CLASS-12th BUSINESS STUDIES

Slides:

Advertisements

Similar presentations

Management History Module

Advertisements

The Managerial Process

Classical Management Theory

Henri Fayol’s 14 Principles Of Management

Theories of Management

Kingdom of Saudi Arabia Ministry of Higher education King Abdul-Aziz University Faculty of Economics & Administration 10/5/2010HSA 171(BA) COURSE TITLE:

'' Management is the art and science of preparing, organizing and directing human efforts to control the forces and utilize the material of nature.

* * Chapter Eight Adapting Organizations to Today’s Markets McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.

IS 371 Week 3 Agenda: • Administrative things • Homework #1 due now

ORGANIZATION THEORY THE CLASSICAL APPROACH. Learning Objectives 1.Describe the main features of the Classical approach. 2.Discuss the differences and.

The Nature of Management

Organizing/Work Processes/Culture H Edu 4790/6790.

Communication in Organizations

TAYLOR’S SCIENTIFIC MANAGEMENT

Learn Management the Easy Way with the Help of Downloadable Power-point Presentations - Learn at Your Own Pace. The Presentation contains Animation. To.

MGT 200 Management Theory Required Reading: Chapter 2 of textbook

HSA 171 CAR. 1436/4/16  Theory: An Explanation of how or why something occurs.  Functions of a Theory: ◦ Describe ◦ Explain. ◦ Predict. ◦ Control.

Management Business Management

Henri Fayol ( ).

Classical Viewpoint Management Theories 2. Bureaucratic Management

Chapter 3 ORGANIZING By :Nasser A. Kadasah.

Major Contributor Of Management Thought 1neeraj singh.

Henry fyol Principles Of Management followed by pizza hut

Management: Arab World Edition Robbins, Coulter, Sidani, Jamali

HENRI FAYOL (1841 – 1925) .… 14 General Principles….

Principles of Management. Definitions of Management. ‘ Management is the art of getting things done through and with others in formally organised groups’

© Pearson Education Limited 2015HM-1 Chapter HM A Brief History of Management’s Roots.

Henry Fayol’s Principles of Management

Henri Fayol Administrative Management

BY Muhammad Suleman MS (HRM) MBA (HRM) MIT. CHAPTER # 1 BASICS OF Change Management ( THEORIES AND THOUGHTS)

© Prentice Hall, © Prentice Hall, ObjectivesObjectives 1.An understanding of the classical approach to management 2.An appreciation.

BUSI 321GOLDENCHAPTER 8 ORGANIZING  Grouping of activities necessary to attain common objectives and the assigning of each grouping to a manager.  Informal.

DEMO LESSON ON PRINCIPLES OF MANAGEMENT

MANAGING FOR BUSINESS SUCCESS CHAPTER 6. The Role of Management Managerial Functions.

Lecture I.. 1. Outline Basic terms: organization and its elements, management and its functions, leader and manager Attention is paid to the fact that.

Unit 1: Foundations in Management

Henri Fayol’s – 14 Principles of Management

©  Classical School  Behavioral School  Management Science School ©

PRINCIPLES OF MANAGEMENT

HISTORY – Adam Smith Division of Labor or Job Specialization Late 18 th Century Industrial Revolution 1900 – Development of Management Theories.

A. D. does not as many people belive stand for After Death. A. D

TYPES OF ORGANISATION.

THEORIES OF MANAGEMENT. SCIENTIFIC MANAGEMENT  Scientific management is a method in management theory that determines changes to improve labor productivity.

Classical- scientific theories. What is it?  Ideally aim establish business to achieve rational goals such as profit or return on assets  Reduce cost.

Management Historic Times

1. Section E: Leading & managing individuals & teams E1. Leadership, management & supervision E3. Team formation, development.

Copyright ©2015 Pearson Education, Inc.HM-1 Chapter HM A Brief History of Management’s Roots.

General Administrative Theories Henri Fayol & Max Weber.

Principles of Management Learning Session # 8 Dr. A. Rashid Kausar.

Prof & Lawyer Puttu Guru Prasad M.Com., M.B.A., L.L.B., M.Phil., PGDFTM., AP.SET., ICFAI CMF., (PhD) at JNTUK., Senior Faculty for Management Sciences,

Henri Fayol’s 14 Principles Of Management. 1. Division Of Work Specialization allows the individual to build up experience, and to continuously improve.

Management control and Management Principles

MANAGEMENT SCIENCE PREPARED BY CH. AVINASH.

The Evolution of Management Thought

IB Business & Management (HL + SL) Organizational Structure

Organization Theories

Introduction to Principles and Functions of Management

Lesson 2 : The Evolution of Management Theories

The Evolution of Management Thought

POLI 213 INTRODUCTION TO PUBLIC ADMINISTRATION

Chapter 2 History of Management

Cavendish University Armenia 2008

Organisation Structure

Historical Foundation of Management

Principles of Management S. Y. B. Com Prof. Arjun Bhagwat S. M

Henri Fayol’s 14 Principles Of Management

The classical and humanistic perspective of management thought

The EXCEPTION PRINCIPLE

Historical Foundation of Management

Presentation transcript:

CLASS-12th BUSINESS STUDIES Rohit Batra PGT-COMMERCE K.V.-2 Bikaner.

PRINCIPLES OF MANAGEMENT

Henri Fayol Henry Fayol was a French industrialist In 1860 , he joined as a Engineer and became Managing Director in 1888. At that time the position of the company was very bad. He faced so many problems to control the company. After long experience he developed 14 principles of management.

HENRI FAYOL ‘THE FATHER OF GENERAL MANAGEMENT’ There were 14 principles of management propounded by him – 1.Division of work 2.Authority and Responsibility 3.Discipline 4.Unity of Command 5.Unity of Direction

6.Subordination of Individual Interest to General Interest 7.Remuneration of Employees 8.Centralisation and Decentralization 9.Scalar Chain 10.Order 11.Equity 12.Stabillity of Personnel 13.Intiative 14.Espirit De Corps

-One and only one boss for every UNITY OF COMMAND -One and only one boss for every individual employee.

MR A, what about my report????? Come on MR A, You have to do that I’AM FED UP OF THIS

According to this principle, an employee should receive orders from only one superior at a time and that employee should be answerable only to that superior. If an employee gets order from two superior at that same time the principle of unity of command is violated. The principle of unity of command states that each participant in a formal organization should receive orders from and the responsible to only 1 superior.

Positive Effect of Unity of Command There will be no confusion in the mind of Subordinates. Responsibility can be easily fixed. Better performance as subordinates receive from one superior only.

If Unity of Command is violated It creates confusion for the subordinates. It will be difficult to fix responsibility. Lack of discipline.

SCALAR CHAIN

SCALAR CHAIN An organization consists of superior and subordinates. The formal lines of authority from highest to lowest ranks are known as SCALAR CHAIN. According to Fayol, ‘’Organization should have a chain of authority and communication that runs from top to bottom & should be followed by managers and the subordinates.’’

Scalar Chain N GANG PLANK P Fayol has explained this principle with the help of a ladder as shown in the diagram. A B L M C D N E O GANG PLANK F P Scalar Chain

According to Fayol this chain should not be violated in the normal course of formal communication. If there is an emergency then ‘E’ can directly contact ‘O’ through ‘Gang Plank’. UTILITY: Due to more clear system of authority and communication, problems can be solved faster.

Let us consider a situation where there is one head ‘A’ who has two lines of authority under her/ him. One line consists of B-C-D-E-F. Another line of authority under ‘A’ is L-M-N-O-P. If ‘E’ has to communicate with ‘O’ who is at the same level of authority then she / he has to traverse the route E-D-C-B-A-L-M-N-O. This is due to the principle of scalar chain being followed by this situation.

Thank you