and practice of organizational management. thumb|right|Henri Fayol

== Research and teaching of management == Fayol served as the CEO of Compagnie de Commentry-Fourchambault-Decazeville from 1888 onward and methodically analysed the company's operations. He believed that by focusing on managerial practices, he could minimize misunderstandings and increase organizational efficiency. He instructed managers on how to fulfill their duties and the specific practices they should adopt. In his book General and Industrial Management (published in French in 1916 and in English in 1949), Fayol outlined a theory of general management that he believed could be applied across myriad industries. His primary concern was with the administrative apparatus, or functions of administration. To that end, he presented his administrative theory, which consisted of both principles and elements of management.