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Henri Fayol developed 14 principles of management in the early 20th century that are still used
today. The document summarizes some of Fayol's key principles including division of work,
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IIPS
Principles & practices of management(PPM)
Assignment

Topic – Principles Of Management

Guided By: Submitted By :


2013-2014

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INDEX
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Sir Henri ayol


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OR
Reliance resh
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Introduction to Management Start your 30 day free trial

Principles of management and


its description in brief

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You're
Sir Reading aFayol
Henri Preview
Henri Fayol ( 29 July 1841 Upload your documents
– 19 November to download.
1925) was a French
mining engineer & director of mines who developed a general
theory of business administration. Upload to Download
Fayol's work was one of the first comprehensive statements
of a general theory of management. OR
Fayol was a successful mining engineer and senior executive
Become
prior to publishing a Scribd member
his principle to read andscience.
of administrative download Hefull documents.
was not primarily a theorist , but rather a successful senior a
successful senior manager who sought to bring
Start your 30 dayorder to his
free trial
personal experiences.
Fayol’s five principle roles of management are still actively practised today he has found
“ Plan , Organise, command, co-ordinate and control “ written on more than one
manager’s whiteboard during his career.
Fayol ideas had a major effect on how mgt functions in most established organisation .
In many ways, they are the bible of mgt and the source of idea is even today is certainly
used by all managers

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Reliance fresh is the convenience store format which forms part of the retail
business of Reliance Industries ofUpload to Download
India which is headed by Mukesh Ambani.
The company already has in excess of 1000 reliance fresh outlets across the country.
These stores sell fresh fruits and vegetables, staples, groceries, fresh juice, bars and dairy
products.
OR

Rekiance Fresh stores are already selling over 1000 tonnes of fresh products and 250
categories. Become a Scribd member to read and download full documents.
Reliance fresh is aggressively workink on introducing a pan-india network of retail stores
Start
with world class enviroment, state your 30 dayand
of technology freeseamless
trial supply chain.

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Management
You're Reading a Preview
Upload your documents
Management is a universal phenomenon. It is a veryto download.
popular
widely used term. All organisations whether social or political
Upload
are involved in mgt as it helps and direct the to Download
various efforts
towards a definite purpose. It is an art of creating an environ-
ment in which can perform and individual can OR co-operate
towards attainment of group goals. A cco. to H.F ayol , Mgt is

To forecast , to plan , to organise , to command, to coordinate


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and to control ‘ .

Start your 30 day free trial


It establises cause and effect relationship b/w two or more variables under given state.
They serve as a guide to thoughts and actions. Thr4
mgt
principles are the statement of fundamental truth
based on logic which provides guidelines
4 managerial decision making and actions.

Hence we can say that good mgt includes both being effective
$ efficient i.e; fiiting square pegs in square holes and round
ones in round.

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Principles
You're Of
ReadingManagement
a Preview
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1 Division of work
2 Upload
Authority andtoResponsibility
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3 Discipline
4 Unity of Command
OR
5 Unity of Direction
6 aSubordination
Become of
Scribd member to read individual
and download fullinterest
documents. to general
interest
7 Remuneration
Start your 30of
dayemployees
free trial
8 Centralisation and Decentralisation
9 Scalar chain
10 Order
11 Equity
12 Stability of personnel
13 Initiative
14 Espirit de Corps

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Division
You're Readingof work
a Preview
According to this principle,Upload yourwork
the whole documents to download.
must be divided into small task or units and
instead of assigning the whole work to one person . One task or job should be
assigned to one person according to thetocapability
Upload Download, qualification and experience of
the person .
When a person is performing a part of job again and again he will become perfect and
ORimprove . This principle is very useful for
specialised ine that job and efficiency will
any ognisation be it private or public. It enhances overall performance of an
organisation because
Become specialists
a Scribd memberperform
to readconsistently
and download. full documents.
For example an orgaisation having different departments.
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Authority
You're$ Responsibility
Reading a Preview
Authority means power take Upload your Responsibility
decision. documents to download.
means obligation to complete the
job on time. So according to principle there should balance and parity b/w authority
Upload to
and responsibility . Excess of authority Download
may bring negative results and Ecess of
responsibility will not allow the worker to complete the work on time.
Balance b/w both of them will result in no misuse of authority and it also helps in
meeting responsibility on tie without any ORdelay.

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Discipline
You're Reading a Preview
Discipline refers to generalUpload your documents
rules , regulation to download.
for systematic working of an organisation.
It doesn't mean only rules and regulation but it also means developing commitment
Upload to
in the employees towards organisation . ItDownload
also means obedience to organisational
rules that are necessary for functioning of an organisation. It includes –
• Good supervision at all level
OR
• Clear and fair agreement
• Application of penalties judiciously
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Employees must honor the commitment made by them and management must meet its
promises. On one hand it enforces orderliness and motivates on other side.
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Unity
You'reof Command
Reading a Preview
Upload your documents to download.
There should be one & only one boss for every individual employees working in an
organisation. If employees get order from 2 superiors at same time then they will get
Uploadthat
confused and not able to understand to Download
whose orders must be executed .
Thus unity of command avoids confusion and conflicts. It also helps in harmonious
relations and fixation of responsibility. If
OR
this principle is violated then there will be
ego clashes as employees should receive order from one boss only. this principle
helps to create peace in same level and to subordinate.
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Unity
You'reof Direction
Reading a Preview
Upload
Efforts of all the members and your documents
employees to download.
of an organisation must be directs towards
one direction that is achievement of common goal. This helps in bringing unity of
Upload to Download
action and coordination in an organisation. Each department and groups having
common objective must have one head and one plan only.
All the units of an organisation should be moving towards the same objectives through
coordinated and focused efforts. PositiveOReffects are –
 Achievement of organisation goal
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 Efforts of all the employees get unified towards one direction only.

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u ordination
You're Readingo a Previewindividua
interest to
Upload your general
documents to download. int.
The interest of an organisation should take priority over the interest of any individual
Upload to Download
employee. If objectives of both organisation and individual are in different directions
then managers must try to reconcile individual interest with organisation goal and if
it is not possible then individual goal must be sacrificed for achieving organisational
goal. OR
Employees are required to give up carelessness, selfishness, lethargy and personal
Become no
interest. it ensures a Scribd memberastocredit
ego clashes read and
goesdownload
to groupfull
and documents.
coordination between
individual and organisation.
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Remuneration
You're Readingof employees
a Preview
Upload your
The overall pay and compensation documents
should to employees
be fair to download. and workers to give them
at least a reasonable standard of living. Remuneration paid to employees must be fair
because if employees are unpaidUpload to Download
they will not be satisfied and an unsatisfied person
can never contribute his maximum. Dissatisfaction will lead to increase in
employees turnover .
This ensures congenial atmosphere b/w theOR management and workers. In healthy
atmosphere , workers put there best efforts to contribute maximum. it ensures
Become aand
smooth functioning Scribd memberthem.
motivates to read and download full documents.

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Centralisation & Decentralisation


You're Reading a Preview
Upload yourof
Centralisation refers to concentration documents
authoritytoindownload.
few hands at the top level.
Decentralisation means evenly distribution of power at every level of management.
According to fayol, a company must
Uploadnottobe completely centralised or completely
Download
decentralised but there must be both depending upon the nature and size of the
organisation. A company must be properly balanced i.e.; it should not be completely
OR leads to positive effect that are –
centralised or decentralised. This principle
I. Fast decision at operational level and strict control by top level
II. Benefits ofBecome a Scribdas
centralisation member
well asto read and download full documents.
decentralisation.

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Scalar
You're ReadingChain
a Preview
Upload your
Scalar chain means line of authority or documents to download.
chain of superiors from highest to lowest rank.
Organisation should have a chain of authority and responsibility that runs from top
to bottom and should be followed by manager.
Upload to Download
Every info. must pass through every key of this chain , no skipping of any one key should
be allowed. In case of emergency when information has to be passed so fayol has
permitted a short cut in the chain whichORis called “ gang – plank”. Gang plank
permits direct communication between the employees working at the same level of
authority without following scalar chain. It leads to systematic flow of chain.
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Order
You're Reading a Preview
People and material must beUpload your documents
in suitable to download.time for maximum
place at appropriate
efficiency. In other words, there must be orderliness in the organisation
a) Material order – arrangement of Upload
thingstoisDownload
called material order. It ensures proper &
fixed place for various materials , tools , and equipments.
b) Social order – arrangement of people is referred to as social order. It ensures proper
OR
& fixed place for each employee in an organisation.
It results in increase in productivity and efficiency and smoothly functions without
hindrance. Become a Scribd member to read and download full documents.

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Equity
You're Reading a Preview
Good sense and experienceUpload your documents
are needed to download.
to ensure fairness to all employees , who should
be treated as fairly as possible.
Equity means to be kind, fair , and Upload
just treatment to employees. Employees will put their
to Download
maximum efforts when they are treated with kindness and justice. This will ensure
loyalty and devotion.
There should be no discrimination against anyoneOR on a/c of sex, religion, language,
caste, belief or nationality. If a manager is biased in dealing with employees then they
will get dissatisfaction and will
Become a Scribd membernot contribute
to read and to their maximum
download capacity. Employees
full documents.
seek to become loyal and devoted if equally treated .

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Stability of aPersonnel
You're Reading Preview
Employees turnover shouldUpload your documents
be minimized to download.
to maintain organisational efficiency. In an
organisation the employees should be selected and appointed after following a due
and rigorous procedure. Once they are to
Upload appointed
Downloadthey should be for fixed period.
Management must provide the feeling of job security among the employees because with
the feeling of insecurity they can’t contribute to maximum. Frequent turnover of
OR
employees is bad for organisation and should be done when necessary. Not only
turnover but frequent transfer or rotation should be avoided as it takes some time for
a person to learn and settle for the job and it also reduces wastage of time and money
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Initiative
You're Reading a Preview
Workers should be encouraged Upload
to your documents
develop to download.
and carry out their plans for improvement
Initiative means first step with self motivation. Fayol said that employees must be given
an opportunity to take some initiative
Uploadin to making
Downloadand executing a plan. so managers
must welcome the suggestion and ideas of employees before framing plan.
Employees must be given freedom to come ahead and use their skills to achieve
expected goal. Positive effects are – OR
i. Develops feeling of belongingness in employees.
ii. EmployeesBecome
achieveatarget
Scribdon
member
time iftothey
readare
andset
download
up withfull documents.
their consultation.

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Espirit Dea Preview


You're Reading Corps
Management should promote Upload yourspirit
a team documents to and
of unity download.
harmony among employees. In
order to achieve organisational goal, mgt should promote team work and
coordination. Espirit De Corps means
Upload union is strength. Fayol suggested that every
to Download
employee in the organisation must consider him as a part of a team and try to
achieve team goal because team contribution is always better than individual.
OR It helps to develop a feeling of mutual
The feeling of “I” should be replaced with “WE”.
trust and understanding and achieve goal with efficiency and effectiveness.
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Bibliography
You're Reading a Preview
Upload your documents to download.
• 14 Principles of Management. (2008, Aug 29).
Retrieved 10 2008,Upload fromto Download
www.12manage.com:
http://www.12manage.com/methods_fayol_14_princ
iples_of_management.html OR

• Drucker, P. (2007). Management Tasks,


Become a Scribd member to read and download full documents.
Responsibilities, Practices. New Jersey:
Transaction Publishers. Start your 30 day free trial

• Wikipedia.com
• Google.com
• Ril.com
• 12th management by poonam gandhi

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