Principles of management General principle of managemen Division of work Authority and responsibility Discipline Unity of command Unity of direction Remuneration Centralization Scalar chain Equity Initiave Team spirit

1. G.F.G.C FOR WOMEN
HOLENARASIPURA
TOPIC:HENRY FAYOL’S 14 PRINCIPLES
SUBMITTED BY,
SINCHANA M S
1ST YEAR M.COM
G.F.G.C FOR WOMEN,
HOLENARASIPURA.
SUBMITTED TO,
MR. SUNDAR B N
ASST.PROFESSOR AND COURSE COORDINATOR
G.F.G.C FOR WOMEN,
HOLENARASIPURA

2. WELCOME
TO
MY
PRESENTAION

3. Henry fayol’s principles of management

4. PRINCIPLES OF MANAGEMENT
Management principles are the universally
applicable rules or recommendations that
guides the behavior or decision making of
manager

5. General principles of management
Henry Fayol’s 14 principles of management
1. Division of work
Division of work or specialization can give maximum
productivity and efficiency, By separating a small part
of work, the workers speed and accuracy in its
performance increases .
Specialization tends to avoid waste of time and effort
caused by changes from one work to another .
This principles is applicable to technical and
managerial work.

6. 2. Authority and Responsibility
The right to give order is called authority.
The obligation to accomplish is called
responsibility.
Authority and Responsibility are the two sides of
the management coin. Fayol suggested that
authority and responsibility should go hand-in-
hand. Authority without responsibility promotes
irresponsible behavior of the management.
Similarly, responsibility without authority makes
management ineffective.

7. 3. Discipline
The objectives, rules and regulations, the policies and
procedures must be honored by each member of an
organization.
There must be clear and fair agreement on above norms.
There must be penalties (punishment) for non-obedience
or indiscipline.
No organization can work smoothly without discipline -
preferably voluntary discipline

8. 4. Unity of Command
In order to avoid any possible
confusion and conflict, each member
of an organisation must receive
orders and instructions only from
one superior (boss).

9. 5. Unity of Direction
All members of an
organisation must work
together to accomplish
common objectives.

10. 6. Subordination of individual
interest to group interest:
In no way, the individual
interest should dominate the
group interest.

11. 7. Remuneration
Fair pay with non-financial rewards can
act as the best incentive or motivator for
good performance. Exploitation of
employees in any manner must be
eliminated. employees should be paid
fair wages for the work that they carry
out.

12. 8. Centralization
Decreasing the role of subordinates
in decision-making is centralization,
increasing their role is
decentralization. There must be a
good balance between centralization
and decentralization of authority and
power. Extreme centralization and
decentralization must be avoided.

13. 9. Scalar Chain/hierarchy
Orders or instructions issued at higher levels flow through
intermediate managers before reaching lower levels.
Scalar chain states superior-subordinate relationship throughout
the concern.
Communication takes too long a time as the order flows from the
top to the bottom in the chain.
There is a possibility of distortion of messages in the course of its
transmission.
However, a 'gang plank' may authority to allow quick be created
bypassing the established line of communication and swift action.

14. 10.Equity
Employees must be treated kindly, and justice
must be enacted to ensure a just workplace.
Managers should be fair and impartial when
dealing with employees.
(In organizations, equity is a combination of
kindliness and justice. Both equity and equality
of treatment should be considered when dealing
with employees.)

15. 12. Stability of Tenure of
Personnel/stability of staff
A person needs time to adjust himself with the new
work and demonstrate efficiency in due course.
Hence, employees and managers must have job
security.
Security of income and employment is a pre-requisite
of sound
organisation and management.

16. 13.Initiative
freedom to think and execute a plan.
Initiative implies
Initiative is a powerful motivator of human
behavior and a source of strength for the
organisation.
Zeal, energy, and initiative are desired at all
levels of the organizational ladder.

17. 14.team-spirit
The management should not follow the policy of
divide and rule.
Team spirit help All the employees of the
organization are put together as a team in order to
achieve the objectives of the organization.
s develop an atmosphere of mutual trust and
understanding.
These can be used to initiate and aid the processes of
change, organization, decision making, skill
management and the overall view of the management
function.