Henri Fayol believed that the success of an organisation was more dependent on the administrative ability of its leaders than on the technical ability. He came to this conclusion after reflecting on his own experiences as the managing director of a French mining company. Fayol’s leadership led the company out of bankruptcy and made it into one of the most successful firms in France. While reflecting on his experiences, Fayol realised that this success was due to his ability to manage people and to get work done through others. In addition to founding the functions of management which we now know as planning, organising, leading and controlling, Fayol developed the fourteen principles of management in which he believed would help organisations engage in effective management and many of these principles have become common practices in organisations today.