Henri Fayol 14 Principles of Management

The principal of Management: Henri Fayol 14 Principles of Management - online class 

Henri Fayol is the Father of Modern Management who enunciated fourteen principles of management, for improving overall administration. Henri Fayol emphasized the working of top-level management, Fayol’s management theory has universal applicability. The basis of formation of Fayol’s theory is the personal experience he gives 14 principles of management i.e -

Division of Work
Authority and Responsibility Discipline
Unity of Command Unity of Direction
Subordination of Individual Interests to the General Interest Remuneration
Centralization ​​​​​​​Scalar Chain
​​​​​​​Order ​​​​​​​Equity
​​​​​​​Stability ​​​​​​​Initiative
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Comparison between Taylor and Fayol Approach for Principles of Management

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