14 Principles of management by Hanry fayol

1. 14 PRINCIPLES OF
MANAGEMENT
By
HENRY FAYOL

2. What is management ?
• Management can be defined as a process of getting the work or the
task done that is required for achieving the goals of an organisation in
an efficient and effective manner. Process implies the functions of the
management. That is, planning, organising, staffing, directing and
controlling.

3. Importance of management
• Goal Achievement
• Optimum Utilization of Resources
• Customer Satisfaction
• Innovation and Continuous Improvement
• Adaptability to Change
• Motivation and Leadership
• Conflict Resolution
• Decision Making

4. Functions of management

5. 14principlesof management
I – Initiative
U- Unity of Command
S- Scalar Chain
E- Equity
D- Division of Work
A- Authority and Responsibility
D- Discipline
S- Subordination of Individual
Interest to General Interest
S- Stability of Tenure
O- Order
U- Unity of Direction
R- Remuneration of
Personnel
C- Centralization
E- Esprit de Corps

6. I – Initiative
This principle states that all
employees should be encouraged
to show initiative. When
employees have a say as to how
best they can do their job, they
feel motivated and respected.
U- Unity of Command
The employees should be clear
on whose instructions to
follow. An employee should
receive orders from only one
manager.
S- Scalar Chain
A scalar chain refers to a
clear chain of
communication between
employees and their
superiors.
E- Equity
Equity is a combination of
kindness and justice. This
principle states that managers
should use kindliness and
justice towards everyone they
manage.
I USE

7. D- Division of Work
If an employee is given a
specific task to do, they will
become more efficient and
skilled in it.
A- Authority and Responsibility
Authority means the power and
right to give orders and make
others obey. Responsibility means
a duty to deal with something so
that it is your fault if something
goes wrong.
D- Discipline
This principle states that
discipline is required for any
organization to run
effectively. In order to have
disciplined employees,
managers need to build a
culture of mutual respect.
S- Subordination of Individual
Interest to General Interest
It states that the group or
organizational objective should
be given priority over the
individual employee's
objectives.
DADS

8. S- Stability of Tenure
They need to be given
enough time to settle into
their jobs to become
efficient.
O- Order
This principle states that
there should be an orderly
placement of resources
(manpower, money,
materials, etc.) in the right
place at the right time.
U- Unity of Direction
states that the work to be done
should be organized in such a way
that employees work in harmony
towards the same objective, using
one plan, under the direction of one
manager.
R- Remuneration of
Personnel
It states that employees
should be paid fair wages for
the work that they carry out.
SOURCE

9. C- Centralization
This states the concentration
of power in the hands of the
authority and following a
top-bottom approach to
management.
E- Esprit de Corps
It states that the management
should strive to create unity,
morale, and co-operation among
the employees.

10. CASE STUDY
• Ramesh is the owner of a printing press. The size of his organization
has increased during the recent past. There are many employees who
work in his organization. The organization is considered good and has
earned a lot of reputation in the market. However when it comes to
making key decisions in the organization related to many things he
never considers the opinions of his subordinates. Even though the size
of the organization has increased yet he tries to take all the key
decisions on his own.
• Which principle of Fayol has been violated by him?

11. PRESENTED BY:-
OMKAR KALBHOR
PRATIK SHELKE
SWARAJ KOLI
NACHIKET
BINDAVASINI CHOUDHARY
HARSHITA UPADHYAY
Thanky
ou!