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FOURTEEN PRINCIPLESOFMANAGEMENTBYHENRI FAYOL
HENRI FAYOL(29 July 1841 – 19 Nov 1825)He was a French mining engineerConsidered as the father of modern concept of manage...
Henri Fayol, a French industrialist, is now recognized as theFather of Modern Management. According to Henri Fayol, allman...
1. DIVISION OF WORK Divide work in to specialized tasks and assignedresponsibilities to specific individuals. Division o...
2. AUTHORITY &RESPONSIBILITY Delegate authority along with responsibility. There should be a balance between Authority (...
3. DISCIPLINE Maintain good discipline in order to make expectationclear and punish violators. If there is no self-disci...
4. UNITY OF COMMAND Each employee has one and only one Boss / Commander. In other words, a subordinate must report to on...
5. UNITY OF DIRECTION All activities which have the same objective must bedirected by one manager, and he must use one pl...
6. SUBBORDINATION OF INDIVIDUALINTERESTS TO GENERAL INTEREST When at work only the matters related to the job or dutiessh...
7. REMUNERATION Payments of salaries and incentive for workers inappreciation of their service. This policy should give ...
8. CENTRALIZATION Decisions are made from the top.
9. SCALAR CHAIN Scalar chain refers to the number of levels in thehierarchy from the ultimate authority to the lowest lev...
10.ORDER All personnel and materials must have designated place. There should be “a place for everything and everythingi...
11.EQUITY Equality of treatment without indiscrimination for thegender, creed or ethnicity. Equity creates loyalty and d...
12.STABILITY Ensure the Employee loyalty and longevity.
13.INITIATIVE Thinking out a plan and do what it takes to make it happen. And management should encourage initiative.IF ...
14.ESPIRIT DE CORPS Promote unity of interest between management andemployees.
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Henri fayol 14 principles with amendments(1)

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Henri fayol 14 principles with amendments(1)

  1. 1. FOURTEEN PRINCIPLESOFMANAGEMENTBYHENRI FAYOL
  2. 2. HENRI FAYOL(29 July 1841 – 19 Nov 1825)He was a French mining engineerConsidered as the father of modern concept of management
  3. 3. Henri Fayol, a French industrialist, is now recognized as theFather of Modern Management. According to Henri Fayol, allmanagers must follow these 14 principles.
  4. 4. 1. DIVISION OF WORK Divide work in to specialized tasks and assignedresponsibilities to specific individuals. Division of work leads to specialization, and specializationincreases efficiency, and efficiency improves the productivity andprofitability of the organization.
  5. 5. 2. AUTHORITY &RESPONSIBILITY Delegate authority along with responsibility. There should be a balance between Authority (Power)and Responsibility (Duties)
  6. 6. 3. DISCIPLINE Maintain good discipline in order to make expectationclear and punish violators. If there is no self-discipline, then discipline should beenforced through penalties, fines, etc.
  7. 7. 4. UNITY OF COMMAND Each employee has one and only one Boss / Commander. In other words, a subordinate must report to only onesuperior."Too many cooks spoil the soup."
  8. 8. 5. UNITY OF DIRECTION All activities which have the same objective must bedirected by one manager, and he must use one plan. Direction also means leading.
  9. 9. 6. SUBBORDINATION OF INDIVIDUALINTERESTS TO GENERAL INTEREST When at work only the matters related to the job or dutiesshould be focused, pursued and thought. The individual interest should be given lessimportance, while the general interest should be given mostimportance.
  10. 10. 7. REMUNERATION Payments of salaries and incentive for workers inappreciation of their service. This policy should give maximum satisfaction to bothemployer and employees.
  11. 11. 8. CENTRALIZATION Decisions are made from the top.
  12. 12. 9. SCALAR CHAIN Scalar chain refers to the number of levels in thehierarchy from the ultimate authority to the lowest level in theorganization. Having a formal chain of command from top to bottom.
  13. 13. 10.ORDER All personnel and materials must have designated place. There should be “a place for everything and everythingin its place”, and the "right man in the right place
  14. 14. 11.EQUITY Equality of treatment without indiscrimination for thegender, creed or ethnicity. Equity creates loyalty and devotion in the employees.
  15. 15. 12.STABILITY Ensure the Employee loyalty and longevity.
  16. 16. 13.INITIATIVE Thinking out a plan and do what it takes to make it happen. And management should encourage initiative.IF YOU DON’T TAKE A CHANCE, YOU DON’T STAND A CHANCE.
  17. 17. 14.ESPIRIT DE CORPS Promote unity of interest between management andemployees.

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