Fayol proposed 14 principles of management that are still widely used today. Some of the key principles include: dividing work into specialized tasks to improve efficiency; balancing authority and responsibility so employees can do their jobs; ensuring individual interests are subordinate to group interests; maintaining a clear chain of command from top to bottom in the organization; and promoting team spirit and harmony among employees. Fayol is considered the father of general management for being the first to define management's basic functions and propose a set of principles for effective management.
Henri Fayol's Principle of Management
Henri Fayol, a French mining engineer, born in 1841 and died in 1925. He developed the 14 principles of management based on his management experiences. These principles provide modern-day managers with general guidelines on how a supervisor and organize their department and manage their staff. Fayol advocates that managers should have a thorough knowledge of his/her employees, aim at making unity, energy, initiative, and loyalty prevail among employees.
It is crystal clear that having a clear management structure in place is vital for any successful organization. Efficient and well-intentioned management sets the tone for the rest of the staff. It is common for the attitude approach of managers to filter through the entire organization, so having managers working in an exemplary way is an excellent example for employees to follow.
Henri Fayol's Principle of Management
Henri Fayol, a French mining engineer, born in 1841 and died in 1925. He developed the 14 principles of management based on his management experiences. These principles provide modern-day managers with general guidelines on how a supervisor and organize their department and manage their staff. Fayol advocates that managers should have a thorough knowledge of his/her employees, aim at making unity, energy, initiative, and loyalty prevail among employees.
It is crystal clear that having a clear management structure in place is vital for any successful organization. Efficient and well-intentioned management sets the tone for the rest of the staff. It is common for the attitude approach of managers to filter through the entire organization, so having managers working in an exemplary way is an excellent example for employees to follow.
This presentation focuses on the fundamentals of management.Emphasis is on knowledge and understanding for the following:
1. Management concept
2. Effectiveness vs. Efficiency
3. Management Functions
4. Management Theories and History
(MST) Advanced Administration and Supervision in Educational Practices
(class report(s)/discussion(s))
DISCLAIMER: I do not claim ownership of the photos, videos, templates, and etc used in this slideshow
Management is the science of making people and resources productive.
It is the process of planning, organizing, directing and controlling the available resources of the organization to achieve its goals and objectives.
The present power point presentation explains the following concepts such as organization, organisation, organisational structure, definition, factors affecting organizational structure, departmentalisation, span of management, centralisation, decentralisation, delegation of authority, methods, function, process, product, customers, territory, centralization, decentralization, departmentalization
This presentation focuses on the fundamentals of management.Emphasis is on knowledge and understanding for the following:
1. Management concept
2. Effectiveness vs. Efficiency
3. Management Functions
4. Management Theories and History
(MST) Advanced Administration and Supervision in Educational Practices
(class report(s)/discussion(s))
DISCLAIMER: I do not claim ownership of the photos, videos, templates, and etc used in this slideshow
Management is the science of making people and resources productive.
It is the process of planning, organizing, directing and controlling the available resources of the organization to achieve its goals and objectives.
The present power point presentation explains the following concepts such as organization, organisation, organisational structure, definition, factors affecting organizational structure, departmentalisation, span of management, centralisation, decentralisation, delegation of authority, methods, function, process, product, customers, territory, centralization, decentralization, departmentalization
Henri Fayol’s Contribution into Management
Fayol's 14 Principles of Management
Fayol's six primary functions of management
Frederick Taylor’s Contribution into Management
Four Principles of Scientific Management
Directing: - Directing is a complex function that all those activities which are designed to encourage subordinate to work effectively and efficiently.
Selection: - Selection is the process of choosing from among the candidates from within the organization or from the outside, the most suitable for the current positions or for the future position.
Recruitment is the process of motivating a large number of candidates to apply for a particular job in an organisation. Higher the number of candidates, more is the possibility of selecting the right potential candidates
Structure of Organisation: - Organisation structure are patterns of relationship among the various positions in a firm and among the various people occupying the positions. • Job Design • Departmentalization • Span of Control• Delegation of Authority
Organizing is the process of identifying and grouping the work to be performed, Defining and delegating defining and delegating responsibility and authority and establishing relationship for the purpose of enabling people to work most effectively together in accomplishing objectives
Accounting, Financial Accounting, Objectives of Management Accounting, Cost Accounting, Basic Terminologies in Financial Accounting :, Accounting Concepts and Conventions: TYPES OF ACCOUNTS: Accounting Standards, Accounting for Planning & control
Features of Planning, Focuses on Objectives Primary function Pervasive Continuous Futuristic Decision Making Mental Exercise, Importance of Planning, Provides Direction
Reduces Risk of Uncertainty
Reduces Overlapping and Wasteful Activities
Promotes Innovative Idea,Facilities Decision Making,Establishes Standards for Contrlling, Limitation of Planning, Creates Rigidity
Does not work in dynamic Environment
Reduces Creativity
Involves Huge Cost
Time Consuming
Does not Gurantee Sucess
Planning Process, Setting Objective, Developing Premises, Indentifying Alternative course of Action, Evaluating Alternative Course, Selecting an alternative, Implementing the Plan, Follow up Action
Characteristics of Business Environment, Importance of Business Environment, Dimensions of Business Environment, 1. Economic Environment, 2. Social Environment, 3. Technological Environment, 4. Political Environment, 5. Legal Environment, Totaliity of external forces
Specific and general forces
Inter- Relatedness, Dynamic nature, Uncertainity, Complexity, Relativity, 6. Improvement in performance,
Scientific Management, Taylor’s Scientific Management, Principles of Scientific Management, Science, Not Rule of Thumb, Harmony, Not Discord, Mental Revolution, Techniques of Scientific Management, Present Status of Scientific Management
Management, Feature of Management, Objective of Management, Management as an Art, Levels of Management, Functions of Management, 1. Planning 2. Organising 3. Staffing 4. Directing 5. Controlling
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
Home assignment II on Spectroscopy 2024 Answers.pdf
Fayol's princciple of management
1. FAYOL’S PRINCIPLE OF MANAGEMENT
Fayol’s Contribution
1. Fayol’s was the firstto define the four functions of management:
Planning, Organising, Directing and Controlling.
2. He laid down 14 principles of management in his book known as “
Administration industrielle et general’ in French and I English wherein it
is known as ‘ General & industrialManagement”
3. He divided the industrialactivities into technical, commercial, financial,
security and accounting management.
4. Fayol’s is popularly known as “Father of General Management”
Principles of Management given by Fayol’s
1 Division of work 2 Authority & Responsibility
3 Discipline 4 Unity of Command
5 Unity of Direction 6 Subordination of Individual
Interestto General Interest
7 Remuneration of Employee 8 Centralisation & Decentralisation
9 Scalar Chain 10 Order
11 Equity 12 Stability of Personnel
13 Initiative 14 Espirit de Corps
1. Divisionof Work: - According to this principle , work can be performed
more efficiently if it is divided in different tasks and each task is then
performed by a specialist or trained worker. Itis on the basis of the
principle that one can find separatedepartments for finance,
production, marketing, human resources etc. in an organisation.
2. Authority andResponsibility:- Authority means power to take decision
and responsibility means obligation to carry outan assigned job.
According to Fayol’s, there should be a balance between authority and
responsibility e.g. if any employee has been assigned any responsibility,
he must be given sufficient authority to do his job efficiently and vice-
versa.
3. Discipline:- Disciplinemeans obedience to organisationalrules and
employment agreement that are necessary for functioning of any
organisation. According to Fayol, discipline require:
2. Good Supervision atall the levels of management
Clear and fair agreement
Application of penalties judiciously.
4. Unity of Command: - According to this principle an individual employee
should have only one superior from whom he should receive order and
to whom he should be responsible. If an employee receives orders from
more than one person at a time it creates confusion and conflict. Thus
principle of unity of command avoids confusion and leaves no option for
conflicts on the part of employee.
5. Unity of Direction:- According to this, activities having the common goal
must haveone head and one plan. This helps in bringing unity of action
and coordination in an organisation.
6. Subordinationof Individual Interest toGeneral Interest:- According to
Fayol, organisationalinterest should be given morepriority as compared
to individual interest of an employee. An organisation has its own
objective while an individual worker has his own individual interest for
working in a company. The interests of the group mustsupersedethat of
the individual.
7. Remunerationof Employees:- According to this principle, the
remuneration payableto the employees should be fair to both
employees and the employer. The employee should get fair wages which
ensureat least a reasonablestandard of living. On the other hand, it
should also be within the paying capacity of the business. In short,
overall pay and compensation payable to workers should befair and
equitable.
8. CentralisationandDecentralisation:- According to Fayol’s thereis a
need to balance subordinateinvolvement through decentralization with
manager’s retention of final authority centralisation. A company must be
properly balanced i.e. it should neither be completely centralized nor
decentralized. Centralisation is the process of the concentration of
power of decision making with one person while decentralisation means
dispersalof power of decision making among more than one person.
9. Scalar Chain: - According to Fayol’s Organisation should havea chain of
authority and communication that runs from top to bottom and should
be followed by managers and the subordinate. Scalar chain refers to the
3. formallines of authority from highest rank to the lowestrank. The
principle of scalar chain suggests that there should be a clear line of
authority from top to bottom, linking superiors and subordinates atall
levels. The scalar chain serves as a chain of command as well as
communication.
10.Order:- According to Fayol’s people and material must be in suitable
places at appropriatetime for maximum efficiency. The principle of
order is concerned with proper arrangements of things and placement
of people. The order can be following types:
Material Order:- Arrangementof things is called material order. It
ensures proper and fixed place for various materials, tools and
equipment’s.
Social Order:- Arrangements of peoples is referred to as social
order. Itensures proper and fixed place or seat/ cabin etc. for
each employee in an organisation.
11.Equity:- According to Fayol’s good senseand experience are needed to
ensurefairness to all employees who should be treated as fairly as
possible. This principle states that managers should be kind and fair
towards their workers. All workers should betreated alike and there
should be no discrimination on the basis of sex, religion, caste, belief etc.
All employees should be treated equally & impartially.
12.Stability of Personnel:- According to Fayol’s employee turnover should
be minimized to maintain organisational efficiency. In an organisation
the employees should be selected and appointed after following a due
and rigorous procedure. Oncethey are appointed they should be kept at
their positions for a minimum fixed period. According to this principle,
worker should havestability of tenure and should be given sufficient
time to show their performance.
13.Initiative:- According to Fayol’s worker should beencouraged to
develop and carry outtheir plans for improvement. Initiatives refer to
the firststep taken by the employees towards their self-motivation. This
principle states that employees at all levels should be give freedom to
some extent so that they can come forward and usetheir skills to
achieve expected goals.
4. 14.Espirit de Corps:- According to Fayol’s Management should promote a
team spiritof unity and harmony among employees. In order to achieve
organisationalobjectives, management should promote team work and
coordination. The feeling of ‘I’ should be replaced with ‘We’ in the
managers while having a conversation with the worker. Espiritde corps
refers to team spiriti.e. harmony in work group and mutual
understanding among workers.