PRINCIPLES OF MANAGEMENT

PREPARED BY M D Mfune Principal Lecturer and Consultant STAFF DEVELOPMENT INSTITUTE PRIVATE BAG 1 MPEMBA

OVERVIEW
Meaning of Principles of

Management Importance of Principles of Management Management as an Art and Science Scope of Principles of Management

LEARNING OBJECTIVES
Define Principles Define Management Explain the importance of

Principles of Management Discuss the scope of Management

INTRODUCTION
Management is both an art and

science Principles of management attempts to introduce rationally and hence science in management Principles of management are of universal application Principles of management are of different versions Principles of management assist

MEANING OF PRINCIPLES OF MANAGEMENT

Principles Set of guidelines that assist

managers to diagnose problems and make appropriate decisions Management A team of managers They are located at three organizational levels The process of deciding what

IMPORTANCE OF PRINCIPLES OF MANAGEMENT

Rationality Objectivity Guidelines in problem-

solving/decision-making Efficiency and effectiveness

MANAGEMENT ACCORDING TO HENRI FAYOL

1. Division of work Reduces span of attention for an officer or group of officers Develops practice and familiarity Improves efficiency and effectiveness Demerits?

2. Authority The right to give orders Should not be considered without reference to responsibility Types of Authority? Difference with Power

3. Discipline Outward marks of respect in accordance with formal or informal agreements between organization and employees 4 Rs Nobody above discipline

4. Unity of command One employee one superior Merits and demerits? 5. Unity of Direction One head and one plan for a group of activities with the same objective Merits?

6. Subordination of individual interests to the general interests The interest of one individual or one group should not prevail over the general good Merits and demerits 7. Remuneration Pay should be fair to both employee and

8. Centralisation No complete centralisation or decentralisation Is always present to a greater or less extent, depending on the size of the organisation and quality of its employees. Merits and demerits of centralisation and decentralisation respectively?

9. Scalar chain The line of authority from top to bottom of the organisation Chain of command Hierarchy of authority Merits and demerits?

10. Order Social and physical order A place for everything and everything in its place The right person in the right place Avoids chaos and anarchy at workplace Improves customer service delivery

11. Equity A combination of kindness and justice towards employees Avoid discrimination Give credit where credit is due Manage workplace diversity effectively.

12. Stability of Tenure of Personnel Avoid hire and fire regime Employees should be given time to settle into their jobs and learn their jobs 13. Initiative Within the limits of authority and discipline all levels of staff should be encouraged to show initiative

14. Esprit de corps Harmony is a great strength to an organisation Teamwork should be encouraged Merits and demerits?

QUESTION
Discuss the degree to which these

management principles are applicable to your organisation. The End Thanks for your attention