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13-11-2017, 08:53 PM

hi , want to ask what are the management principles were followed in Vishal Mega mart.

jaseela123d · 17-11-2017, 10:32 AM

14 principles of management are statements that are based on a fundamental truth. These management principles serve as a guide for decision-making and management actions. They are elaborated through observations and analysis of events that managers find in practice. Henri Fayol was able to synthesize 14 management principles after years of study, namely:

The principles of Fayol are listed below:

1. Division of labour

When employees are specialized, production can increase because they become more and more skilled and efficient.

2. Authority

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

3. Discipline

Discipline must be maintained in organizations, but methods for doing so may vary.

4. Control unit

Employees must have only one direct supervisor.

5. Management Unit

Teams with the same objective must work under the direction of a manager, using a plan. This will ensure that the action is properly coordinated.

6. Subordination of individual interests to the general interest

The interests of an employee should not be allowed to be more important than those of the group. This includes managers.

7. Remuneration

Employee satisfaction depends on fair remuneration for all. This includes financial and non-financial compensation.

8. Centralization

This principle refers to the closeness of employees to the decision-making process. It is important to seek a proper balance.

9. Scalar Chain

Employees should be aware of where they are in the hierarchy of the organization, or chain of command.

10. Order

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

11. Equity

Managers must be fair to staff at all times, maintaining discipline as necessary and acting kindly when appropriate.

12. Stability of staff tenure

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

13. Initiative

Employees must have the necessary level of freedom to create and carry out plans.

14. Esprit de Corps

Organizations should strive transatlantic tunnel case study promote team spirit and unity.

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