Principles of Management by Henri Fayol

Questions and Answers

Who is considered the father of general management?

Henri Fayol

What is the first principle of management according to Henri Fayol?

Division of work

What does authority in management refer to?

The power or the right entrusted to make the work possible

How does responsibility relate to authority?

Responsibility is the duty assigned to a particular position Signup and view all the answers

Employees should receive orders from one ______ only.

superior Signup and view all the answers

What should take precedence: individual employee interest or the general interest of the organization?

General interest Signup and view all the answers

What is the basis of remuneration according to Fayol?

Equal pay for equal work Signup and view all the answers

What does centralization mean in management?

A system where major policies are made only by top management Signup and view all the answers

What is the significance of the scalar chain in management?

It is the chain of superior from the highest to the lowest rank Signup and view all the answers

What does Fayol say about stability of tenure?

Employees should be given enough time to prove their worth to the company Signup and view all the answers

What does 'Esprit de Corps' emphasize?

Teamwork and communication Signup and view all the answers

What is the span of control in management?

The specific and limited number of subordinates that a manager can effectively handle Signup and view all the answers

Study Notes

Principles of Management by Henri Fayol

Henri Fayol, known as the father of general management, established foundational principles of management.
His framework consists of 14 principles, guiding effective organizational management.

Key Principles

Division of Work:
- Specialization of tasks enhances efficiency and effectiveness.
- Applicable to both managerial and technical roles, exemplified by assembly line processes in manufacturing.
Authority and Responsibility:
- Authority: Power delegated to manage tasks.
- Responsibility: Duty assigned to specific roles.
- Both concepts are intertwined; managers must oversee task completion while ensuring accountability.
Unit of Command:
- Employees should report to a single superior to avoid confusion and conflicting instructions.
Subordination of Individual Interest to General Interest:
- The organization’s needs take precedence over individual employee preferences.
- Example: An employee must prioritize organizational deadlines over personal commitments.
Remuneration:
- Compensation should be equitable, ensuring satisfaction for both employees and employers.
- Types of remuneration include financial (salaries, bonuses) and non-financial (health insurance, paid leave).
Centralization:
- Decision-making authority is concentrated at the top levels of management.
- Centralized control helps maintain uniformity, commonly seen in fast-food chains like McDonald's.
Scalar Chain:
- Communication follows a hierarchical line from the highest authority to the lowest.
- Example of how information flows among employees showcases the importance of this chain in maintaining order.
Stability of Tenure:
- Job security promotes employee growth and efficiency.
- High turnover can indicate poor management and lead to costs for the organization.
Esprit de Corps:
- Emphasizes teamwork and strong communication to foster collaboration.
- The principle leads to increased organizational harmony and enhanced performance.
Span of Control:
- Refers to the number of subordinates a manager can effectively supervise.
- A limited number allows for better management and oversight.

Conclusion

Fayol's principles provide a comprehensive framework for organizing and managing efficiently within various business contexts.
Understanding and applying these principles can lead to improved organizational performance, employee satisfaction, and overall productivity.

Description

Explore the foundational principles of management established by Henri Fayol, the father of general management. This quiz covers his 14 principles, including division of work, authority and responsibility, and the importance of cohesive command within an organization.