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14 PRINCIPLES OF HENRI FAYOL…!!!

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14 PRINCIPLES OF HENRI FAYOL…!!!

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MANAGEMENT : What Is That???

Management Is A Process Of Getting Things Done By Others With The Aim Of Achieving Goals Effectively And Efficiently…

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About HENRI FAYOL• Henri Fayol was born in Istanbul in 1841.• When he was 19, he began working as an engineer at a large mining company in France. He eventually became the director, at a time when the mining comp- any employed more than 1,000 people.

• Through the years, Fayol began to develop what he considered to be the 14 most important principles of management. Essentially, these explained how managers should organize and interact with staff.

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1) Division Of Work

When employees are specialized, output can increase because they become increasingly skilled and efficient.

2) Authority And Responsibility Managers must have the authority to give orders, but they must also keep in mind that with authority comes responsibility.

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3) Discipline Discipline must be upheld in

organizations, but methods for doing so can vary.

4) Unity Of Command

Employees should have only one direct supervisor.

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5) Unity Of Direction

Teams with the same objective should be working under the direction of one manager, using one plan. This will ensure that action is properly coordinated.

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6) Subordination Of Individual Interests To

General Interests

The interests of one employee should not be allowed to become more

important than those of the group. This includes

managers.

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7) Remuneration Employee satisfaction depends on

fair remuneration for everyone. This includes financial and non-financial compensation.

8) Centralisation And Decentralisation

This principle refers to how close employees are to the decision-making process. It is important to aim for an appropriate balance.

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9) Initiative

Employees should be given the necessary level of freedom to create and carry out plans.

10) Order

The workplace facilities must be clean, tidy and safe for employees. Everything should have its place.

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11) Equity Managers should be fair to staff at

all times, both maintaining discipline as necessary and acting with kindness where appropriate.

12) Scalar Chain Employees should be aware of where

they stand in the organization's hierarchy, or chain of command.

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13) Stability Of Tenure Personnel

Managers should strive to minimize employee turnover. Personnel planning should be a priority.

14) Espirit De Corps

Organizations should strive to promote team spirit and unity.

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Fayol's Five Functions of Management

• Fayol's five primary functions of management, which go hand in hand with the Principles, are as follows:

• Planning.• Organizing.

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• Commonding• Coordinating• Co-ordinating

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1.Planning: Planning is looking ahead. Requires an active participation of the entire organization. Time and implementation Take the organization’s available resources and flexibility of

personnel into consideration.2.Organizing: An organization can only function well if it is well-

organized. Structure with a good division of functions and tasks is of

crucial importance. Number of functions increase, organization expands both

horizontally and vertically.

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3. Commanding: Given orders and clear working instructions, Return from all employees will be optimized Successful managers have integrity, communicate clearly and

base their decisions on regular audits. Capable of motivating a team and encouraging employees to

take initiative.4. Coordinating: Aims at stimulating motivation and discipline within the group

dynamics. Requires clear communication and good leadership. Only through positive employee behavior management can the

intended objectives be achieved.

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5. Controlling:

By verifying whether everything is going according to plan.

Control takes place in a four-step process:

i. Establish performance standards based on organizational objectivesii. Measure and report on actual performanceiii. Compare results with performance and standardsiv. Take corrective or preventive measures as needed

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