14 Principles of Management

Please download to get full document.

View again

of 2
42 views
All materials on our website are shared by users. If you have any questions about copyright issues, please report us to resolve them. We are always happy to assist you.

Download

Document Related
Document Description
What are the 14 Principles of Management? Description The 14 Management Principles from Henri Fayol (1841-1925) are: 1. Division of Work. Specialization allows the individual to build up experience, and to continuously improve his skills. Thereby he can be more productive. 2. Authority. The right to issue commands, along with which must go the balanced responsibility for its function. 3. Discipline. Employees must obey, but this is two-sided: employees will only obey orders if management play
Document Share
Document Tags
Document Transcript
  What are the 14 Principles of Management? Description The 14 Management Principles from Henri Fayol (1841-1925) are: 1. Division of Work . Specialization allows the individual to build up experience,and to continuously improve his skills. Thereby he can be more productive. 2. Authority . The right to issue commands, along with which must go the balancedresponsibility for its function. 3. Discipline . Employees must obey, but this is two-sided: employees will onlyobey orders if management play their part by providing good leadership. 4. Unity of Command . Each worker should have only one boss with no otherconflicting lines of command. 5. Unity of Direction . People engaged in the same kind of activities must have thesame objectives in a single plan. This is essential to ensure unity and coordinationin the enterprise. Unity of command does not exist without unity of direction butdoes not necessarily flows from it. 6. Subordination of individual interest (to the general interest). Managementmust see that the goals of the firms are always paramount. 7. Remuneration . Payment is an important motivator although by analyzing anumber of possibilities, Fayol points out that there is no such thing as a perfectsystem. 8. Centralization (or Decentralization). This is a matter of degree depending on thecondition of the business and the quality of its personnel. 9. Scalar chain (Line of Authority). A hierarchy is necessary for unity of direction.But lateral communication is also fundamental, as long as superiors know thatsuch communication is taking place. Scalar chain refers to the number of levels inthe hierarchy from the ultimate authority to the lowest level in the organization.It should not be over-stretched and consist of too-many levels. 10. Order . Both material order and social order are necessary. The former minimizeslost time and useless handling of materials. The latter is achieved throughorganization and selection. 11. Equity . In running a business a ‘combination of kindliness and justice’ is needed.Treating employees well is important to achieve equity. 12. Stability of Tenure of Personnel . Employees work better if job security andcareer progress are assured to them. An insecure tenure and a high rate of employee turnover will affect the organization adversely. 13. Initiative . Allowing all personnel to show their initiative in some way is a sourceof strength for the organization. Even though it may well involve a sacrifice of  ‘personal vanity’ on the part of many managers. 14. Esprit de Corps . Management must foster the morale of its employees. Hefurther suggests that: “real talent is needed to coordinate effort, encouragekeenness, use each person’s abilities, and reward each one’s merit withoutarousing possible jealousies and disturbing harmonious relations.”  What is Management? Five elements Fayol's definition of management roles and actions distinguishes between FiveElements : 1. Prevoyance . (Forecast & Plan). Examining the future and drawing up a plan of action. The elements of strategy.  2. To organize . Build up the structure, both material and human, of theundertaking. 3. To command . Maintain the activity among the personnel. 4. To coordinate . Binding together, unifying and harmonizing all activity and effort. 5. To control . Seeing that everything occurs in conformity with established rule andexpressed command.
Search Related
We Need Your Support
Thank you for visiting our website and your interest in our free products and services. We are nonprofit website to share and download documents. To the running of this website, we need your help to support us.

Thanks to everyone for your continued support.

No, Thanks