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  • Fayol's Principles of MX

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    Gem Nicole P. Abrasaldo
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    Fayol's Principles of Management outlines 14 principles for effective management. The principles include division of work, authority and responsibility, discipline, unity of command, unity of direction, subordination of individual interests to the general interest, remuneration of employees, centralization, scalar chain, order, equity, stability of personnel, initiative, and esprit de corps. The principles are meant to provide guidance on organizing and managing workers in an efficient and productive manner.

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    Fayol's Principles of Mx

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    Fayol's Principles of Management outlines 14 principles for effective management. The principles include division of work, authority and responsibility, discipline, unity of command, unity of direction, subordination of individual interests to the general interest, remuneration of employees, centralization, scalar chain, order, equity, stability of personnel, initiative, and esprit de corps. The principles are meant to provide guidance on organizing and managing workers in an efficient and productive manner.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    45 views1 page

    Fayol's Principles of MX

    Uploaded by

    Gem Nicole P. Abrasaldo
    Fayol's Principles of Management outlines 14 principles for effective management. The principles include division of work, authority and responsibility, discipline, unity of command, unity of direction, subordination of individual interests to the general interest, remuneration of employees, centralization, scalar chain, order, equity, stability of personnel, initiative, and esprit de corps. The principles are meant to provide guidance on organizing and managing workers in an efficient and productive manner.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    Fayols Principles of Management 1.

    Division of Work Worker: produce more, better work @ same effort Specialization: most efficient way to use human effort Authority & Responsibility Authority: Right to give orders & obtain obedience Responsibility: corollary of authority Disciplline Best way to have good superiors and clear & fair rules & agreements i. Apply sanctions & penalties judiciously Unity of comman 1 & only 1 superior for each individual employee Unity of direction All units toward same direction @ coordinated & focused effort Subordination of individual interest to general interest Interest of org > individual employee Remuneration of employees Should be fair to employees & org

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    Centralization Balance: i. Subordinate involvement through decentralization ii. Managers retention of authority through centralization Scalar chain Chain of authority & communication fr. top to bottom Order Place for everything, everything in its place Max efficiency Equity Good sense & experience = ensure fairness Stability of personnel Employee turnover should be minimized Initiative Workers encouraged to develop & carry out plans for improvements Esprit de corps Team spirit of unity & harmony among employees

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