Fayolism

Fayolism is a management theory developed by Henri Fayol that emphasizes structured organization and clear principles for effective leadership. It focuses on the idea that managers should follow consistent rules and practices, such as planning, organizing, commanding, coordinating, and controlling work to improve efficiency. Fayol believed that good management could be learned and applied universally across industries, promoting a systematic approach to running organizations. Overall, it highlights the importance of leadership, clear communication, and structured procedures to achieve organizational goals efficiently.