5 Principles of Management by Henri Fayol Video
Classical Management Theory 5 Principles of Management by Henri Fayol.Management principles is a moral rule or belief that helped influence the actions of both the employees and the employers in management hierarchy. Fsyol see authority as a combination of official factors deriving from the managers position and personal factors compounded of intelligence,experience, moral worth and past service. Discipline: Seeing discipline as respect for agreement which are directed at achieving obedience.
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Application or discipline requires good superiors at all level. Unity of direction: According to the principle,each group of activities with the same objective must have one head and one plan. Remuneration: Remuneration and methods of payment should be fair and afford the maximum possible satisfaction to employers and employees.
Subordination of individual to general interest: This Princciples self explanatory; when the two are found to differ management must reconcile them. Enjoyed this article? Stay informed by joining our newsletter! I am a Nigerian, light brown or fair in complexion.
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