14 PRINCIPLES OF MANAGEMENT 		                                 -HENRI FAYOLBy RAHUL KR SINGHMBA(HOSPITAL ADMINISTRATION)MMHRC,MADURAI
INTRODUCTIONA principle refers to a fundamental truth.
It establishes cause and effect relationship between          	two or more variables under given situation.
They serve as a guide to thought & actions.These principles are derived: -On the basis of observation and analysis
By conducting experimental studies14 PRINCIPLES OF MANAGEMENT DESCRIBED 							BY HENRI FAYOLDivision of Labor
Party of Authority & Responsibility
Principle of One Boss
Unity of Direction
Equity
Order
 Discipline14 PRINCIPLES OF MANAGEMENT DESCRIBED 						BY HENRI FAYOLInitiative
Fair Remuneration
Stability of Tenure
Scalar Chain
Sub-Ordination of Individual Interest to General Interest
Espirit De’ Corps
Centralization & De-CentralizationDIVISION OF LABOURstressed on the specialization of jobswork of all kinds must be divided and allotted to various personssimpler and results in efficiencyhelps the individual in acquiring speed, accuracy in his performanceSpecialization leads to efficiency & economy in spheres of business
Party of Authority & Responsibilityco-existingAuthority is given to a person, he should also be		 made responsible.He should also have concerned authority, if anyone is made responsible.Authority refers to the right of superiors. responsibility means obligation for the performance of the job assigned.Should be a balanced.Authority- Responsibility = Irresponsible Behavior Responsibility- Authority= Ineffective
Principle of One BossA sub-ordinate should receive orders and be accountable to only boss at a time.a sub-ordinate should not receive instructions from more than one personDual sub-ordination should be avoidedThe enterprise a disciplined, stable & orderly existenceHarmonious relationship between superiors and sub-ordinatesa sub-ordinate should not receive instructions from more than one person

14 principles of_management

  • 1.
    14 PRINCIPLES OF MANAGEMENT -HENRI FAYOLBy RAHUL KR SINGHMBA(HOSPITAL ADMINISTRATION)MMHRC,MADURAI
  • 2.
    INTRODUCTIONA principle refersto a fundamental truth.
  • 3.
    It establishes causeand effect relationship between two or more variables under given situation.
  • 4.
    They serve asa guide to thought & actions.These principles are derived: -On the basis of observation and analysis
  • 5.
    By conducting experimentalstudies14 PRINCIPLES OF MANAGEMENT DESCRIBED BY HENRI FAYOLDivision of Labor
  • 6.
    Party of Authority& Responsibility
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
     Discipline14 PRINCIPLES OFMANAGEMENT DESCRIBED BY HENRI FAYOLInitiative
  • 12.
  • 13.
  • 14.
  • 15.
    Sub-Ordination of IndividualInterest to General Interest
  • 16.
  • 17.
    Centralization & De-CentralizationDIVISIONOF LABOURstressed on the specialization of jobswork of all kinds must be divided and allotted to various personssimpler and results in efficiencyhelps the individual in acquiring speed, accuracy in his performanceSpecialization leads to efficiency & economy in spheres of business
  • 18.
    Party of Authority& Responsibilityco-existingAuthority is given to a person, he should also be made responsible.He should also have concerned authority, if anyone is made responsible.Authority refers to the right of superiors. responsibility means obligation for the performance of the job assigned.Should be a balanced.Authority- Responsibility = Irresponsible Behavior Responsibility- Authority= Ineffective
  • 19.
    Principle of OneBossA sub-ordinate should receive orders and be accountable to only boss at a time.a sub-ordinate should not receive instructions from more than one personDual sub-ordination should be avoidedThe enterprise a disciplined, stable & orderly existenceHarmonious relationship between superiors and sub-ordinatesa sub-ordinate should not receive instructions from more than one person

Editor's Notes

  • #2 By N.VIDIVARASI 1ST MBA
  • #3 INTRODUCTION
  • #4 InitiativeFair RemunerationStability of TenureScalar ChainSub-Ordination of Individual Interest to General InterestEspirit De’ Corps (can be achieved through unity of commandCentralization & De-Centralization
  • #5 InitiativeFair RemunerationStability of TenureScalar ChainSub-Ordination of Individual Interest to General InterestEspirit De’ CorpsCentralization & De-Centralization
  • #17 proper co-ordination should be encouraged to develop informal relations among themselves. create enthusiasm and keenness among subordinates employees should be rewarded
  • #18 Centralization