PRINCIPLES OF MANAGEMENT
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
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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.