fayol principle of mgt
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FAYOL’S FAYOL’S PRINCIPLES OF MANAGEMENT PRINCIPLES OF MANAGEMENT
AND AND FUNCTIONS OF MANAGEMENTFUNCTIONS OF MANAGEMENT
By- NITEEN.PB.com 1st SemRoll no. 305
Fourteen Principles of as one of the classical
organization theory that is PRINCIPLES OF
MANAGEMENT were developed by Henri Fayol and
have been considered universally applicable to every
type of organization.
HENRI FAYOL (1841-1925)
PRINCIPLES OF MANAGEMENT PRINCIPLES OF MANAGEMENT
DIVISION OF WORK OR SPECIALIZATION
AUTHORITY AND RESPONSIBILITY
DISCIPLINE
UNITY OF COMMAND
UNITY OF DIRECTION
SUBORDINATION OF INDIVIDUAL TO GENERAL
REMUNERATION
CENTRALIZATION
LINE OF COMMAND/SCALAR CHAIN
ORDER
EQUITY
STABILITY OF TENURE
INITIATIVE
ESPRIT DE CORPS
DIVISION OF WORK OR SPECIALIZATION
Division of work makes a man specialist. The
reason is that division of work helps to specialize in
an activity which increases the output with
perfection. It also avoids wastage of time. Division
can be applied to both technical and managerial
kind of work.
AUTHORITY AND RESPONSIBILITY
Management is getting things done by others. A
superior gives direction to his sub-ordinates to
perform the job. Then the super-visor may exercise
his authority. The post he holds invests him with
this authority. Authority is closely connected with
responsibility. Responsibility is shouldered
whenever authority is exercised . Responsibility is
essential to perform a job correctly.
DISCIPLINE
Discipline is essential in all levels of management.
Discipline is obtained through judicial application of
penalties. Limits of acceptable behavior are
absolutely necessary to define, so that everyone in
an organization knows what can and cannot be
done. Often this principle is difficult for a supervisor
to apply impartially.
UNITY OF COMMAND
An employee should receive orders from only one
supervisor. Yet, because of a number of
interacting variables in any job situation, line and
staff as authority become opposed to line and
staff as function
UNITY OF DIRECTION
There should be only one plan, and the person
should be responsible for supervising it; all
activities have the same objective, should be
supervised by one person.
SUBORDINATION OF INDIVIDUAL TO GENERAL
The individual should subordinate self-interest to
the general good. It is incumbent upon management
to reduce conflict between the individual and the
general well being wherever possible.
REMUNERATION
Remuneration for work must be fair and accurate,
affording maximum satisfaction for both employee
and employer. The manager must examine tasks,
identify responsibilities, and decide upon a just level
of compensation.
CENTRALIZATION
Fayol thought centralization of authority to be
desirable, at least for overall control. Certainly,
both formulation of policy and the generation of
basic rules and procedures ought to be
centralized.
LINE OF COMMAND/SCALAR CHAIN
Organizations need a formalized hierarchy that
reflects the flow of authority and responsibility. Fayol
suggested that a chain of command is necessary
most of the time, but, at times, it is best ignored.
The communication flows to top to bottom or bottom
to top. It should be proper.
ORDER
It is applied to both material and men. The
material should be kept in order in the place
where it is necessary. The personnel are
selected scientifically and assigned duties
according to there qualification and ability.
EQUITY
Employees must be seen as persons, not things to
be manipulated. If managers hope to create a
good working environment, they must treat
everyone fairly and with equity. Equity refers to a
combination of fairness, kindness and justice.
STABILITY OF TENURE
The management should ensure stability or
security of job to every employee of the
undertaken.
INITIATIVE
The power of thinking out, proposing and executing.
Management should encourage employees to
originate and carry out plans. This urging tends to
boost levels of effort.
ESPRIT DE CORPS
This means union is strength or Team Spirit. He felt
that all successful organizations survive only when
a feeling of unity pervades the group and that
viable organizations cleat with crises as a team.
Fayol's six primary functions of management,
which go hand in hand with the Principles, are as
follows:
Forecasting.
Planning.
Organizing.
Commanding.
Coordinating.
Controlling.
FUNCTIONS OF MANAGEMENT
REFERENCES
notes
www.google.com
www.wikipedia.org