INNOVATIVE WORK

Submitted by:

Aneesha. J. N

13303002

Commerce

EASY TO STUDY FAYOL’S 14 PRINCIPLES OF MANAGEMENT

Henry Fayol (1841-1925)

                                                                                           

                               

1.     DIVISION OF WORK                        

 WHOLE WORK MUST BE DIVIDED INTO SMALL TASKS.

2. AUTHORITY AND RESPONSIBILITY

’AUTHORITY IS THE RIGHT TO GIVE ORDERS AND RESPONSIBILITY IS THE OBLIGATION TO COMPLETE THE JOB.’

3. DISCIPLINE

BE OBEDIENT TO THE RULES AND REGULATIONS

4. UNITY OF COMMAND

AN EMPLOYEE SHOULD GET ORDERS FROM ONE SUPERIOR

5. UNITY OF DIRECTION

SAME KIND OF OPERATION ONE PLAN AND ONE HEAD

6.SUBORDINATION OF INDIVIDUAL INTEREST TO GENERAL INTEREST
’PRIORITY TO THE COMMON INTEREST OF THE ORGANIZATION’

7. REMUNERATION                 

’FAIR WAGES SHOULD BE GIVEN TO ALL EMPLOYEES

8. CENTRALISATION AND DECENTRALIZATION’

CONCENTRATION OF AUTHORITY IN THE FEW HANDS AT THE TOP LEVEL

9. SCALAR CHAIN

CHAIN OF POWERS RANGING FROM TOP TO BOTTOM

10. ORDER

PROPER PLACING OF EMPLOYEE AND MATERIAL

11. equity

EQUAL JUSTICE TO ALL EMPLOYEES

12. STABILITY OF TENURE OF PERSONNEL

EMPLOYEES SHOULD NOT BE SHIFTED FREQUENTLY

13. INITIATIVE

WORKERS MUST BE ENCOURAGED TO TAKE INITIATIVE

14. ESPIRIT  DE CORPS

UNION IS STRENGTH