An Overview of Principles of Management

Management is regarded as an integral part of any organization as it sets things in order to make it’s working efficient and achieve the set aims. It goes without saying that for any set-up to run in its optimum capacity it is important to have some rules and principles in place. There has to be a position of authority in organizational anarchy in the absence of which there would be no structure and rule to operate. In a nutshell, management tasks can be categorized into 4 broader categories namely planning, organizing, leading, and controlling. Backed by strong principles, these principles invest a sense that helps the company to achieve its goals.

So, there are 14 principles of management as per the Classic Theory on the Principles of Management delivered by Henri Fayol. But these principles also have some standard nature of the application that make them workable in any set-up. In this write-up, we will discuss the 7 aspects of these principles that are majorly discussed in Management assignment help.

Nature of Management Principles

  1. Universally Applicable: Each principle has a tendency of being applicable in varied and all spheres that entail business and non-business entities. These principles are universal in nature and help other social, business, and non-business organizations to achieve the set objectives applying the stated principles.
  2. Fuelled by General Guidelines: Well, it is quite understandable that these principles are different from principles of definite theories such as physics and chemistry. These are more general guidelines, that need to be assessed for suitability before application owing to changing times and the dynamic nature of entities.
  3. Created post Practice and Experimentation: These principles are declared post assessing the problems faced by people at their workplaces and conducting thorough research.
  4. Flexibility: These rules are known to be highly flexible in nature as not all the rules exist in the real form today. These are principles and not ultimate truths. Thus, these can vary and change shape with the changes in political, economic, and social scenarios. Time and again the old principles are replaced with new principles.
  5. Behavioral: These principles of management are framed in tandem with human behavior and are set to provide a sneak peek to better man management, who has varied desires and expectations. Thus, these principles are run and directed by changes in human behavior that affect their efficiency in a positive and negative manner.
  6. Cause and Effect: Each principle is directed by the chain of cause and effect. These principles guide how a particular work must be done in a specific manner to repay the desired outcome along with increasing overall efficiency.
  7. Reliant: The principles as stated above are dynamic and situation-based. Thus, these are not fixed or say permanent and can be altered in varying situations or circumstances. Also, the decision to implement any of these principles in a real-life scenario must be done post analyzing the given situations or circumstances.

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