Understand the 14 Principles of Management by Henri Fayol

Any organization needs good management to be efficient and achieve its goals. The POLC management framework has four basic functions: planning, organizing, leading, and controlling. Without them, an organization would have little or no structure and focus. One of the oldest management theories was by Henri Fayol in 1916. They call it “Administration Industrielle et Générale.” It values managers’ abilities over their technical skills. This is the basis of what we call “good management.”