General and Industrial Management

Book excerpt: In this seminal work, Henri Fayol, a French mining engineer and management theorist, lays out the fundamental principles of modern management. First published in 1916, “General and Industrial Management” remains relevant today as a foundational text in the field of organizational management. Fayol’s insights revolutionized the way businesses operate, emphasizing the importance of administrative functions, coordination, and effective leadership. His five key management functions—planning, organizing, commanding, coordinating, and controlling—have become cornerstones of management theory. Through practical examples and case studies, Fayol explores topics such as organizational structure, division of labor, authority, and the role of managers. He advocates for a holistic approach to management that considers both technical and human aspects within an organization. Whether you’re a seasoned manager or a student of business, “General and Industrial Management” provides timeless wisdom and actionable strategies for achieving efficiency, productivity, and success in any organizational setting.