MANAGEMENT PRACTICE using hery fayols priciples in an organization
Management Practice In business, it is very important that the venture would be based on certain management principle to be able to achieve the desired success that the venture wanted to attain. Management principles are guidelines which could serves as a reliable source or guidelines in founding a venture and could help a lot in making decisions for the company. These management principles serve as a general application in which every company considers the basic principles of management in making decisions regarding their company. ... Management principles helps the business to obtain and reach a more profitable status since these principles are dynamic in which it is used in different situations or undertakings that the company is presently facing. The importance of using management principles is immeasurable since it helps the company in entering and establishing its name in the business industry. Since management principles are scientifically based approaches, it provides the business or a venture to develop more accurate alternatives in decision making when problems arise. ... Management principles guide the company when facing a complex situation. Since management principles, ground its approach in the collaboration of efforts by the workers in a certain organization, solving a complex obstacles in the organization would be a lot easier than facing it without guidelines or basis. In this paper, Henry Fayol’s 14 Principles will be given enough focus as to its effectiveness, impact, validity in the company and its relevance as a management principle. ... First of this principle is the division of work; it aims to create specialization of responsibilities with each worker in the organization in order to established focus on the assigned task and fulfill the job effectively. ... Discipline between employees and the management should be visibly witnessed in the company. Management or the leaders should be the role model in promoting discipline in a business venture in order for the rest of the organization embodies discipline in theirselves. ... Unity of Command is another principle in which Fayol’s beliefs that in order to create a confusion-free management, there should only be one boss or superior in the company in giving command in order for subordinates not to undergo a confusions on whether whose command should be followed. ... With this, goals would be clear and the organization would be able to perform the assigned task in one direction since there is unison of action. Establishing the goal of the organization the employees belonged to would give him/her a vivid overview on what would be the target objective of the specific group he/she belongs.