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Fayol's 14 Management Principles

Fayol outlined 14 principles of management that provide guidance for effective management. The principles include division of labor, authority, discipline, unity of command, unity of direction, subordination of individual interests, remuneration, centralization, hierarchy, order, equity, stability of staff, initiative, and esprit de corps.

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0% found this document useful (0 votes)

120 views1 page

Fayol's 14 Management Principles

Fayol outlined 14 principles of management that provide guidance for effective management. The principles include division of labor, authority, discipline, unity of command, unity of direction, subordination of individual interests, remuneration, centralization, hierarchy, order, equity, stability of staff, initiative, and esprit de corps.

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© © All Rights Reserved

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FAYOLS 14 PRINCIPLE

OF MGT
1.Division of labour
2.Authority
3.Discipline
4.Unity Of Command
5.Unity Of Direction
6.Subordination Of Individual Interest
7.Remuneration
8.Centralization
9.Hierarchy
10. Order
11. Equity
12. Stability Of Staf
13. Initiative
14. Esprit De Corps

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