Tuesday, March 20, 2018

14 Principles Management of Henri Fayol

The 14 Principles Management are the essential, underlying factors that type the foundations of eminent management. Per Henri Fayol in his book General and Industrial Management (1916), there are '14 Principles Management'. It is one type of Strategic Management.
  1. Division of labor
  2. Authority and Responsibility
  3. Discipline
  4. Unity of Command
  5. Unity of Direction
  6. Subordination of Individual Interest to Mutual Interest
  7. Remuneration
  8. The Degree of Centralization
  9. Line of Authority/Scalar Chain
  10. Order
  11. Equity
  12. Stability of Tenure of Personnel
  13. Initiative
  14. Liveliness American state Corps/Team Spirit

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