Fayol's 14 Principles Of Management
9. Stability of Tenure of Personnel - Managers should strive to minimize employee turnover. Personnel planning should be a priority.
10. Esprit de Corps - Organizations should strive to promote team spirit and unity.
11. Discipline - Discipline must be upheld in organizations.
12. Authority - Managers must have the authority to give orders, but they must also keep in mind that with authority comes responsibility.
13. Order - The workplace facilities must be clean, tidy and safe for employees. Everything should have its place.
14. Unity of Direction - Teams with the same objective should be working under the direction of one manager, using one plan. This will ensure that action is properly coordinated.
1. Remuneration - Employee satisfaction depends on fair remuneration for everyone. This includes financial and non-financial compensation.
2. Equity - Managers should be fair to staff at all times, both maintaining discipline as necessary and acting with kindness where appropriate.
3. Division of Work - When employees are specialized, output can increase because they become increasingly skilled and efficient.
4. Initiative - Employees should be given the necessary level of freedom to create and carry out plans.
5. Subordination of Individual Interests to the General Interest - The interests of one employee should not be allowed to become more important than those of the group. This includes managers.
6. Centralization - This principle refers to how close employees are to the decision-making process. It is important to aim for an appropriate balance.
7. Unity of Command - Employees should have only one direct supervisor.
8. Scalar Chain - Employees should be aware of where they stand in the organization's hierarchy, or chain of command.
Fayol's 14 Principles Of Management To try help you remember the 14 principles, we could use this mnemonic; (Note: this is only the initial letter of each principle): "RE-DISCUSSED A.O.U"
During the exam (if you ever need it) you could even remember it by this little rhyme: Fayol's 14, don't have a clue? Just remember "Re-discussed A.O.U"
