Contribution of henry fayol to the development of management thought. For many years the fayol family members and their in. Read this article to learn about the contribution of henry fayol to management thought. A free powerpoint ppt presentation displayed as a flash slide show on id. As an engineer, fayol took charge of an undertaking which was on the verge of bankruptcy. Revolution of the 19th century has paved the way to the development of an organized systematic approach to management. Proceso administrativo segun henry fayol by jorge dj on prezi. Henri fayol author of general and industrial management. He was a mining engineer in a french mining company and rose to the position of the chief managing director. Henri fayol is the author of general and industrial management 4.
Henry fayol 1841 1925 was a french mining engineer who turned a leading industrialist and a successful manager. He gave overall concepts of general management and suggested the basic functions of management. Evaluation fayols contribution to management theory is certainly remarkable. Henri fayols 14 principles division of work this is the first principle postulated by henry fayol. Application of the henri fayol principles of management in. This undertaking became most financially sound when fayol retired. These previously unpublished records document the financial situation of the fayol family, further details of fayol.