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    Fayol's Principles of Management: Dad U C Ussr Oisee

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    Tasni Tasneem
    Fayol's Principles of Management outlines 14 general principles for effective management: 1) Division of work, specialization, and coordination of effort; 2) Authority and responsibility; 3) Discipline; 4) Unity of command; 5) Unity of direction; 6) Subordination of individual interests; 7) Remuneration; 8) Centralization; 9) Scalar chain; 10) Order; 11) Equity; 12) Stability of tenure; 13) Initiative; 14) Esprit de corps. These principles aim to increase organizational efficiency and performance.

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    Fayol's Principles of Management: Dad U C Ussr Oisee

    Uploaded by

    Tasni Tasneem
    115 views8 pages
    Fayol's Principles of Management outlines 14 general principles for effective management: 1) Division of work, specialization, and coordination of effort; 2) Authority and responsibility; 3) Discipline; 4) Unity of command; 5) Unity of direction; 6) Subordination of individual interests; 7) Remuneration; 8) Centralization; 9) Scalar chain; 10) Order; 11) Equity; 12) Stability of tenure; 13) Initiative; 14) Esprit de corps. These principles aim to increase organizational efficiency and performance.

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    Business studies

    Original Title

    Fayol's Principle

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    Fayol's Principles of Management outlines 14 general principles for effective management: 1) Division of work, specialization, and coordination of effort; 2) Authority and responsibility; 3) Discipline; 4) Unity of command; 5) Unity of direction; 6) Subordination of individual interests; 7) Remuneration; 8) Centralization; 9) Scalar chain; 10) Order; 11) Equity; 12) Stability of tenure; 13) Initiative; 14) Esprit de corps. These principles aim to increase organizational efficiency and performance.

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    115 views8 pages

    Fayol's Principles of Management: Dad U C Ussr Oisee

    Uploaded by

    Tasni Tasneem
    Fayol's Principles of Management outlines 14 general principles for effective management: 1) Division of work, specialization, and coordination of effort; 2) Authority and responsibility; 3) Discipline; 4) Unity of command; 5) Unity of direction; 6) Subordination of individual interests; 7) Remuneration; 8) Centralization; 9) Scalar chain; 10) Order; 11) Equity; 12) Stability of tenure; 13) Initiative; 14) Esprit de corps. These principles aim to increase organizational efficiency and performance.

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    of 8

    Fayol’s Principles Of

    Management
    DAD U C USSR
    O I SEE
    Fayol’s principle
    DIVISION OF WORK AUTHORITY AND RESPONSIBILITY
    • Dividing the work into small • Authority – power to take
    units and assigned to individuals decision
    • It leads to grade • Responsibility – to complete the
    efficiency,specialisation and job assigned
    increase productivity • There should be balance
    between authority and
    responsibility
    Fayol’s principles

    Discipline Unity of command


    • Obedience to the organisational • One subordinate should receive
    rules and regulations order from one superior only
    • Clear and fair agreements. • Otherwise it will create
    confusion and duplication of
    work
    Fayol’s Principles

    Centralization & Decentralization Unity of direction


    • Centralization- decision making • All units of organisation should
    power in the hands of few move towards same objectives
    • Decentralization- decision • Coordinated and focused efforts
    making power dispersed among • One head one plan
    more persons
    • Ensures unity of action
    • Both should be balanced
    Fayol’s principles
    Subordination of individual interest to
    Scalar chain general interest
    • Flow of authority from the top • The interest of the organisation
    to bottom should be given priority over the
    • The chain should not be violated interest of the individual
    • In case of emergency employees
    at the same level can contact
    through gang plank
    Fayol’s principles

    Remuneration of employees Order


    • The overall pay and • Everything and everyone should
    compensation should be fair be in its designated place
    • The wages should be reasonable • Orderly arrangement of men and
    and within the paying capacity material
    of organisation
    Fayol’s principles

    Initiative Stability of personnel


    • Worker should be encouraged to • Employee turnover should be
    develop and carry out their minimized
    plans • Person should be kept at the
    • Taking first step with self post for a minimum period of
    motivation time to show results
    • Thinking out and executing the
    plan
    Fayol’s principles

    Equity Espirit De corps


    • Employee should be treated as • Promote team spirit, unity, and
    fairly as possible harmony among employees.
    • Working environment should be
    fair
    • No worker should be unduly
    favoured or punished

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