Fayol's Principles of Mx
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Transcript of Fayol's Principles of Mx
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7/30/2019 Fayol's Principles of Mx
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Fayols Principles of Management1. Division of Work
Worker: produce more,
better work @ same effort
Specialization: most efficient
way to use human effort
2. Authority & Responsibility
Authority: Right to give
orders & obtain obedience
Responsibility: corollary of
authority3. Disciplline
Best way to have good
superiors and clear & fair
rules & agreements
i. Apply sanctions &
penalties
judiciously
4. Unity of comman
1 & only 1 superior for each
individual employee
5. Unity of direction
All units toward same
direction @ coordinated &
focused effort
6. Subordination of individual interest to
general interest Interest of org > individual
employee
7. Remuneration of employees
Should be fair to employees &
org
8. Centralization
Balance:
i. Subordinate
involvement through
decentralization
ii. Managers retention of
authority through
centralization
9. Scalar chain
Chain of authority &
communication fr. top to bottom10. Order
Place for everything, everything
in its place
Max efficiency
11. Equity
Good sense & experience =
ensure fairness
12. Stability of personnel
Employee turnover should be
minimized
13. Initiative
Workers encouraged to develop
& carry out plans for
improvements
14. Esprit de corps
Team spirit of unity & harmony
among employees