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14 Principles of Management by Henri Fayol
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14 Principles of Management - are statements that are based on a fundamental truth.
These principles of management serve as a guideline for decision-making and management actions. They are drawn up by means of observations and analyses of events that managers encounter in practice.
Henri Fayol was able to synthesize 14 principles of management after years of study.
his principles of management and research were published in the book - General and Industrial Management’ (1916).
please subscribe us to discover more about human resources management & personal management-.
Here are the 14 Management Principles;
1. DIVISION OF WORK.
2. AUTHORITY.
3. DISCIPLINE.
4. UNITY OF COMMAND.
5. UNITY OF DIRECTION.
6. SUBORDINATION OF INDIVIDUAL INTERESTS TO THE GENERAL INTERESTS.
7. REMUNERATION.
8. CENTRALIZATION.
9. SCALAR CHAIN.
10. ORDER.
11. EQUITY.
12. STABILITY OF TENURE OF PERSONNEL.
13. INITIATIVE.
14. ESPIRIT DE CORPS.
These principles of management serve as a guideline for decision-making and management actions. They are drawn up by means of observations and analyses of events that managers encounter in practice.
Henri Fayol was able to synthesize 14 principles of management after years of study.
his principles of management and research were published in the book - General and Industrial Management’ (1916).
please subscribe us to discover more about human resources management & personal management-.
Here are the 14 Management Principles;
1. DIVISION OF WORK.
2. AUTHORITY.
3. DISCIPLINE.
4. UNITY OF COMMAND.
5. UNITY OF DIRECTION.
6. SUBORDINATION OF INDIVIDUAL INTERESTS TO THE GENERAL INTERESTS.
7. REMUNERATION.
8. CENTRALIZATION.
9. SCALAR CHAIN.
10. ORDER.
11. EQUITY.
12. STABILITY OF TENURE OF PERSONNEL.
13. INITIATIVE.
14. ESPIRIT DE CORPS.
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