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Principles of Management

A principle that establishes a fundamental fact. It defines the cause and a good relationship between two different groups, individuals or things however more dynamic. Principles serve as a guide for thoughts, feelings, and actions. We know that management is universal because management principles are the foundation of the logic-based truth that guides managerial decision-making.

In the last century organizations were about management and organization was about management practice. In the 20th century, large organizations such as factories had a lot of trouble managing this space. At that time, there were only a few tools, models and methods to implement in those factories. At that time, Henri Fayol appeared - the founder of modern management.

Management

Fayol's principles are given below:

1. Division of labor
Division of labor refers to the practice of dividing an activity, assignment, task, contract, or factory department job into smaller tasks. Division of labor means that all work is divided into smaller tasks. This principle characterizes the workforce as a person's skills and career development within the workforce, and thus the increase in productivity. This specialization increases work efficiency.

By dividing all the work into smaller units of work, the speed, accuracy and productivity of workers increases. This principle applies to technical and administrative work processes. This division of labor principle can also be used in project work.

2. Authority and responsibility
Management has the power to give any order to employees to do or do things in the organization. Of course, with that authority comes the responsibility of the author. Authoritarian management gives the right to give any order to subordinates.

We can say that authority and responsibility go hand in hand and are two sides of the same coin.

3. Discipline
The third of the fourteen management principles relates to discipline or obedience. Discipline, obedience, correct dealings with others, respect for authority, etc.

Discipline is a necessary routine for all organizations. This also helps shape the culture within the organization. Discipline is important to all organizations.

4. Unity of command
Unity of command means that the employee receives orders from the manager and the employee is accountable to that manager.

If more than one manager assigns related tasks and responsibilities to an employee, this can lead to confusion and conflict among employees. Using this principle, tort liability can be easily determined.

5. Unity of direction
This management principle is about concentration and unity. All workers provide the factory with the same activities which can be related to the same goals. The team that makes up the team must perform all tasks. These activities should be specified in the work plan of the organization or any organization.

There must be a unified orientation plan for employees. It must be under the control of the administrator.

6. Subordination of individual interests to common interests
Management must distinguish between personal matters and corporate goals. You need to put personal issues aside and prioritize the goals of the organization.

For a business to want the organization to perform well, it must remember that the personal needs are less than the organization's. The manager must focus on organizational goals and not on individual goals. This principle applies not only to the manager but also to all levels of the organization.

7. The prize
Workers must receive adequate wages. It seriously affects employee motivation and productivity. Motivation and productivity are good friends and are related to organizational success.

The reward must be fair and reasonable. Typically, salaries are paid based on an individual's skills and productivity. The main goal of the organization is to increase the wealth and profits of the company. For this, the organization paid the employee's salary, wages and benefits to motivate the employee and ensure that the organization is profitable.

8. Center
The amount of authority in decision making must be properly balanced across the organization. The scope of authority depends on the size and scope of the organization, including hierarchy.

The degree of centralization refers to the concentration of authority and decision-making authority in top management. The separation of power or authority to lower levels is called decentralization in management principle.

9. Scalar series
The number chain indicates the chain of command from top management to the lowest ranks. The numerical chain indicates that there must be a clear line of authority from top to bottom, and all managers at all levels must be connected along this line. The chain of command is considered in management. It includes an interesting and useful concept called "Gang Board" where the subordinate can contact the superior in case of an emergency.

However, the direct reporting manager must report this to superiors.

10. Order
A company will function properly if the social system ensures its proper functioning through formal procedures. The company has several types of orders. They have to follow the rules of the company and then the company will make a profit.

The order of materials ensures safety, efficiency and good order in the workplace. The request must be acceptable to all and comply with company rules and regulations.

11.Capital
To ensure a good workplace, the manager's behavior must be treated kindly and fairly to the employee. Managers must be equal to everyone in all matters. Managers must be fair and impartial in dealings with employees and must treat all employees equally.

12. The stability of the model
If a good employee leaves your company, it will be very bad for the company. Employee stability is a principle that enables an organization to run smoothly without worrying about the frequent entry and exit of employees. To do this, the company must increase the employee's job stability.

The organization should take measures to ensure the greatest possible stability in the management position and in the position of the employee.

13. Motivation
Motivation is very important for any business. Taking advantage of this employee initiative can be a strength and reveal new ideas for the organization.

Employee motivation is a source of strength for the company, as it brings new and better ideas for the improvement of the company. Employees always want to be more interested in the work of the organization.

14. Team spirit
Esprit de corps underlines the importance of managers in ensuring and developing morale in the workplace and among employees. Group training helps build mutual trust and understanding. Team spirit helps and work to complete the job on time.

Management principle can be used to manage organizations and these are useful tools for forecasting, planning, operations management, organization management, coordination and control.

Even if they don't realize it, can they point out any problems and advise what to do?

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