Henry Fayol's 14 Principles of Management
Summary
TLDRIn this informative video, Sue B introduces Henri Fayol's 14 principles of management, which are fundamental for effective organizational leadership. The principles, ranging from division of work to esprit de corps, emphasize specialization, balanced authority and responsibility, discipline, and teamwork. The lecture highlights the importance of fair remuneration, proper communication channels, and employee motivation to foster a cohesive and productive work environment.
Takeaways
- đ Management Principles: The script introduces 14 principles of management by Henri Fayol, which are universally applicable rules for guiding managerial behavior and decision-making.
- đš Division of Work: Assigning tasks to specialists improves efficiency, productivity, and reduces wastage through specialization.
- đą Authority and Responsibility: A balance must be maintained between the right to command and the obligation to perform duties on time.
- đĄïž Discipline: Proper discipline within an organization ensures employees follow rules and comply with employment agreements.
- đŁïž Unity of Command: Each employee should have one boss to avoid confusion and delays in decision-making.
- đ Unity of Direction: All organizational efforts should be directed towards achieving the organization's goals.
- đ€ Subordination of Individual Interest: Prioritizing the collective good over personal interests ensures decisions benefit the organization.
- đ° Remuneration: Fair and equitable wages increase employee satisfaction and productivity.
- đ Centralization and Decentralization: A balance between top-level authority retention and delegation of authority at all levels is essential.
- đ Scalar Chain: A clear chain of authority and communication from top to bottom reduces chaos and delays.
- đ Ordo: Everything and everyone should be in their designated place at the right time to improve efficiency.
- đ„ Equity: Fair and unbiased treatment by managers fosters a friendly work environment and increases loyalty.
- đ Stability of Personnel: Rigorous recruitment and maintaining employee stability reduces turnover and increases long-term effectiveness.
- đĄ Initiative: Encouraging employee ideas and suggestions supports creativity and makes them feel valued.
- đ€ Esprit de Corps: Promoting teamwork and harmony develops trust and unity within the organization.
Q & A
What are the 14 principles of management according to Henri Fayol?
-The 14 principles of management by Henri Fayol include division of work, authority and responsibility, discipline, unity of command, unity of direction, subordination of individual interest to general interest, remuneration, centralization and decentralization, scalar chain, order, equity, stability of tenure, initiative, and esprit de corps.
What is the significance of the division of work principle?
-The division of work principle emphasizes assigning tasks to employees who can perform them best, leading to specialization, improved efficiency, productivity, and reduced wastage.
How does the principle of authority and responsibility relate to each other?
-Authority refers to the right to give commands and receive obedience, while responsibility is the obligation to perform duties on time. The principle emphasizes maintaining a balance between these two, as they go hand in hand.
What does the principle of discipline entail in an organization?
-The principle of discipline requires that there must be proper discipline in an organization, with every employee following the rules and complying with the terms of the employment agreement.
Can you explain the unity of command principle?
-The unity of command principle states that there should be only one boss to an employee who gives orders and instructions, and the employee reports to him only, which reduces conflicts and delays in decision-making.
What is the importance of unity of direction in an organization?
-Unity of direction ensures that every effort of the organization as a whole is in the same direction, towards the accomplishment of the organization's goals.
How does the principle of subordination of individual interest to general interest work?
-This principle prioritizes the organization's collective good and interest over individual interests, meaning all decisions are taken with the organization's benefit in mind.
What does the principle of remuneration involve?
-The principle of remuneration involves providing employees with a fair and equitable salary, meaning they should receive what they deserve and what is competitive within the industry for similar positions.
What is the difference between centralization and decentralization in Fayol's principles?
-Centralization refers to the top-level management retaining all authority, while decentralization involves the delegation of authority at all levels of management. The principle emphasizes finding a balance between the two.
Why is the scalar chain important in an organization?
-The scalar chain is important because it establishes a chain of authority and communication that flows from the top level to the lowest level, ensuring that subordinates report to their immediate bosses, reducing chaos and delays in operations.
What does the principle of order mean in the context of management?
-The principle of order implies that there must be a proper place for everything or everyone, and everything or everyone should be in its intended place at the right time, which improves efficiency and avoids hindrances in operations.
How does the principle of equity contribute to the workplace environment?
-Equity implies kindness, fairness, and justice in the behavior of managers towards workers, creating a friendly environment and increasing loyalty and devotion among employees.
What is the significance of the stability of personnel principle?
-The stability of personnel principle suggests that employees should be selected through a rigorous recruitment process and, once appointed, the organization should maintain their stability and continuity, reducing turnover and increasing long-term effectiveness and efficiency.
What does the principle of initiative encourage in employees?
-The principle of initiative encourages managers to motivate employees to give their ideas and suggestions to the organization, supporting their creativity and developing a sense of value for their views.
Can you define 'esprit de corps' and its role in an organization?
-Esprit de corps, a French term, means team spirit. Managers should promote teamwork and harmony to maintain coordination and cooperation among employees, fostering an atmosphere of trust and unity.
Outlines
đ Principles of Management by Henri Fayol
This paragraph introduces the video lecture by Sue B on the 14 principles of management as outlined by Henri Fayol. The principles are described as universally applicable rules guiding managerial behavior and decision-making. The video also acknowledges Frederick Winslow Taylor's contribution to operational management principles. The first few principles discussed include division of work for specialization, authority and responsibility for maintaining command and obedience, discipline for adherence to organizational rules, unity of command to reduce decision-making delays, unity of direction for collective efforts towards organizational goals, subordination of individual interests to general interests, and remuneration to ensure fair and competitive wages, thereby increasing employee satisfaction and productivity.
đ Organizational Dynamics and Employee Engagement
The second paragraph delves into the remaining principles of management. It covers centralization and decentralization, emphasizing the need for a balanced approach to authority distribution within an organization. The scalar chain principle is introduced, highlighting the importance of a clear authority and communication hierarchy. The principle of 'ordo' or order is discussed, stressing the need for everything and everyone to be in their proper place at the right time to avoid operational hindrances. Equity is presented as a principle that promotes fairness and justice in managerial behavior, fostering a friendly work environment and increasing loyalty. Stability of personnel is highlighted as crucial for reducing turnover and increasing long-term effectiveness. Initiative is encouraged to support employee creativity and involvement. Lastly, 'esprit de corps' or team spirit is emphasized as essential for maintaining coordination, cooperation, and trust within the organization. The paragraph concludes with a call to action for viewers to like, share, and subscribe for more educational content.
Mindmap
Keywords
đĄManagement Principles
đĄDivision of Work
đĄAuthority and Responsibility
đĄDiscipline
đĄUnity of Command
đĄUnity of Direction
đĄSubordination of Individual Interest
đĄRemuneration
đĄCentralization and Decentralization
đĄScalar Chain
đĄEquity
đĄStability of Personnel
đĄInitiative
đĄEsprit de Corps
Highlights
Introduction to Henri Fayol's 14 principles of management.
Definition of management principles as universally applicable rules guiding manager behavior and decision-making.
Comparison between Frederick Winslow Taylor's scientific management and Fayol's general administrative principles.
Division of Work: Assigning tasks to employees based on their abilities to increase efficiency and reduce wastage.
Authority and Responsibility: Balancing the right to give orders with the obligation to perform duties.
Discipline: Importance of maintaining proper discipline and following organizational rules.
Unity of Command: Each employee should have one direct supervisor to avoid confusion and delays.
Unity of Direction: Organizational efforts should align towards the same goals.
Subordination of Individual Interest: Prioritizing the organization's collective good over individual interests.
Remuneration: Fair and equitable wages to enhance employee satisfaction and productivity.
Centralization and Decentralization: Finding a balance between centralized control and delegated authority.
Scalar Chain: Establishing a clear chain of command and communication within the organization.
Order: Ensuring everything and everyone is in their proper place to improve efficiency.
Equity: Promoting kindness and justice in managerial behavior to foster a friendly work environment.
Stability of Personnel: Selecting employees rigorously and maintaining stability to reduce turnover.
Initiative: Encouraging employee creativity and suggestions to foster engagement.
Esprit de Corps: Promoting teamwork and harmony to build trust and unity in the organization.
Conclusion: Summary and encouragement to like, share, and subscribe to the channel.
Transcripts
hey guys I'm sue B and once again
welcome to my channel key references in
this video lecture I am going to talk
about 14 principles of management given
by henri fayol so friends let's get
started
[Music]
now first of all we'll understand the
meaning of management principles
management principles are the
universally applicable rules or
recommendation that guides the behavior
or decision-making of a manager
basically there are two experts who have
developed the principles of management
first is Frederick Winslow Taylor who
coined the concept of scientific
management the principles laid down by
FW Taylor are meant for operational or
supervisory management the second one is
henri fayol who have given 14 principles
of management which are applicable for
general administration now we are going
to discuss the 14 principles of
management the first one is division of
work as per this principle the work
should be assigned to the employee or
worker who can do it in the best manner
this leads to specialization we are
emphasized on dividing the work into
smaller tasks and each task is to be
carried out by a specialist which
improves efficiency and productivity of
worker and also reduces the overall
wastage the next principle is Authority
and responsibility now you need to
understand the meaning of Authority and
responsibility to understand this
principle authority refers to the right
to give command and receive obedience
from the subordinates on the other hand
responsibility is the obligation to
perform the duties on time this means
when a person is accountable for the
duties assigned to him it means he is
responsible for it they all emphasised
on maintaining a proper balance between
these two as they go hand in hand
now the next principle is discipline
according to this principle there must
be a proper discipline in an
organization and every employee must
follow the rules of the organization and
comply with the terms of employment
agreement unity of command the principle
states that there is only one boss to an
employee who gives them orders and
instructions and the employee reports to
him only this reduce kills and delays in
decision-making a next principle is
unity of Direction the principle says
that every effort of the organization as
a whole must be in the same direction
that is towards the accomplishment of
organization's goals next one is
subordination of individual interest to
general interest meaning that the first
and foremost priority is given to
organizations collective good and
interest this means all the decisions
are taken
keeping the organization's benefit in
mind the next principle is remuneration
to employees according to this principle
employees are to be given a fair and
equitable salary here the term fair
means the employee should get a salary
what he deserves
and equitable wages means competitive
wages that is what other organizations
of the same industry are paying for the
similar post a fair and equitable wage
to employ increases their satisfaction
and productivity the next one is
centralization and decentralization
there must be a proper balance between
centralization and decentralization
according to fail now where you need to
know what does the term centralization
and decentralization means
centralization refers to a system we are
top level management to retains all the
authority on the other hand
decentralization system is one in which
there is delegation of authority at all
the levels of management so they all
emphasize that an organization should be
partly centralized and partly
decentralized now we have a scalar chain
there must be a chain of authority and
communication in an organization that
flows from the top level to the lowest
level this means that subordinate
reports to their immediate bosses that
supervisors who then report to their
managers it helps in giving orders and
requesting something and also reduces
chaos and delays in operations
the next principle is ordo there must be
a proper place for everything or
everyone and everything or everyone in
its intended place this means that men
and materiel must be at their designated
place at the right time this avoid
hindrances in operation and also
improves efficiency of the employees
equity equity implies kind leanness and
justice in the behavior of managers
towards worker this creates a friendly
environment between the superior and
subordinates at the workplace and also
helps in increasing loyalty and devotion
a good sense and experience is required
to ensure fairness to all employees that
is all the employees should be given
fair and unbiased treatment the next
principle is stability of personnel
employees should be selected through a
rigorous procedure of recruitment and
once they are appointed against a
vacancy or post the organisation should
try to maintain their stability and
continuity that is they should be given
a proper time to show the results this
will reduce employee turnover and also
increase their effectiveness and
efficiency in the long run the 13th
principle is initiative managers should
motivate the employees to give their
ideas and suggestions to the
organization to support their creativity
this will develop a sense in them that
their views are valued in the
organization and also increase their
interest in the work a spirit d-cups
esprit de cops is a French word which
means team spirit manager should promote
teamwork and harmony to maintain
coordination and cooperation among the
employees this will help in developing
an atmosphere of trust and unity in the
organization well friends this brings me
to the end of this lesson I hope you
find the lesson very useful so guys
please like this video share it with
your friends and if you have any queries
and feedback for me please comment below
and friends do subscribe our channel for
more updates I will be back soon with a
new lesson till then take
bye-bye
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