Who is known for establishing the 14 Principles of Management?

Henri Fayol is recognized for establishing the 14 Principles of Management, which play a key role in the foundation of management theory and practice. Fayol, a French mining engineer and management theorist, developed these principles in the early 20th century as part of his management theory. His work emphasized the importance of managerial practices and structured the way that organizations could be managed more effectively.

Fayol's 14 principles include concepts such as division of work, authority and responsibility, discipline, unity of command, unity of direction, and maintaining subordination of individual interests to the common good, among others. These principles are intended to guide managers in their decision-making and organizational strategies, providing a framework for management that is still relevant today.

The other individuals identified in the options contributed significantly to management theory but with different focuses; for instance, Max Weber is known for his work on bureaucracy, Frederick Taylor for scientific management, and Elton Mayo for the Hawthorne Studies and human relations in the workplace. However, it is Fayol’s articulation of the fundamental principles of management that sets him apart as the pioneer in this area.