Theory: 14 principles Of Management Administrative

By Henri Fayol- Career Admistrator
Theory: 14 principles Of Management
Administrative
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Henri Fayol created Administrative Theory or 14 principles of management on the management. His Administrative Theory or 14 principles of management following are:

Division of Work: This principle the same as Adam Smith’s ‘Division of labour’.

Authority: Manager must be able to give the order. Authority gives this right.

Discipline: Employees must obey and respect the rules and regulations which governs the organization.

Unity of Command: Every employee should receive order or direction from only one upward or superior.

Unity of Direction: Each group of the organization should be direction by one manager using one plan.

Subordination of Individual Interests to the General Interest: The management must see that the aims of the businesses are always supreme.

Remuneration of Personnel: The labours must be paid a reasonable salary for their work.

Centralization: The process of transforming assigning decision making authority to a higher level of an organizational hierarchy, it is centralisation that should follow this.

Scalar Chain: Line of authority from top management to the lower ranks represents the hierarchy or scalar chain. This chain should follow.

Order: people and materials should be in the right place at the right time.

Equity: In running a business, a combination of kindness and justice need.

Stability of Tenure of Personnel: Staffs work is well if job safety and career improvement are guarantees to the team.

Initiative: Allowing all personnel to show their initiative in some way is a source of stretch for the organization.

Esprit de Corps: Promoting team spirit will build unity and harmony within the organization.