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Was born on July 29, 1841 and die on November 19, 1925.

Is rightly treated as the father of modern theory of general and industrial management. The credit of suggesting the basic principles of management in an orderly manner goes to Henry Fayol.

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Was born on March 20, 1856 and died on March 21, 1915 in Philadelphia.

Was an economist and American industrial engineer, who is considered the father of scientific administration, a forerunner of industrial engineering and recognized for promoting the scientific organization of work.

He formed a work team with which he proposed and developed his methods, complementing his innovative ideas with other inventions and published in 1911, his most outstanding book  “The Principles of Scientific Management” where he focused on the defense of the scientific organization of work.

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By the end of the twentieth century, in the second stage of the industrial revolution, Taylorism and the scientific organization of work achieved widespread expansion by the United States, which was supported by several industrial entrepreneurs, who expected that this method made the controls of their processes grow from the jobs they performed;

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Contributions: study of Movements in the field of steel.

Standardization of tools.

Sales planning department.

The principle of administration by exception.

Teaching card for the proletarians.

Calculation rules for cutting metal and steel.

Cost determination methods.

Selection of employees by tasks.

Incentives if the work is completed on time.

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Was a French coal-mine engineer, director of mines and modern management theoretician. His scientific management theory forms the base for business administration and business management. In the academic world, this is also known as Fayolism. Henri Fayol provided one of the most influential modern management concepts of his time. He is founder of the 14 Principles of management and the five functions of management.

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The 6 types of Operations

For Fayol any organisation can be subdivided into six types of operations. Each operation being fulfilled by its corresponding essential function:

1. Technical Operations (production, manufacturing, transformation) 2. Commercial Operations (purchases, sales, exchanges)
3. Financial Operations (seek for capital and finance management) 4. Security Operations (protection of goods and people)

5. Accounting Operations (balance, P&L, cost control, statistics, etc)

6. Administrative' Operations (Management)

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Henry Fayol’s contribution to management theory is certainly remarkable. He gave overall concepts of general management and suggested the basic functions of management. He recommended the selection and training of workers and managers. He also advocated the use of organisation charts. He suggested certain qualities of manager’s winch include physical, mental, moral, educational technical and experience. Fayol’s theory of management was the first complete theory of management as we understand today. It incorporated proven principles, elements, procedures and techniques based on his practical experience.