This document summarizes Henri Fayol's principles of management, including division of work, authority and responsibility. It explains that division of work involves dividing tasks into parts and assigning them to individuals based on their skills, which improves specialization and efficiency. It also discusses that authority and responsibility must go hand in hand, so that those with responsibilities are given proper authority to carry them out effectively. Violating these principles can result in issues like overburdening employees, wasted time and resources, and inability to complete tasks or hold people accountable.