Henri Fayol was a French industrialist in the early 20th century who is considered the father of modern management. In 1916, he wrote a book called "General and Industrial Management" which outlined 14 principles of management that are still widely accepted today. The principles include division of work, authority, discipline, unity of command, unity of direction, subordination of individual interests, remuneration, centralization, scalar chain, order, equity, initiative, stability of personnel, and esprit de corps. Fayol believed following these principles would lead to more effective organizations.