PRINCIPLES OF MANAGEMENT

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PRINCIPLES OF MANAGEMENT
PRINCIPLES ARE THE STATEMENTS OF FACTS
WHICH PROVIDE GUIDANCE TO ATTAIN THE GOAL
OF THE ORGANISATION
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NATURE OF PRINCIPLES OF MANAGEMENT
UNIVERSAL APPLICABILITY
FLEXIBILITY
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GENERAL GUIDELINES
BEHAVIOURAL IN NATURE
FORMED BY EXPERIMENTS ON HUMAN BEHAVIOUR
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IMPORTANCE OF PRINCIPLES OF MANAGEMENT
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UNITY OF COMMAND

• ALL THE ORDERS ARE TO BE GIVEN BY ONLY ONE
  BOSS,WHICH RESULT IN COMPLETION OF WORK

IF COMMAND WILL BE GIVEN BY MORE THAN ONE BOSS
,CREATES CONFUSION CHAOS AND RESULTS IN
INCOMPLETION OF THE WORK
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SCALAR CHAIN

• SYSTEMATIC CHANNEL SHOULD BE FOLLOWED FROM THE
  TOP MANAGEMENT FOR PASSING INSTRUCTONS FOR AS
  WELL AS SUGGESTIONS AND PROBLEMS BY THE LOWER
  LEVEL MANAGEMENT BUT FAYOL INSISTED THAT A SHORT
  CUT NAMED AS GANG PLANK DEVICED TO COMMUNICATE
  AMONG THA SAME LEVEL IN CASE OF EMERGENCY

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EQUITY
ALL SUPERIORS SUBORDINATES ARE EQUAL FOR THE
MANAGEMENTT.NO BIASED BEHAVIOUR SHOULD BE ADOPTED
ON THE BASIS OF THEIR CASTE .CLASS, COLOUR,
CREED JOB POSITIONTO BE TREATED EQUALLY
PARITY OF AUTHORITY RESPONSIBILITY
A BALANCE TO BE MAINTAINED IN GRANTING AUTHORITY
GIVING RESPONSIBILITY IF AUTHORITY gt
RESPONSIBILITY THEN MISUSE OF AUTHORITY IF
RESPONSIBILITY gtAUTHORITY THEN OVERBURDEN WITH
RESPOSIBILITY
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DISCIPLINE
RULES,PENALTIES ARE EQUALLY IMPLICABLE FOR ALL
THE EMPLOYEES IRRESPECTIVE AF THEIR JOB POSITIONS
INITIATIVE
OPPORTUNITIES SHOULD BE GIVEN TO ALL THE
EMPLOYEES TO BE THE PART OF PLANNING EXECUTION
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ESPIRIT DE CORPS
IT MEANS UNITY IS STRENGTH ,ALL EMPLOYEES SHOULD
FEEL THAT THEY ARE THE PART OF THE TEAM
SUBORDINATION OF INDIVIDUAL INTEREST TO
GROUP INTEREST
THE INTEREST OF THE ORGANISATION SHOULD SUPERSEDE
THE INDIVIDUAL INTEREST
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STABILITY OF TENURE OF PERSONNEL
EMPLOYEES SHOULD BE GIVEN JOB SECURITY THEN ONLY
THEY CAN CONTRIBUTE TO THEIR MAXIMUM IN THE
ORGANISATION
UNITY OF DIRECTION
ALL THE EMPLOYEES SHOULD BE DIRECTED TOWARDS ANE
COMMON GOAL WORK IN ONE DIRECTION
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DIVISION OF WORK
ALLOCATION OF EACH SMALL PART OF WORK TO THE
EMPLOYEES AS PER THEIR INTEREST EXPERIENCE,
THAT LEADS TO SPECIALISATION
ORDER
ORDERLY ARRANGEMENT OF MEN ,MATERIAL MACHINE AT
A FIXED PLACE
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FAIR REMUNERATION
REMUNERATION PAID TO AN EMPLOYEE SHOULD BE FAIR
JUST . FAIR WAGES GIVE SATISFACTION TO THE
EMPLOYEES,WHICH ARE DECIDED IN ACCORDANCE TO THE
MINIMUM WAGES ACT ,FINANCIAL CAPACITY OF THE
CONCERN AMOUNT PAID BY THE COMPETITORS
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CENTRALISATION DECENTRALISATION
WHEN DECISION MAKING AUTHORITY LIES WITHIN FEW
HANDS , ie CENTRALISATION
WHEN DECISION MAKING AUTHORITY IS SHARED AT
DIFFERENT LEVELS , ie DECENTRALISATION