In 1916, a French coal mine director named Henri Fayol wrote a book entitled "Administration Industrielle et Generale," which set forth five distinct functions of managing that Fayol insisted were ...

Learn how Henri Fayol’s management theory shaped administrative principles still used by modern businesses. Explore all 14 ...

Integrated management information systems (IMIS), sometimes called management information systems (MIS), are a vital type of information technology used by companies and organizations of all kinds.

Classical and scientific management theories emphasize efficiency and task specialization through systematic study of workers ...

Often hidden within the supply chains of businesses, most companies use a variety of vendors daily. Third parties are the cogs that keep a business functioning and growing, from managing employees to ...

Equipment management is a complex and difficult task that affects almost every aspect of a company’s operations. The skills required vary from the master mechanic to the finance specialist and ...

Forbes contributors publish independent expert analyses and insights. I write about management in its many forms. That said, despite the role's multiple challenges, there's ample evidence -- with ...