14 Principle of Henry Fayol | Henry Fayol 14 Principle of Management| SYBCOM Sem -3 Commerce |
Question
14 Principle of Henry Fayol
Henry Fayol 14 Principle of Management
SYBCOM Sem -3 Commerce
Solution
Henry Fayol, a French engineer and director of mines, proposed 14 principles of management in 1916. These principles are still widely used in organizational management to improve efficiency and effectiveness. Here are the 14 principles:
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Division of Work: This principle asserts that specialization increases output by making employees more efficient.
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Authority: Managers must have the right to give orders, but they must also keep in mind that with authority comes responsibility.
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Discipline: Employees must obey and respect the rules that govern the organization. Good discipline is the result of effective leadership, a clear understanding between management and workers regarding the organization’s rules, and the judicious use of penalties for infractions of the rules.
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Unity of Command: Every employee should receive orders from one superior only. This reduces the potential for confusion and misunderstanding in the organization.
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Unity of Direction: All related activities should be put under one group, and they should be following one plan. This ensures unity of action and direction.
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Subordination of Individual Interest to General Interest: The interests of any one employee or group of employees should not take precedence over the interests of the organization as a whole.
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Remuneration: Workers must be paid a fair wage for their services. This is crucial to keeping employees motivated.
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Centralization: This principle refers to the degree to which subordinates are involved in decision making. Whether decision making is centralized (to management) or decentralized (to subordinates) is a question of proper proportion.
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Scalar Chain: The line of authority from top management to the lowest ranks represents the scalar chain. Communication should follow this chain.
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Order: This principle is concerned with systematic arrangement of men, material, and machines. There should be a place for everything and everything should be in its place.
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Equity: All employees should be treated as equally as possible.
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Stability of Tenure of Personnel: High employee turnover is inefficient. Management should provide orderly personnel planning and ensure that replacements are available to fill vacancies.
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Initiative: Employees who are allowed to originate and carry out plans will exert high levels of effort.
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Esprit de Corps: Promoting team spirit will build harmony and unity within the organization.
These principles are meant to help managers achieve the organization's goals and create a positive work environment.
Similar Questions
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Three broad categories of management roles was first discussed in management scholarship by Henri Fayol.
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