![]() ![]() This remuneration should include both financial and non-financial incentives. Any organization that underpays its workers will struggle to motivate and keep quality workers. This henry fayol principle of management states that employees should be paid fair wages for the work that they carry out. If anyone goes rogue, the organization will collapse. ![]() The interest of the organization should not be sabotaged by the interest of an individual. This principle states that the overall interest of the team should take precedence over personal ones. Collective Interest Over Individual Interest The different activities can be broken down for different sub-managers, but they should all work towards a common goal under the direction of one main person in charge of the whole thing. For example, if you have a range of marketing activities such as advertising, budgeting, sales promotion, etc., there should be one manager using one plan for all the marketing activities. This henry fayol principle of management states that the work to be done should be organized in such a way that employees work in harmony towards the same objective, using one plan, under the direction of one manager. Moreover, this will cause a breakdown in management structure and cause employees to burn out. If an employee works under two or more managers, then authority, discipline, and stability are threatened. According to Fayol, an employee should receive orders from only one manager. The employees should be clear on whose instructions to follow. This principle states that that should be a clear chain of command in the organization. In order to achieve this, there is a need for good supervision and impartial judgment. Bending rules or slacking should not be allowed in any organization. There should be a set of organizational rules, philosophies, and structures in place that should be met by everyone. In order to have disciplined employees, managers need to build a culture of mutual respect. This principle states that discipline is required for any organization to run effectively. If there is more responsibility than authority, the manager will feel frustrated. If there is more authority than responsibility, the employees will get frustrated. According to Henri Fayol, there should be a balance between authority and responsibility. However, this authority should come along with responsibility. If managers did not have any authority, then they would lack the ability to get any work done. This henry fayol principle of management states that a manager needs to have the necessary authority in order to ensure that his instructions are carried out by the employees. ![]() This will help them to become more productive, skilled, and efficient in the long run. In order to implement this principle effectively, look at the current skill sets of each employee and assign them a task that they can become proficient at. This is opposed to a multi-tasking culture where an employee is given so many tasks to do at once. ![]() The first henry fayol principle of management is based on the theory that if an employee is given a specific task to do, they will become more efficient and skilled in it. Let’s take a look at them and understand them in detail. Henry Fayol’s 14 principles of management look at an organization from a top-down approach to help managers get the best from employees and run the business with ease. Henry Fayol’s 14 Principles of Management Sign-up for our exclusive online PGDM course and learn from top faculty at JAGSOM. By placing the focus on managerial skills over technical skills, these principles give us a foundation for what we call “good management”. One classic theory on the principles of management was written by Henri Fayol in his 1916 book, "Administration Industrielle et Générale”. Without these in place, there would be little to no structure and focus in an organization. Management has four basic functions - planning, organizing, leading, and controlling, also called the POLC framework in management. Any organization that wishes to be efficient and achieve its goals needs good management. ![]()
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