PRINCIPLES OF MANAGEMENT

WHAT IS MANAGEMENT PRINCIPLE ?

The statement of fundamental truth which act as guideline for taking managerial decision.

DEEP

OBSERVATIO

N

REPEATED

EXPERIMENT

S

MANAGEMENT

PRINCIPLES

HENRY FAYOL ( 29 July 1841 - 19 Nov. 1925 )He is also known as the“Father of Management Studies and Thoughts.”He developed 14 principle of management that act as a guideline for managers to take managerial decision.

DIVISION OF WORK AUTHORITY AND RESPONSIBILITY

UNITY OF COMMAND

DISCIPLINE

INTEREST

UNITY OF DIRECTION

SCALAR CHAIN

EQUITY

STABILTY OF TENURE

CENTRALIZATION

ORDER

INITIATIVE

ESPRIT DE CORP

REMUNERATION

PRINCIPLES OFMANAGEMENT

DIVISION OF WORK

IT MEANS THAT INSTEAD OF ASSIGNING THE WHOLE WORK TO ONE PERSON , THE WORK MUST DE DIVIDED INTO SMALL UNIT AND ACCORDINGLY THE WORK MUST BE GIVEN TO INDIVIDUAL ACCORDING TO HIS CAPABILITY, QUALIFICATION AND EXPERIENCE.

Assigning the work according to their Capability, Qualification and Experience.

BOSS

EMPLOYEES

What if

BOSS EMPLOYEE

EMPLOYEE

UNITY OF COMMAND

AN EMPLOYEE SHOULD RECEIVE ORDERS FORM ONLY ONE BOSS, IF HE IS GETTING ORDERS FROM MORE THAN ONE BOSS THEN HE WILL BE CONFUSED AND WILL NOT BE ABLE TO UNDERSTAND WHOSE ORDER MUST BE EXECUTED FIRST.

BOSS

EMPLOYEES

MANAGERS

What if

BOSS BOSSBOSSBOSS

Confusion hee confusion hai, Solution kuch pata nhee…

FREDERICK TAYLOR ( 20 March 1856 - 21 March 1915 )He is also known as the

“Father of scientific management.”He developed the principle of scientific management and scientific technique.

WHAT IS PRINCIPLE OF SCIENTIFIC MANAGENET ?

IT MENAS THAT KNOWING EXACTLY WHAT YOU WANT YOUR MEN TO DO AND SEEING THAT THEY DO IT IN A BEST WAY.

Science not a rule of thumb

Harmony, not

discord

Development of

workers

Taylor’s 4 principle of scientific management

Development of workers to their fuller efficiency

TAYLOR INSISTED THAT THERE SHOULD BE TAKEN DUE CARE WHILE SECLECTING THE EMPLOYEES.EMPLOYEES SHOULD BE SENT FOR THE TRAINING FROM TIME TO TIME TO UPDATE THERE KNOWLEDGE BECAUSE INDUSTRIAL EFFICIENCY DEPENDS UPON THE EFFICIENCY OF THE WORKERS.

What if

SCIENTIFIC TECNIQUE

FUNCTIONAL FOREMANSHIP

TIME STUDY

MENTAL REVOLUTION

METHOD STUDY

MOTION STUDY

STANDARDIZATION AND SIMPLIFICATION OF WORK

FATIGUE STUDY

DIFFERENTIAL PIECE WAGE SYSTEM

FUNCTIONAL FOREMANSHIP

ACCORDING TO THIS TECHNIQUE THE FACTORY SHOULD BE DIVIDED INTO TWO PARTS : 1) PRODUCTION DEPARTMENT 2) PLANNING DEPARTMENT

TAYLOR WANTS THAT THE WORKER SHOULD BE FREE FROM THE BURDEN OF PLANNING AND CONCENTRATE ON THE PRODUCTION AREA. . HE ALSO SUGGESTED THAT UNDER EACH DEPARTMENT THERE SHOULD BE SOMEONE TO GUIDE, SUPERVISE AND INSTRUCT THE WORKERS. THE MAIN OBJECIVE BEHIND THIS WAS TO DEVELOP SPECIALIZATION IN PRODUCTIVITY AND WORKERS.