Management plays a very important part in the government of undertakings: of all undertakings, large or small, industrial, commercial, political, rel… - Henri Fayol
" "Management plays a very important part in the government of undertakings: of all undertakings, large or small, industrial, commercial, political, religious or other. I intend to set forth my ideas here on the way in which that part should be played.
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About Henri Fayol
Henri Fayol (29 July 1841, Istanbul – 19 November 1925, Paris) was a French mining engineer and director of mines who developed a general theory of business administration.
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Additional quotes by Henri Fayol
Every employee in an undertaking, then, takes a larger or smaller share in the work of administration, and has, therefore, to use and display his administrative faculties. This is why we often see men, who are specially gifted, gradually rise from the lowest to the highest level of the industrial hierarchy, although they have only had an elementary education. But young men, who begin practical work as engineers soon after leaving industrial schools, are in a particularly good position both for learning administration and for showing their ability in this direction, for in administration, as in all other branches of industrial activity, a man’s work is judged by its results.
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