Principle of management solved case study

University of Phoenix November 10, Many Fortune companies have management training programs. A company must always have the competitive edge over its competitors. These companies must invest in creating curriculums to help the mangers create motivation in the employees as well as attain the goals set forth by the corporation.

Principle of management solved case study

It means one head, one plan for a group of activities having similar objectives. It is related to the functioning of departments, or organization as a whole. Necessity It is necessary for fixing responsibility of each subordinates. It is necessary for sound organization. It avoids duplication of efforts and wastage of resources.

Result It leads to better superior sub-ordinate relationship. It leads to smooth running of the enterprise. Therefore it is obvious that they are different from each other but Principle of management solved case study are dependent on each other i. But it does not automatically comes from the unity of direction.

It implies that managers should be fair and impartial while dealing with the subordinates. They should give similar treatment to people of similar position.

They should not discriminate with respect to age, caste, sex, religion, relation etc. Equity is essential to create and maintain cordial relations between the managers and sub-ordinate.

But equity does not mean total absence of harshness. Arrangement of things is called material order and placement of people is called social order.

Principle of management solved case study

Material order- There should be safe, appropriate and specific place for every article and every place to be effectively used for specific activity and commodity. Social order- Selection and appointment of most suitable person on the suitable job.

There should be a specific place for every one and everyone should have a specific place so that they can easily be contacted whenever need arises.

This principle applies that subordinate should respect their superiors and obey their order. It is an important requisite for smooth running of the enterprise. Discipline is not only required on path of subordinates but also on the part of management. Initiative Workers should be encouraged to take initiative in the work assigned to them.

It means eagerness to initiate actions without being asked to do so. It helps in developing an atmosphere of trust and understanding. People then enjoy working in the organization because it adds to their zeal and energy. As far as possible it should accord satisfaction to both employer and the employees.

Wages should be determined on the basis of cost of living, work assigned, financial position of the business, wage rate prevailing etc. Stability of Tenure Fayol emphasized that employees should not be moved frequently from one job position to another i.

As a result, the time, effort and money spent on training the worker will go waste.

Henri Fayols 14 Principles of Management

Stability of job creates team spirit and a sense of belongingness among workers which ultimately increase the quality as well as quantity of work. Every orders, instructions, messages, requests, explanation etc. In the figure given, if D has to communicate with G he will first send the communication upwards with the help of C, B to A and then downwards with the help of E and F to G which will take quite some time and by that time, it may not be worth therefore a gang plank has been developed between the two.

Gang Plank clarifies that management principles are not rigid rather they are very flexible. They can be moulded and modified as per the requirements of situations Sub-Ordination of Individual Interest to General Interest An organization is much bigger than the individual it constitutes therefore interest of the undertaking should prevail in all circumstances.

As far as possible, reconciliation should be achieved between individual and group interests. But in case of conflict, individual must sacrifice for bigger interests.

For example, for change of location of plant, for change of profit sharing ratio, etc. Fayol cautioned the managers against dividing the employees into competing groups because it might damage the moral of the workers and interest of the undertaking in the long run.

Efforts should be made to create enthusiasm and keenness among subordinates so that they can work to the maximum ability. Efficient employees should be rewarded and those who are not up to the mark should be given a chance to improve their performance.

He also cautioned against the more use of Britain communication to the subordinates i. There should be no place for misunderstanding.

In other words, centralization is a situation in which top management retains most of the decision making authority. Decentralization means disposal of decision making authority to all the levels of the organization.

How to solve a Case Study in Management - Indiaclass

In other words, sharing authority downwards is decentralization.This article will help you to solve a case study in Management. You can use these ways to solve any Human Resource Management, Marketing Management, Finance management or any other Management related Case study. The following are the ways in which a case can be solved and among those things whichever is applicable or possible in that you.

Principle of Management.

Previous Year Questions with Solutions

Case Study - Download as PDF File .pdf), Text File .txt) or read online. Scribd is the world's largest social reading and publishing site.1/5(1). Principle of Management. Case Study. For Later. save. Related. Info.

Principle of management solved case study

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Aug 28,  · case study: 2 International Case: Reengineering the Business Process at Procter & Gamble Procter & Gamble (P&G), a multinational corporation known for products such as diapers, shampoo, soap, and toothpaste, was committed to improving value to the customer.

Refer to Case Study: Minimizing Biases in Performance Evaluation at Expert Engineering, Inc. it states that under various engineer titles, veteran engineer demetri worked for expert engineering inc. for almost 15 years. the firm's performance evaluation history is both unique and long.

he has recently been promoted to the postion of principle at the engineering firm. all principles are.

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