henri fayol 14 principles of management pdf in hindi

The workplace should be clean and safe for all employees. The existence of a scalar chain is essential.

It is important for lower level managers to inform upper-level managers about their work activities. The first-line supervisor has the least authority. Each manager has a certain amount of authority. Managers in hierarchies belong to a chain like authority scale. Where they stand in the chain of command is critical. The degree of centralization or decentralization a firm should adopt depends on the specific organization.Įmployees should know their position in the organization’s hierarchy. Fayol defined this as “lowering the importance of the subordinate role.” Decentralization means to increase the importance. Managers should aim for a suitable balance. Some of the variables are:Ĭentralization refers to how involved employees are in the decision-making process. There are many variables which should be considered before deciding a worker’s rate of pay. Remuneration includes both financial and non-financial compensation. Even the manager’s interest comes after the group.įair remuneration should be given to everyone. The interests of any one employee should never be given more importance than the interest of the group.

Subordination of Individual Interests to the General Interest.

Henri fayol 14 principles of management pdf in hindi