management

2: General and Industrial Management – H. Fayol’s Theory of Administration

For this episode, we are reading part of Henri Fayol's central 1916 work, General and Industrial Management (first translated into English in 1929, but not published in the United States until 1949). In this work Fayol clearly outlined the five distinct elements of management and the fourteen principles that he believed should guide managers in administering those elements.