IN THIS PRESENTATION YOU WILL FIND ALL TOPICS RELATED TO PRINCIPLES OF MANAGEMENT AND EACH TOPIC IS EXPLAINED BY ME WITH FULL DETAIL AND WITH FULL UPDATES ACCORDING TO NEW SYLLABUS.IN THIS PPT MANY PICTURES ARE ALSO THERE WHICH IS MOST IMPORTANT INSTRUMENT IN PPT.IF ANY QUERY SO PLZ CONTACT ME 9780529658 AND PLEASE TRY TO LEARN THE CONCEPT.IN THIS PPT MANY TOPICS ARE THERE IN PROPER ORDER.YOU WILL FIND THE PRINCIPLES OF FAYOL AS WELL AS PRINCIPLES OF TAYLOR.THE TECHNIQUES OF TAYLOR ARE ALSO THERE IN MY PPT.SIMPLINESS IS MINE PPT ADWANTAGE THAT YOU WILL DEFINATELY LIKE.PLEASE LIKE SHARE AND FOLLOW ME AND IF ANY QUERY SO PLZ CONATACT ME OR HIT COMMENT BACK.I WILL BW DEFINATELY THERE TO ANSWER YOU.
2. TOPICS FORTHCOMING IN
PRESENTATION
*DEFINATION OF MANAGEMENT
*CONCEPT OF MANAGEMENT PRINCIPLES
*FEATURES OF MANAGEMENT PRINCIPLES
*IMPORTANCE OF MANAGEMENT PRINCIPLES
*ABOUT HEMERY FAYOL
*FOURTEEN PRINCIPLES OF MANAGEMENT
*ABOUT F.W TAYLOR
*PRINCIPLES OF SCIENTIFIC MANAGEMENT
*TECHNIQUES OF TAYLOR
*FAYOL VERSUS TAYLOR
3. DEFINATION OF
MANAGEMENT
MANAGEMENT IS AN ART OF GETTING WORK
THROUGH OR FROM OTHERS.IT IS AN
INTANGIBLE CONCEPT.IT IS ALSO
UNDERTAKEN TO ACHIEVE GOALS.
MANAGEMENT
CONTINUOS INTANGIBLE PERVASIVE DYNAMIC
4. MANAGEMENT PRINCPLS
CONCEPT
“MANAGEMENT PRINCIPLES ARE GENERAL
GUIDELINES WHICH HELP THE MANAGER TO
CARRY OU T WORK EFFICENTLY AND
EFFECTIEVELY AND MANAGEMENT PRINCIPLES
ARE MORE FLEXIBLE THAN RIGID SCIENCE
PRINCIPLES.THEY ARE DIFFERENT FROM
TECHNIQUES BECAUSE TECHNIQUES ARE
METHODS TO DO WORK AND PRINCIPLES ARE
ONLY GUIDELINES.”
5. FEATURES OF MANAGEMENT
PRINCPLES
1.FLEXIBLE:Management principles are flexible as it can
easily be modified according to the present situation of
the organization.
2.GUIDELINES:Management principles do not give exact
solution to the problem,it only guides the managers to
solve the problem.
3.BEHAVIOUR CHANGER:Management principles help
to change the behaviour of manager and employess as
it gives knowledge to the employess and managers to
handle the problems.
4.CONTINGENT:Management principles are very
contingent as it depends upon the situation prevailing in
the organization means it needs to modify to apply.
5.UNIVERSALLY APPLICABLE:Management principles
6. IMPORTANCE OF
MANAGEMENT
PRINCIPALS
1.PROVIDE KNOWLEDGE TO MANAGER:The principles of
management always provide knowledge to managers about
choosing right things for organisation.
2.SCIENTIFIC DECISIONS:Principles of management help the
managers to take right decisions scientifically without
personal bias of managers.
3.ADAPTABILITY:Management principles brings adapatability
in business because it helps the business to adapt according
to prevailing environment.
4.EFFEECTIIVE ADMINISTRATION:Principles of management
provide effective administration by removing personal
prejudices of top level personnel as the administration is
function of top level.
5.FULFIL SOCIAL RESPONSIBILITIES:Management
7. ABOUT HENERY FAYOL
Henery fayol {1841-1925}got
degree in mining
engineering and joined
french mining company in
1860 as an engineer.He
rose to managing director
in 1888.When company
was on the verge of
bankruptcy.He accepted
the challenge and by using
rich and broad
administrative expirence
,he turned the fortune of
the company .For his
8. FOURTEEN PRINCIPLES OF
FAYOL
1.DIVISION OF WORK:According to this principle work
should be divided into small task and each task should
be given to one person so that more efficicency should
come in the organization and specialisation also should
come and wastage also shoul be reduce.
9. 2.AUTHORITY AND RESPONSIBILITY:According to this
principle the authority and responsibility should be balanced.If
the manager is giving responsibility to the empoloyee so he
should also give authority to the employee to accomplish that
responsibility,this will lead to completion of job given by
manager.
3.DISCIPLINE:According to this principle,there should be
proper following of rules and regulations in the
orgnization.Employees and manager also should fulfil their
committement made to each other,so that there should be
proper discipline in the organization.
10. 4. UNITY OF COMMAND:According to this principle, there
should be one boss means that subordinates should receive
orders from only one boss or superior.This will lead to proper
working in the organization and emplpoyees will also not
make escuses.There will be no ego clashes.If this principle is
not followed then there will no proper working in the
organization.
5.UNITY OF DIRECTION:According to this principle, the
efforts of all individuals working in the organization should
move in one or common direction to achieve organizational
goal.Each unit should have one plan and one head and this
will lead to achievement of goal and reduction of wasteful
activities.
SUPERIOR
SUBORDINATE
1
SUBORDINATE
2
SUBORDINATE
3
SUBORDINATE
4
11. 6.SUBORDINATION OF INDIVIDUAL INTEERST TO
GENERAL INTERST:According to this principle,The
objective of the organization should be given priority over the
objective of the employees woirking in the organization.If
employees want to achieve their own objective so at first they
have to achieve the organizational objectives.
7.REMUNERATION OF EMPLOYEES:According to this
principle,remuneration should be given to employees which
give them reasonable standard of living.The remuneration
should be fair to both employees as well as organization.
12. 8.CENTRALIZATION AND
DECENTRALIZATION:Centralization means power in the
hands of top level and Decentralization means evenly
distribution of power at different levels.So according to this
principle there shoul be both centralization and
decentralization in the organization as to bring systematic
working in organization.
9.SCALAR CHAIN:The formal lines of authority from highest
to lowest ranks in the organization is known as scalar.It is
compulsery to follow scalar chain as to bring systematic flow
of information in the organization but in case of emergency
gang plank can be made to pass information directly from
one person to another at same level.
13. 10.ORDER:According to this principle,there should be
systematic arrangement of men and material in the
organization.So that workers didn’t want to search tools and
other equipments anywhere.Employees should also have
proper fixed place.
11.EQUITY:According to this principle,there should be no
discrimination of employees in the organization in case of
caste,gender,racial etc.All employees working in the
organization having same qualification and jobs shoul be
given equal importance.
12.STABILITY OF PERSONNEL:According to this
14. 13.INTIATIVE:According to this principle,organization should
welcome suggestions of employees,this will lead to
motivation of employees and employees will also give best to
the organization and intiative means taking first step with self
motivation.
14.ESPIRIT DE CORPS:According to this principle,there
should be team spirit beetween employees so that each
individual work as a team in the organization and bring
achievement of organizational goals.
15. ABOUT FEDRICK WINSLOW
TAYLOR
Fedrick winslow taylor{1856-1915}
was a person who within a years
rose from ranks of an apprentice
to chief engineer in midvale steel
company,US.Taylor conducted a
number of experiments and
came to conclusion that workers
were producing much less than
the targeted standard task.Also
both the parties management
and workers are hostile to each
other.He gave a number of
suggestions to solve the problem
and correctly propounded the
theory of scientific management
to emphasize the use of scientific
16. PRINCIPLES OF SCIENTIFIC
MANAGENT
1.SCIENCE,NOT RULE OF THUMB:According to this
principle,organization should not use rule of thumb means
that managers should not use past expirence or hit and miss
method to fix standard time or task instead they should use
scientific approach to find out standard time or standard task.
2.HARMONY ,NOT DISCORD:According to this
principle,there should be harmony between workers and
management.Instead of discording each others
objectives,they should change their attitude and bring mental
revolution.Organization should also share gain with the
workers.The employees should try to attain organizational
goals as to fulfil their own goals.
RULE OF THUMB
SHOULD NOT BE
USED YES YOU ARE
RIGHT
17. 3.COOPERATION,NOT INDIVIDUALISM:According to this
principle,management and workers or employees should
work in cooperation with each other.They should not show
individualism.Workers should not go on strike instead they
should tie a black ribbon on arm to show their dissatisfaction
and they should keep work on.Managemnent should also
take suggestions of employees while taking any decisions.
4.DEVELOPMENT OF WORKERS TO HIS GREATER
EFFICENCY AND PROSPERITY:The workers should be
trained and developed to their greater efficency.The
knowledge of workers should be keep updating because if
workers will be efficent so automatically organization will
become efficent.
18. SCIENTIFIC
MANAGEMENT
1.FUNCTIONAL FOREMANSHIP:In this technique,taylor
has seprated planning and production department.Talyor told
that planning department should do only planning and
production department should do only production.Taylor had
kept 4 experts in each production and planning department.
19. 2.STANDARIZATION AND SIMPLIFICATION:According to
this technique,the organization should fix standards of
size,type,weigh etc. and organization should also have
quality standard.Simplification means organization should
reduce unnecessary varieties of product.This will make
organization efficent and effective.
3.METHOD STUDY:According to this technique,organization
should choose that method which is in favour of
organization.To choose method,organization should watch all
the methods and their merits and demerits.so this study helps
to find out best method to carry job.
ORGANIZATION
NEED BOTH
STANDARISATION
AND
SIMPLIFICATION
20. 4.MOTION STUDY:This study is conducted to eliminate
unproductive movements of the worker.To conduct motion
study at first all the movements of worker should be note down
and then productive and unproductive movements should be
seprated.After sepration,the unproductive movements should
be cut down and best tools or machines should be made by
which unproductive movements do not occur again.
5.TIME STUDY:This stiudy is conducted to find out the standard
time required to perform a job.To conduct time study,average
worker should be observed 100 times and then take out the
average time taken by worker,that average time should be
fixed as standard time.By keeping in mind the standard
time,the standard task can also be setup and manager can
21. 6.FATIGUE STUDY:As we know that worker do work for
number of hours and he get tired also.So worker also need rest
to regain his energy.Therefore,This technique is used to find
out duration of rest interval,frequency of rest interval,number of
rest intervals.To conduct fatigue study average worker should
be observed while working and manager should not down that
when worker feels tired so this will help to fix frequency of rest
intervals and then worker should be observed that after rest
how much time worker take to regain his energy,by this
duration of rest intervals can be fixed.
22. 7.DIFFERENTIAL PIECE WAGE SYSTEM:According to this
technique, there should be different wage rates for workers
means that efficent workers who make more units than units
actually they have to make should get high wage rate and
inefficent workers who make less units than units actually they
have to make should get less wage rates.By this efficent
workers will get motivate to continue their work like that only
and inefficent workers will also get motivate to make more units
as to get high wage.This system had linked wages and
productivity by insisting different wage rate.
8.MENTAL REVOLUTION:This technique insists that both groups
management and workers should change their attitude towards
23. FAYOL VERSUS TAYLOR
As we know that fayol had foccused on the
aplication of general principles in all
situations and taylor had focussed on shop
floor and we also know that both taylor
and fayol insisted on efficency so by this
WORKERS CHANGE YOUR
MINDS AND
MANAGEMENT ALSO
SHOULD CHANGE HIS
MIND