Hendry Fayol by Team 5 Flashcards
HENDRY FAYOL F.W TAYLOR ELTON MAYO
This specialisation alone can give maximum productivity and efficiency
Division of work
Instructions and orders from only one superior
Unity of command
These are the two sides management coin they exist together
Authority and Responsibility
Fair pay with non financial rewards.
Remuneration
It is otherwise known as principle of co operation.
Emphasis on subordination of personal interest or common interest
Unity of command bring about a chain or hierarchy of command
Scalar Chain
All members of the organisation must work together to accomplish common objective
Unity of Direction
Fayol suggest that there must be a place for everything
Order
Authority and power
Centralization
A group will be involved in joint effort
Equity
It is foundation of sound organization,union is strength
Espirit of corporation
Fayol suggest that there must be a place for everything
Order
Creative thinking and sound marginal planning
Intiative
People need time to adjust himself with the new work and demonstrate in due course
Stability of tenure
People need time to adjust himself with the new work and demonstrate in due course
Stability of tenure