Chapter-2 Principles Of Management

CHAPTER-2

PRINCIPLES OF MANAGEMENT

FAYOL’S PRINCIPLES OF MANAGEMENT

DAD U C USSR? O I SEE

1. Division Of Work

2. Authority And Responsibility

3.Discipline

4. Unity Of Command

5. Centralisation And Decentralisation

6. Unity Of Direction

7. Subordination Of Individual Interest To         General Interest

8. Scalar Chain

9. Remuneration Of Employees

10. Order

11. Initiative

12. Stabilityof Tenure Of Personnel

13. Equity

14. Espirit De Corpsee


PRINCIPLES OF SCIENTIFIC MANAGEMENT

SCIENCE leads to DEVELOPMENT by HARMONY and COOPERATION.

1.Science, not rule of Thumb
2.Development of each person to his or her        greatest Effeciency
3.Harmony not Discord
4.Cooperation, not individualism


TAYLOR’S TECHNQUES OF SCIENTIFIC MANAGEMENT

My Sweet Simple Mother and Father Taught Taylor’s Different Functions

1.Motion Study
2.Standardization and            Simplification
3.Method Study
4.Fatigue Study
5.Time Study
6.Differential Piece Wage        System
7.Functional foremanship