Henri Fayol principles of Management | 14 Management principles

Henri Fayol principles of Management | 14 principles of Management

Here are Henri Fayol principles of Management and administration, which are explained here in simple points and easiest way.

Fayol’s Fourteen Principles of Administration are summarized as under:-

1. Division of work

2. Responsibility with authority

3. Discipline

4. Unity of command

5. Unity of direction

6. Subordination of individual

7. Fair Remuneration

8. Optimum centralization

9. Scalar-chain communication

10. Order

11. Equity

12. Stability of tenure of personnel

13. Initiative

14. Esprit de corps

    HENRI FAYOL a short introduction

    Born on 29th July, 1841 at Istanbul, Turkey

    Passed on 19th November, 1925, at Paris, France

    Fayol started his career at 19 as a mining Engineer. He developed a general theory of Business administration using a top-down (Macro to micro) approach.

    Fayol identified six Functions of management:

    Forecasting,

    Planning,

    Organizing,

    Commanding,

    Coordinating,

    and Monitoring.

    As France tried to catch-up with Germany, Fayol focused on centralization and discipline with social reform. As a businessman-turned-writer, he was an early advocate of the Human Relations movement.

    Fayol’s influence has transcended time, into systems and contingency theories that continue to emerge over the years. Fayol believed management theories could be developed and then taught; he was an avid educator of management. 

    He stated: “Everyone needs some concepts of management; in the home, in affairs of state, the need for managerial ability is in keeping with importance of the undertaking, and for individual people the need is everywhere in greater accordance with the position occupied.”