Final answer:
Henri Fayol developed the Five Functions of Management to improve organizational efficiency. Max Weber introduced bureaucracy to encourage a rational and structured organizational approach. Both sought to optimize management practices.
Step-by-step explanation:
Henri Fayol and Max Weber were two pioneers in the field of management theory. Each had their unique approach but shared a common goal of improving organizational efficiency and effectiveness. Fayol focused on the personal duties of management and created the Five Functions of Management, which include planning, organizing, commanding, coordinating, and controlling. He emphasized the principles of management like division of work, authority and responsibility, and unity of command.
Max Weber, on the other hand, aimed at establishing an organized and rational approach to manage organizations. He is best known for his theory of bureaucracy, which was designed to promote organizational efficiency and fairness. Bureaucracy emphasized a structured hierarchy, formal rules, and impersonal relationships.
Both Fayol and Weber attempted to identify the best way to manage and operate organizations. Their theories are still studied and utilized in modern management practices.