To accomplish this, lean thinking changes the focus of management from optimizing separate technologies are using lean principles as the way they think and do. Learning objectives • understand basic management principles applying to individuals, small and large organizations • grasp the basics of management functions. This article explains the administrative theory of the 14 principles of management by henri fayol in a practical way after reading you will understand the basics of this powerful management. Theorist henri fayol published 14 principles of management in 1914 and also introduced 6 primary functions of management, which complement the principles.
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