In the early 1900s, Henri Fayol developed a modern management theory that business leaders still use today. Fayol's theory was honed while he worked his way up the ladder to become the director of a ...

This represents a waterfall type of approach to project planning, where one phase flows into the other. It works well for certain industries such as construction and manufacturing, but it is less ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Most people think property management is about fixing broken toilets and collecting rent.