Henri foyals

1. CHAPTER 1 :-MANAGEMENT PRINCIPAL AND APPLICATION

2. University of mysore
Govt. First Grade College ,Alur
2021-22
Seminar
Subject:Management Principle and Application
Topic:Evaluation of Management
Submitted By,
Charithra H.S
1st B.com
Govt.First Grade College, Alur.
Submitted To,
Vinay A.S Sir
Commerce Lecturer
Govt.First Grade College ,Alur.

3. EVALUATION OF THE
THEORY
 Focus on organization efficiency through satisfaction of social and psychological
need of the workers
 Participative management is the better than authoritarian management
 Design of theory :social needs are secondary to pschological needs
 Analysis of the theory : group dynamics may not be as important as emphsized
upon

4. Henri fayol a French industrialist is now recognized as the father of
modern management.in year 1916 fayol wrote a book "INDUSTRIAL
AND GENERAL ADMINISTRATION" in this book he gave the 14 principle
of management this 14 principle of management are universally
accepted and used even today according to henri fayol all maneger
must follow this 14 principle

5. Henri fayols
14 principal of manegment

6. Henri fayols 14 principles of management
1. Division of work
2. Authority and responsibility
3. Discipline
4. Unity of command
5. Subordination of individual interest to the general interest
6. Remuneration
7. Centralization
8. Scalar chain
9. Order
10. Equity
11. Initiative
12. Stability of tenure of personnel
13. Aspirin dead corps

7. DIVISION OF WORK
 work should be divided
amoung individuals and
groups to ensure that effort
and attention are forced on
the special portions of the
task
 Fayol presented work
specialization as the best way
to use the human resources
of organization

8. AUTHORITY AND RESPONSIBILITY
 The concepts of authority and
responsibility are closely
related
 Authority was defined by
fayol as the right to give order
and the power to exact
obidience

9. DISCIPLINE
 A successful organization
requires common effort of
workers.
 Penaties should be applied
judiciously to encourage this
common effort.

10. UNITY OF COMMAND
 Worker shold receive order
from only one maneger

11. UNITY OF DIRECTION
 The entire organization
should be moving towards a
common objective in
common direction

12. SUBORDINATION OF INDIVIDUAL INTREST TO
THE GENERAL INTEREST
 Then interests of one person
should not take priority over
the interest of the
organization as the whole.

13. REMUNERATION
 Many variables such as cost
of living supply of qualified
personnel general business
condition and success of the
business should be
considered in determining a
workers rate of pay.

14. CENTRALIZATION
 Fayol defined centralization as
lowering the importance of
the subordinate role.

15. SCALAR CHAIN
 Lower level managers should
always keep upper level
maneger informed of their
work activity

16. ORDER
 For the sake of efficiency and
co-ordination all material and
people related to a specific
kind of work should be
treated as equally as possible

17. EQUITY
 All employees should be
treated as equally as possible

18. STABILITY OF TENURE OF PERSONNEL
 Retaining productive
employees should always be
a high priority of
management

19. INITIATIVE
 Manegment should take steps
to encourage worker initiative
which is defined as new or
auditional work activity
undertaken through self
direction.

20. ESPRIT DE CORPS
 Management should
encourage harmony and
general good feelings amount
employees.

21. PRESENTED BY
CHARITRA H S