14 principles of management—fundamental rules of management

Principles Of Management

Division of Work: 

Specialization increases output by making employees more efficient.

Authority: 

Managers must be able to give orders, and authority gives them this right. 

Discipline:

  Employees must obey and respect the rules that govern the organization. 

Unity of command:

  Every employee should receive orders from only one superior. 

Unity of direction: 

The organization should have a single plan of action to guide managers and 

workers.

Subordination of individual interests to the general interest:

The interests of any one employee or group of employees should not take precedence over the interests of the organization as a whole. 

Remuneration:

  Workers must be paid a fair wage for their services.

Centralization: 

 This term refers to the degree to which subordinates are involved in decision-making.

Scalar chain: 

 The line of authority from top management to the lowest ranks is the scalar chain.

Order: 

People and materials should be in the right place at the right time. 

Equity: 

 Managers should be kind and fair to their subordinates. 

Stability of tenure of personnel:

Management should provide orderly personnel planning and ensure that replacements are available to fill vacancies.

Initiative:

 Employees who are allowed to originate and carry out plans will exert high levels of effort.

Esprit de corps:

Promoting team spirit will build harmony and unity within the organization.