Fayol’s
14 Principles of Management
1. Division
of work
Specialization increases
output by making employees more efficient.
2.
Authority.
Managers must be able to give
order. Authority gives them this right. Along with authority,
however, goes responsibility.
3.
Discipline.
Employees must obey and
respect the rules that govern the organization.
4.
Unity of Command
An employee should receive
orders from one superior only.
5.
Unity of direction.
The organization should have
a single plan of action to guide managers and workers.
6.
Subordination of individual interests to the 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.
7.
Remuneration.
Workers must be paid a fair
wage for their services.
8.
Centralization.
This term refers to the
degree to which subordinates are involved in decision making.
9.
Scalar Chain.
The line term refers to the
degree to which subordinates are involved in decision making.
10.
Order.
People and materials should
be in the right place at the right time.
11.
Equity.
Managers should be kind and
fair to their subordinates.
12.
Stability of tenure of personnel
Management should provide
orderly personnel planning and ensure that replacements are available
to fill vacancies.
13.
Initiative.
Employees who are allowed to
originate and carry out plans will exert high levels of effort.
14.
Esprit de corps
Promoting team spirit will build harmony and unity within the
organization.
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