Principles Of Management

MEANING

Principles Of Management Are The

Guidelines For Managerial
Decisions (Managing Men &
Things)
NATURE OF PRINCIPLES
OF MANAGEMENT

Universal Application

General Guidelines

Formed By Practice and

Experimentation

Flexible

Behavioural

Cause and Effect Relationship

 Importance of
Principles of
Management

1.Effective administration

2.Provides useful insights into reality

3.Optimum utilisation of resources

4.Scientific decisions
5.Meets environmental changes

6.Fulfils social responsibility

7.Provides training, education

and research

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 Importance of
Management Principles

1 Provides Direction

Effective
Administration 2
3 Optimum utilization
of Resources

Scientific Decision 4
5 Fulfilling social
Responsibilities

Training
and Development 6

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 Here, Are The
14 Principles Of General
Management

1 Principle of Division of work

the whole work must be divided into smaller

tasks and each individual must be assigned with
one job only.

2
Principle of Authority and Responsibility

Authority means power to take decision,

whereas Responsibility refers to the
obligation to complete the job.

3 Principle of Discipline
the word discipline does not only means following
rules and regulations but it also refers to
developing commitments in the mind of employees
towards each other.
 Principle of unity of Command
4
l insist
According to this principle Fayo
that, an employee should
ly.
receive orders from one boss on

5
Unity of Direction

One unit means one plan”

in the
The efforts of all the employees
wards one
organization must be directed to
direction only.

6
Principle of unity of Command

l insist
According to this principle Fayo
that, an employee should
ly.
receive orders from one boss on

7
est to
Subordination of Individual inter
general interest
st be in
The interest of organization mu
the same direction as
of individual interest.
8 Principle of centralization and
decentralization
Centralization refers to concentration of
powers in few hands only, whereas
Decentralization refers to evenly
distribution of power in the
organization.

9
Principle of scalar chain

Scalar chain refers to the line of

authority of superiors from highest
to
lowest rank.

10 Principle of order

Order does not means command but here

orders signifies orderly arrangement of
men and material in the organization.

11
Principle of Equity

It refers to equal and kind treatment of

employees

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12
Stability of tenure of personnel

According to this principle Fayol insist on no

frequent transfer or termination of employees.

Principle of Initiative (self efforts)

13
Employees must be given an opportunity to take some
initiative in making and executing the plan for which they
can also be rewarded, it gives them immense satisfaction.

14 Principle of Esprit de corps

Esprit de corps-Union is strength(team work) Fayol

emphasis on team work

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Scientific Principles of Management
( by F.W. Taylor )

S W
T O
 Science not Rule of thumb:-
Each and every job should be based on
scientific enquiry
and not on the bases of
intuition or by hit and trial method.

Harmony, not discord:-

All the members in the organization must

work
together, that is with mutual
understanding and healthy behavior.

Co-operation not individualism:-

work must be carried on in co-
operation with each other,
that is with mutual confidence
and understanding for each other

Development of workers to their

greatest efficiency and prosperity:-

The efficiency of an organization depends upon the

efficiency of its workers, and the efficiency of
workers can be increased by proper
selection and training.

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Techniques of
Scientific management

Method
Study

Time
Study

Motion
Study

Fatigue
Study
Standardisation
and
Simplification of
work
Differential
Piece Wage
System
Functional
foremanship
 Functional
foremanship is an extension of the principle of
division of work and specialisation.
Eachworker is supposed to take
orders from 8 foremen.

Instruction Card Clerk : Draft instructions for the workers.

Route Clerk : Specify route of production.

Time and Cost Clerk : Prepare time and cost sheet.

Disciplinarian : Ensuring Discipline

Speed boss : Timely & Accurately completion of job.

Gang Boss : Keeping tools & Machines ready for operations

Repair Boss : Whenever some repair is involved

in any work, the work is done properly.

Inspector : Checking the quality of work.

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