12/14/23, 4:23 PM Henri Fayol's 14 Principles of Management: Meaning, Definition and More

Commerce (/commerce/) > List of Commerce Articles (/commerce/articles/) > Henri Fayol 14 Principles Of Management (/commerce/henri-fayol-14-principles-of-management/)

Henri Fayol's 14 Principles of Management

Henry Fayol, also known as the Father of Modern Management Theory, gave a new perception on the concept of management. He introduced a
general theory that can be applied to all levels of management and every department. He envisioned maximising managerial efficiency. Today,
Fayol’s theory is practised by the management to organise and regulate the internal activities of an organisation.

The fourteen principles of management created by Henri Fayol are explained below.

1. Division of Work

Henri believed that segregating work in the workforce amongst the workers will enhance the quality
of the product. Similarly, he also concluded that the division of work improves the productivity,
efficiency, accuracy and speed of the workers. This principle is appropriate for both the managerial
as well as a technical work level.

2. Authority and Responsibility

These are the two key aspects of management. Authority facilitates the management to work
efficiently, and responsibility makes them responsible for the work done under their guidance or
leadership.

3. Discipline

Without discipline, nothing can be accomplished. It is the core value for any project or any
management. Good performance and sensible interrelation make the management job easy and
comprehensive. Employees’ good behaviour also helps them smoothly build and progress in their professional careers.

4. Unity of Command

This means an employee should have only one boss and follow his command. If an employee has to follow more than one boss, there begins a
conflict of interest and can create confusion.

5. Unity of Direction

Whoever is engaged in the same activity should have a unified goal. This means all the people working in a company should have one goal and
motive which will make the work easier and achieve the set goal easily.

6. Subordination of Individual Interest

This indicates a company should work unitedly towards the interest of a company rather than personal interest. Be subordinate to the purposes of
an organisation. This refers to the whole chain of command in a company.

7. Remuneration

This plays an important role in motivating the workers of a company. Remuneration can be monetary or non-monetary. Ideally, it should be
according to an individual’s efforts they have put forth.

8. Centralization

In any company, the management or any authority responsible for the decision-making process should be neutral. However, this depends on the
size of an organisation. Henri Fayol stressed on the point that there should be a balance between the hierarchy and division of power.

9. Scalar Chain

Fayol, on this principle, highlights that the hierarchy steps should be from the top to the lowest. This is necessary so that every employee knows
their immediate senior also they should be able to contact any, if needed.

10. Order

A company should maintain a well-defined work order to have a favourable work culture. The positive atmosphere in the workplace will boost
more positive productivity.

11. Equity Hi there! Got any questions?

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All employees should be treated equally and respectfully. It’s the responsibility of a manager that no employees face discrimination.

12. Stability

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12/14/23, 4:23 PM Henri Fayol's 14 Principles of Management: Meaning, Definition and More
An employee delivers the best if they feel secure in their job. It is the duty of the management to offer job security to their employees.

13. Initiative

The management should support and encourage the employees to take initiatives in an organisation. It will help them to increase their motivation
and morale.

14. Esprit de Corps

It is the responsibility of the management to motivate their employees and be supportive of each other regularly. Developing trust and mutual
understanding will lead to a positive outcome and work environment.

In conclusion, the 14 Principles of Management the pillars of any organisation. They are integral for prediction, planning, decision-making, process
management, control and coordination.

Also Read: Difference Between Fayol and Taylor’s Theories of Management (https://byjus.com/commerce/difference-between-fayol-and-
taylors-theories-of-management/)

For more articles on management and organisation, download BYJU’S The Learning App.

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Treatment of Goodwill (https://byjus.com/commerce/treatment-of-goodwill/)

What Is Partnership (https://byjus.com/commerce/what-is-partnership/)

Frequently Asked Questions on Principles of Management

Q1 What Is the First Rule of Management?

The first rule of management is delegation. It is also known as division of work or responsibilities.

Q2 Name Any 5 Principles of Management?

Five principles of management are as follows:

1.Division of work
2.Unity of Command
3.Subordination of individual interest
4.Unity of Direction
5.Remuneration

Q3 What Is the importance of the 14 Principles of Management?

The principles of management allows managers to understand how to run an organisation. It also helps them to accomplish tasks and
manage situations as and when they arise in the organisation.

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Dishank
June 1, 2020 at 6:32 pm
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Very intresting and can be used in handy

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shinija
July 14, 2020 at 10:30 am
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very useful thank you

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U ABHIRAM
September 14, 2020 at 1:04 pm
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Thanks a lot I got very useful notes

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TRITHI
September 19, 2020 at 1:57 pm

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Masdon Mandall
September 22, 2020 at 9:49 pm
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Luke
September 22, 2020 at 9:50 pm
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Pooja vishakarma
October 7, 2020 at 7:55 pm
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Thanks sir

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Tariq amarkhil
October 18, 2020 at 10:31 am
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Ess
October 19, 2020 at 6:08 pm
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Bakari Clarion
October 20, 2020 at 2:22 am
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November 10, 2020 at 10:20 am
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November 23, 2020 at 6:00 pm
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Omo Alfa
November 27, 2020 at 6:53 pm
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December 4, 2020 at 12:19 am
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December 7, 2020 at 3:41 pm
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December 8, 2020 at 1:25 pm
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December 17, 2020 at 2:51 pm
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January 13, 2021 at 2:45 pm
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January 17, 2021 at 5:59 am
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Pancrecious
February 9, 2021 at 11:42 pm
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February 12, 2021 at 1:41 pm
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February 13, 2021 at 3:24 pm
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Shoaib Rawn
February 18, 2021 at 10:42 am
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wani alex
February 22, 2021 at 2:38 pm
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busayo
February 24, 2021 at 4:35 pm
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March 3, 2021 at 4:12 am
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May 20, 2021 at 8:01 pm
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August 17, 2021 at 6:55 am
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