Some additional thoughts:
-> Would it be possible for someone in the early 1800's to climb the corporate ladder?
-> Was it possible for a person with humble beginnings to work their way up to the top without starting their own business?
Edited the format
Henri Fayol was the first person to create a comprehensive theory about management. In his book, General and Industrial Management, he describes a pyramid hierarchy for management, similarly to what we see in the corporate world today. About the same time, Frederick Taylor published his book The Principles of Scientific Management. These two books laid out the foundation for management of modern corporations and industries.