Professional Documents
Culture Documents
Management
Management
Management
By Henri Fayol
Prepared by:
JENNY REY C. SABIT
OBJECTIVES
To discuss optimum life.
utilization of various
resources in an
organization.
To direct a student to
proceed in a certain
way for achieving
organizational aims.
To appreciate
principles of
management being
implemented in real
Management
The act or skill of controlling and making
decisions about business, department, sports
team, etc.
Management is the administration of an
organization, whether it is a business, a not for
profit organization or government body.
Management includes the activities of setting
strategy of an organization and coordinating
the efforts of its employees to accomplish its
objectives through the application of available
resources.
14 Principles of Management
Division of Work
Authority and Responsibility
Degree of Centralization
Discipline
Scalar Chain
Unity of Command
Order
Unity of Direction
Equity
Subordinations of Individual
Stability of Tenure of Personnel
Interest
Initiative
Remuneration
Esprit de Corps
Division of Work
Employees are specialized in different areas
and they have different skills. Different levels of
expertise can be distinguished within the
knowledge areas.
Unity of Command
Individual employee should receive orders
from one manager and that employee is
answerable to that manager.
Unity of Direction
All employees deliver the same activities that
can be linked to the same objectives. All
activities must be carried out by one group that
forms a team.
Degree of Centralization
Centralization implies the concentration of
decision making authority at the top
management.
Scalar Chain
Management principle states that there should
be a clear line in the area of authority.
Order
Employees in an organization must have the
right resources at their disposal so that they can
function properly in an organization.
Equity
Employees must be in the right place in the
organization to do things right.
Esprit de Corps
Esprit de Corps contributes to the
development of the culture and creates an
atmosphere of mutual trust and
understanding.
Online References:
https://www.toolshero.com
https://en.m.wikipedia.org
Merriam Webster Dictionary (MWD)
Thank you!!!