Principles of Management
Principles of Management
Organizing
The Organizing process can be done efficiently if the managers have certain
guidelines so that they can take decisions and can act. To organize in an effective
manner, the following principles of organizations can be used by a manager.
Principles of organization:
2. Principle of Specialization
The term specialization is related to work and employees. Modern business
organization needs the specialization, skill and knowledge by this desired sector of
economy.
3. Principle of Coordination
Coordination can be obtained by group effort that emphasize on unity of
action.
4. Principle of Authority
Authority is the kind of right and power through which it guides and directs
the actions of others so that the organizational goals can be achieve.
5. Principle pf Responsibility
The obligation to perform the duties and task is known as responsibility.
Responsibility can't be delegated it can't be avoided.
6. Principle of Delegation
Process of transfering authority and creation of responsibility between
superior and subordinates to accomplish a certain task is called delegation of
authority.
7. Principle of Efficiency
Therese resources must be used in an effective manner when the
organization fulfill the objectives with minimum cost it is effective.
Claudette G. Sim
Instructor