<P> Eventually, the board decided to abandon its iron and steel business and the coal mines . They chose Henri Fayol to oversee this as the new managing director . Upon receiving the position, Fayol presented the board with a plan to restore the firm . The board accepted the proposal . When he retired in 1918, the company was financially strong and one of the largest industrial combines in Europe </P> <P> Based largely on his own management experience, he developed his concept of administration . In 1916 he published these experience in the book Administration Industrielle et Générale, at about the same time as Frederick Winslow Taylor published his Principles of Scientific Management . </P> <P> Fayol's work became more generally known with the 1949 publication of "General and industrial administration", the English translation of the 1916 article "Administration industrielle et générale". In this work Fayol presented his theory of management, known as Fayolism . Before that Fayol had written several articles on mining engineering, starting in the 1870s, and some preliminary papers on administration . </P> <P> Starting in the 1870s, Fayol wrote a series of articles on mining subjects, such as on the spontaneous heating of coal (1879), the formation of coal beds (1887), the sedimentation of the Commentry, and on plant fossils (1890), </P>

Who wrote the book the principles of administration
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