Designing Organizations
Share your inquiries now with community members
Click Here
Sign up Now
Lessons List | 18
Lesson
Comments
Related Courses in Business
Course Description
The fourteen principles of management created by Henri Fayol are explained below.
1. Division of Work-
Henri believed that segregating work in the workforce amongst the worker will enhance the quality of the product. Similarly, he also concluded that the division of work improves the productivity, efficiency, accuracy and speed of the workers. This principle is appropriate for both the managerial as well as a technical work level.
2. Authority and Responsibility-
These are the two key aspects of management. Authority facilitates the management to work efficiently, and responsibility makes them responsible for the work done under their guidance or leadership.
3. Discipline-
Without discipline, nothing can be accomplished. It is the core value for any project or any management. Good performance and sensible interrelation make the management job easy and comprehensive. Employees good behaviour also helps them smoothly build and progress in their professional careers.
4. Unity of Command-
This means an employee should have only one boss and follow his command. If an employee has to follow more than one boss, there begins a conflict of interest and can create confusion.
5. Unity of Direction-
Whoever is engaged in the same activity should have a unified goal. This means all the person working in a company should have one goal and motive which will make the work easier and achieve the set goal easily.
6. Subordination of Individual Interest-
This indicates a company should work unitedly towards the interest of a company rather than personal interest. Be subordinate to the purposes of an organization. This refers to the whole chain of command in a company.
7. Remuneration-
This plays an important role in motivating the workers of a company. Remuneration can be monetary or non-monetary. However, it should be according to an individual’s efforts they have made.
8. Centralization-
In any company, the management or any authority responsible for the decision-making process should be neutral. However, this depends on the size of an organization. Henri Fayol stressed on the point that there should be a balance between the hierarchy and division of power.
9. Scalar Chain-
Fayol on this principle highlights that the hierarchy steps should be from the top to the lowest. This is necessary so that every employee knows their immediate senior also they should be able to contact any, if needed.
10. Order-
A company should maintain a well-defined work order to have a favourable work culture. The positive atmosphere in the workplace will boost more positive productivity.
11. Equity-
All employees should be treated equally and respectfully. It’s the responsibility of a manager that no employees face discrimination.
12. Stability-
An employee delivers the best if they feel secure in their job. It is the duty of the management to offer job security to their employees.
13. Initiative-
The management should support and encourage the employees to take initiatives in an organization. It will help them to increase their interest and make then worth.
14. Esprit de Corps-
It is the responsibility of the management to motivate their employees and be supportive of each other regularly. Developing trust and mutual understanding will lead to a positive outcome and work environment.
This 14 principles of management are used to manage an organization and are beneficial for prediction, planning, decision-making, organization and process management, control and coordination.
Trends
MS Excel
Python programming language
Learning English Speaking
AI fundamentals for beginners
Effective Communication Skills Development
English greetings and responses
HTML5 Features for beginners
Online digital marketing from home
Communication Skills
Python Programming | Edureka
Data structure types for beginners
Human Psychology
Video editing with adobe premiere
Graphic design rules for beginners
Email Marketing
AutoCAD drawing commands for beginners
Creating bitmap images from scratch
Java Programming Language
Cyber Security for Beginners | Edureka
Excel Course Basic to Advanced
Recent
AWS identity and access management
Financial safety in cyberspace
DXC Technology Job recruitment
UX design foundations for beginners
Python for data science and AI
Skills for software testing careers
Practical software testing for beginners
Agile Scrum for beginners
Key skills for software testing
JIRA agile test management for beginners
Manual software testing for beginners
Karate UI automation
SelectorsHub for beginners
manual testing interview questions
AI impacts on software testing
Software testing behavioral interview
ISTQB foundation exam questions
Cypress web automation using Javascript
Installing Playwrigh for beginners
Scenario based software testing interview