The document outlines the 14 administrative principles of management by Siddharth, known as ibmr-ibs, emphasizing a top-down approach. Key principles include division of work, unity of command, centralized decision-making, and equitable remuneration, with a focus on fair treatment and stability for employees. It encourages initiative and teamwork while ensuring that organizational goals take precedence over individual interests.

1. IBMR IBS:
THE 14 COMMANDMENTS
SIDDHARTH

2. 14 managment pricniples which is
referred as administrative in nature
and have top-down approach
Wirtings: Administration industriable
at general. It was Published in
English as Industrial Management
HENRY FAYOL

3. DIVISON OF WORK
Work specialization is way to use human
resource of org.

4. “
In IBMR-IBS , Different work is
assigned to different employee
and division of work is
FUNCTIONAL

5. AUTHORITY & RESPONSBILITY
Right to give order and expect obedience

6. “
◦In IBMR-IBS , Authority flows
from top-bottom , in terms of
responsibility even higher
authority is participative in
nature instead of instructive

7. DISCIPLINE

8. “
◦Every department is
discipline in its own manner

9. UNITY OF COMMAND
Orders received from single superior and are
answerable to the same

10. “
◦All the jobs in IBMR-IBS are
well-defined and streamlined
such that each employee
reports to his respective
head/superior.

11. UNITY OF DIRECTION
Common objective and direction

12. “
◦An objective should be same
for the whole unit of
organization and There should
be one leadership and one
plan

13. SUBORDINATE INDIVDUAL
INTEREST
Priority of organization goals stand
before individual

14. “
◦In IBMR-IBS professional
interest comes before
personal interest

15. REMUNERATION
Remuneration should be fair and
satisfactory to both the employees and
the employer

16. “
◦Employees of IBMR-IBS are
paid on Monthly basis.
◦ IBMR-IBS also follows the
pay and reward policy

17. CENTRALIZATION
Centralization and decentralization
should be adopted

18. “
◦Centralization means
where all the key decision
taken by the top level
management.

19. SCALAR CHAIN
Flow of authority and communication
from top level to lower level
management

20. “
◦In IBMR-IBS the information
and the authority flows from
top to bottom in 4 levels of
hierarchy

21. ORDER
systematic arrangement that there
should be a place for everything

22. “
◦In IBMR-IBS contains 2
category :
Social and material

23. EQUITY
It refers to combination of fairness,
kindness and justice

24. “
◦Everyone is equal in the
eye of management.

25. STABILITY OF TENTURE OF
PERSONNEL
An employee should be given sufficient
time to adjust to the job designated to
him

26. “
◦In IBMR-IBS the management
provides enough time for
every employee to get
adjusted to environment and
working hours

27. INITIATIVE

28. “
◦In IBMR-IBS Employees
are encouraged to take
initiative and are
appreciated

29. ESPIRIT DE CORPS
All the employees of the organization
are put together as a team

30. Thank you