learned through entrepreneurship, there’s a reason business leaders spend years in school studying how to manage people. There are many principles of management that one needs to learn to effectively manage people.One of the key management thinkers is Henri Fayol.
Despite having died more than a century ago, Fayol spelled out 14 principles that managers swear by to this day.Beginning in the 1870s, Fayol published articles on mining topics.
But as he took on administrative responsibilities, he became more interested in management methods. Fayol proposed that there were five functions of management:To fulfill those functions, Fayol pointed to his 14 principles.
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