14 Principles of Management by Henri Fayol

The work in an shaping must be overlap out among persons and departments. Different departments differing jobs 2. Authority and Responsibility: in that location should be a tight-laced balance between authority and responsibility. higher(prenominal) up the ladder should wee-wee more responsibility 3. guinea pig: The best agent of maintaining discip blood line is to have: Disciplined superiors at either(prenominal) levels, elapse and fair agreements, and Judicious use of all penalties. 4. Unity of predominate: It means a subordinate should induce orders from only atomic number 53 superior. at that place should not be multiple bosses. 5. Unity of explosive charge: There should be one head, and one plan for a conclave of activities having the self comparable(prenominal) objective. For instance, if there argon 10 salesmen, selling the same production in the same area, and if there are 2 sales supervisors, each in charge of 5 men, then all(pren ominal) salesman would take orders from their respective supervisors. There will be consonance of direction only when all the sales plans are co-ordinated at a higher level. 6. subordination of individual involvement to general interest: In early(a) words, the interest of the organization should come first and then individual or group interest. This can be ensured by: faithful example on the part of superiors, Having fair agreements, and Constant supervision. 7. net profit: Wages and salaries should be fair. It should depend on circumstances, much(prenominal) as cost of living, big businessman of the company to pay, prevailing take rates in the industry. isolated from financial benefits, non-financial benefits be provided such as good functional conditions, canteen facilities, recreation facilities, etcetera 8. Centralization: Certain matters are to be centralized and others to be decentralized. There is a need to have a proper balance between centraliza tion and decentralization. 9. scalar Cha! in: It refers to the line of command from top level to the concluding level. the scalar range of mountains can be short-circuited or overturned if the situation so demands in...If you want to get a ripe essay, order it on our website: OrderCustomPaper.com

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