ORGANIZATION AND MANAGEMENT

14 Principles of Management

There are 14 Principles of Management by Henri Fayol 

1. Division of Work
- employees are specialized in different areas and they have different skills.

2. Authority and Responsibility
- in order to get things done in an organization, management has the authority to give orders to the employees.

3. Discipline - often part of the core values of a mission and vision in the form of good conduct and respectful interactions.

4. Unity of Command
- means that an individual employee should receive orders from one manager and that the employee is answerable to that manager. 

5. Unity of Direction
- all activities must be carried out by one group that forms a team, these activities must be described on a plan of action.

6. Subordination of Individual Interest
- primary focus is on the organizational objectives and not on those of the individual.

7. Remuneration
- should be sufficient to keep employees motivated and productive. 

8. Centralization
- implies the concentration of decision making authority at the top management.

9. Scalar Chain
- there should be a clear line in the area of authority

10. Order
- employees must have the right resources at their disposal so that they can function properly in an organization.

11. Equity
- managers should treat employees fairly and impartially.

12. Stability of Tenure of Personnel
- management strives to minimize employee turnover and to have the right staff in the right place. 

13. Initiative
- encourages interest and involvement and creates added value for the company.

14. Esprit de Corps
- stands for striving for the involvement and unity of the employee.