HENRY FAYOL MANAGEMENT 14 PRINCIPLES

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Topics: Management
1. Henri Fayol’s 14 Principles OfManagementPrepared by:HARVINDER SINGHMBA SEM-ITHE BUSINESSSCHOOL,JAMMU UNIVERSITY
2. Fayols 14 Principles of Management :- Henri Fayol, a French industrialist, is now recognizedas the Father of Modern Management. In year 1916Fayol wrote a book entitled "Industrial and GeneralAdministration". In this book, he gave the 14 Principlesof Management. These 14 principles of managementare universally accepted and used even today.According to Henri Fayol, all managers must followthese 14 principles.Introduction
3. It also helps the individual in acquiring speed,accuracy in his performance. Subdivision of work makes it simpler andresults in efficiency. Work should be divided among individuals andgroups to ensure that effort and attention arefocused on special portions of the task. Fayolpresented work specialization as the best way touse the human resources of the organization.1. Division Of Work
4. 2. Authority & Authority without responsibility leads toirresponsible behavior whereas responsibilitywithout authority makes the person ineffective. There should be a balance between the two i.e. theymust go hand in hand. The concepts of Authority and responsibility areclosely related. Authority was defined by Fayol as theright to give orders and the power to exact obedience.Responsibility involves being accountable, and istherefore naturally associated with authority. Whoeverassumes authority also assumes responsibility.Responsibility
5. According to Fayol, “Discipline means sincerity,obedience, respect of authority3. Discipline & Discipline is not only required on path of subordinatesbut also on the part of management. This principle applies that subordinate should respecttheir superiors and obey their order.observance of rulesand regulations of the enterprise”.
6. - It undermines authority- Weakens discipline- Creates confusion- Delays the work- Escaping responsibilities- Duplication of work- Overlapping of efforts In other

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