In the early 1900s, Henri Fayol developed a modern management theory that business leaders still use today. Fayol's theory was honed while he worked his way up the ladder to become the director of a ...
Frederick W. Taylor – widely regarded as the founder of scientific management – revolutionized how businesses operate by introducing time-motion studies, standardized processes and incentive-based ...
Henri Fayol’s management theory – the foundation of administrative management – offers a timeless framework of 14 principles that continue to shape business leadership today. This foundational model ...
As organization development evolves alongside institutional practices and insights into human behavior, a big piece of the field is still missing: a set of principles that convey what organizations ...
A version of this article appeared in the Autumn 2016 issue of strategy+business. Most companies have leaders with the strong operational skills needed to maintain the status quo. But they face a ...
How do you keep your maintenance program on track and yield the best results from your investment? These six principles will help: 1. Plan, rather than react. Focus resources on preventing downtime, ...