principles pf management

• Division of work: allows specialization.
• Authority: right to command balanced with responsibility and accountability
• Discipline: employees will only obey orders if management play their part by providing good leadership.
• Unity of command: there should only be one boss with no conflicting lines of command.
• Unity of direction; people engaged in the same kind of activities must have the same objectives in a single plan.
• Subordination of individual interest to general interest: the goals of the firms are always paramount.
• Remuneration: payment is an important motivator.
• Centralization or Decentralization: depends on the condition of business and the quality of its personnel
• Scalar chain/line of authority: refers to the number of levels in the hierarchy.
• Order: both material order (minimizes lost time & useless handling of materials) and social order (organization and selection) are necessary.
• Equity: employees should be treated well to achieve equity.
• Stability of tenure of personnel: job security and career progress are important for employees to work better.
• Initiative: allow personnel to show their initiative, it may be a source of strength for the organization.
• Esprit de corps: management should foster the morale of employees.