Huz, V. V.2017-07-122017-07-122017Інноваційна економіка: теоретичні та практичні аспекти: монографіяhttps://dspace.onu.edu.ua/handle/123456789/10601This article provides a deep research about the most known fathers of Management. Henri Fayol, who invented the basic 14 Principles of Management. Michael Porter and his competition concept. At last Peter Drucker, the inventor of MBO system. Research subject of this article is a knowledge from the founders of management. The objective of the article is to determine the main issues, which they tried to explain and solve. There were researched different sides of management: competitors, functions, methods and etc, but all of them are very important, because they can't exist without each other. For achieving the stated objective such general and special scientific methods were used as, systemic, morphological, structural and logical analysis, formalization, and analogy, comparative and integrative methods. As a result, the main achivements were explained. Nowadays society are still using Fayol's Porter's and Drucker's discoveries.enmanagementbasis of management knowledgeHenri FayolMichael PorterMichael Portermanagement by objectives14 principlesbooksresearchescompetitionArticle