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Principles of Management by Attaullah Khan

This document is an assignment submission on principles of management. It was submitted by Attaullah Khan to Sir Shahji Ahmad on December 20, 2020 for a B.Ed program at the University of Loralai. The document defines management as efficiently utilizing resources to achieve organizational goals. It also defines a manager's role in planning, organizing, leading, and controlling resources. The document then outlines some key principles of management proposed by Henri Fayol, including division of work, authority and responsibility, discipline, unity of command, prioritizing organizational interests, fair compensation, clear lines of authority, and equity.

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Attaullah Khan
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144 views

Principles of Management by Attaullah Khan

This document is an assignment submission on principles of management. It was submitted by Attaullah Khan to Sir Shahji Ahmad on December 20, 2020 for a B.Ed program at the University of Loralai. The document defines management as efficiently utilizing resources to achieve organizational goals. It also defines a manager's role in planning, organizing, leading, and controlling resources. The document then outlines some key principles of management proposed by Henri Fayol, including division of work, authority and responsibility, discipline, unity of command, prioritizing organizational interests, fair compensation, clear lines of authority, and equity.

Uploaded by

Attaullah Khan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Assignment topic: Principles of Management

Submitted by: Attaullah Khan


Submitted to: Sir Shahji Ahmad
Submission date: December 20,2020
Program: B.Ed 1.5
University of Loralai
Management:
Management is the best utilization of available resources in an
efficient and effective manner to achieve organizational goals,
objectives and aims. In other words we can say that management is
getting the job done through others. As a leader shows the way to
the nation, the manager teaches that how to act upon that. Like we
cannot find the way or any location without the help of a map, in the
same way a manager acts like map to show the path to his
subordinates.

Management is a set of activities (including planning and decision


making, organizing, leading, and controlling) directed at an
organization's resources (human, financial, physical, and information)
with the aim of achieving organizational goals in an efficient and
effective manner.

Efficient means using resources wisely and without unnecessary


waste.

Effective means doing the right things successfully.

A manager is someone whose primary responsibility is to carry out


the management process. In particular. a manager is someone who
plans and makes decisions, organizes, leads, and controls human,
financial, physical, and information resources.

Principles of Management:
A French author Henri Fayol (1841-1925) set 14 principles of
management and those are universally accepted by the people to
manage their job according to their responsibility. But here we are
going to describe some of the most necessary principles of
management;

1: Division of work
The first thing is that the work must be divided among the employees
equally.

2: Authority of responsibility
If a person is given the responsibility, he or she must has the authority
to fulfill his duty or responsibility nicely.

3: Discipline
The person who has given the authority of manager should must has
respect for agreements, obedience and colleagues.

4: Unity of command
Orders should given from one supervisor only.

5: Subordination of individual interest to the interests of


organization
The individual interest should be given less importance, while the
general interest should be given the most importance.

6: Fair remuneration, salary and benefits


The employees must should paid the maximum remuneration, that
could satisfy them.

7: Scalar chain
There should be chain of supervisors from highest to lowest.

8: Order
There should be place for everything or everything should be on its
own place.

9: Equity
All the employees should be treated equally.

The end

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