ConceptsNest

As our career progresses, we may find we do fewer technical tasks and spend more time guiding a team or planning strategy . While that's often a given today, in the 19th century most companies promoted the best technicians. But Henri Fayol recognized that the skills that made them good at their jobs did not necessarily make them good managers . Who Was Henri Fayol? Fayol's  14 Principles of Management  identified the skills that were needed to manage well. While inspiring much of today's management theory, they offer tips that we can still implement in our lives and organizations. Fayol also created a list of the five Primary   Functions of Management , which go hand in hand with the Principles. What Is Administrative Theory? Fayol called managerial skills "administrative functions." In his 1916 book, "Administration Industrielle et Générale," he shared his experiences of managing a workforce. Fayol’s book – and his 14 Principles of Management – ...

In today’s hyperconnected, fast-evolving world, uncertainty has become the norm. From the COVID-19 pandemic to global supply chain disruptions, and from geopolitical shifts to the rapid integration of AI in business, organizations now operate in environments marked by instability and unpredictability. This is where the VUCA framework becomes essential. Originally coined by the U.S. Army War College, VUCA—Volatility, Uncertainty, Complexity, and Ambiguity—is a strategic tool that helps leaders and organizations understand and respond effectively to changing environments. In the last four years, VUCA has shifted from a theoretical concept to a daily operational reality. What Is Vuca And Its Relevance In Life? VUCA is an acronym that stands for volatility, uncertainty, complexity and ambiguity , a combination of qualities that, taken together, characterize the nature of some difficult conditions and situations. The term is also sometimes said to stand for the adjectives: volat...