2: General and Industrial Management - H. Fayol's Theory of Administration

In Episode 2 we convene to discuss Chapter 4 of General and Industrial Management by Henri Fayol. This work was composed only a few years after The Principles of Scientific Management by F.W. Taylor (Episode 1) and yet it remained virtually unknown to the English-speaking world until 1949. Never the less, Fayol's ideas have been, and still are, central to management theory and practice. Join us for part one to learn what is it that makes this French mining engineer turned CEO a noteworthy figure and how his contributions still matter today.