2. WHAT IS
MANAGEMENT PRINCIPLE ?
The statement of fundamental truth
which act as guideline for taking
managerial decision.
3.
4. He is also known as the
“Father of Management
Studies and Thoughts.”
He developed 14
principle of
management that act as
a guideline for managers
to take managerial
decision.
5. DIVISION OF WORK
AUTHORITY AND
RESPONSIBILITY
UNITY OF COMMAND
DISCIPLINE
INTEREST
UNITY OF DIRECTION
SCALAR CHAIN
EQUITY
STABILTY OF TENURE
CENTRALIZATION
ORDER
INITIATIVE
ESPRIT DE CORP
REMUNERATION
6. IT MEANS THAT INSTEAD OF ASSIGNING
THE WHOLE WORK TO ONE PERSON , THE
WORK MUST DE DIVIDED INTO SMALL UNIT
AND ACCORDINGLY THE WORK MUST BE
GIVEN TO INDIVIDUAL ACCORDING TO HIS
CAPABILITY, QUALIFICATION AND
EXPERIENCE.
7. Assigning the work according to their Capability,
Qualification and Experience.
8.
9.
10.
11. AN EMPLOYEE SHOULD RECEIVE
ORDERS FORM ONLY ONE BOSS, IF
HE IS GETTING ORDERS FROM MORE
THAN ONE BOSS THEN HE WILL BE
CONFUSED AND WILL NOT BE ABLE
TO UNDERSTAND WHOSE ORDER
MUST BE EXECUTED FIRST.
19. TAYLOR INSISTED THAT THERE SHOULD BE
TAKEN DUE CARE WHILE SECLECTING THE
EMPLOYEES.EMPLOYEES SHOULD BE SENT
FOR THE TRAINING FROM TIME TO TIME
TO UPDATE THERE KNOWLEDGE BECAUSE
INDUSTRIAL EFFICIENCY DEPENDS UPON
THE EFFICIENCY OF THE WORKERS.
24. ACCORDING TO THIS TECHNIQUE THE FACTORY
SHOULD BE DIVIDED INTO TWO PARTS :
1) PRODUCTION
DEPARTMENT
2) PLANNING
DEPARTMENT
25. TAYLOR WANTS THAT THE
WORKER SHOULD BE FREE
FROM THE BURDEN OF
PLANNING AND CONCENTRATE
ON THE PRODUCTION AREA. .
HE ALSO SUGGESTED THAT
UNDER EACH DEPARTMENT
THERE SHOULD BE SOMEONE
TO GUIDE, SUPERVISE AND
INSTRUCT THE WORKERS. THE
MAIN OBJECIVE BEHIND THIS
WAS TO DEVELOP
SPECIALIZATION IN
PRODUCTIVITY AND WORKERS.