How can modern manufacturing company use the 14 principles of management?
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Feb 2
Modern manufacturing companies can use the 14 principles of management in the following ways:
1. Division of Work: Assigning specific tasks to employees based on their skills and expertise, ensuring efficiency and specialization.
2. Authority and Responsibility: Clearly defining the authority and responsibility of each employee, empowering them to make decisions within their designated roles.
3. Discipline: Establishing rules and regulations to maintain order and discipline within the organization, ensuring adherence to company policies.
4. Unity of Command: Ensuring that each employee reports to only one supervisor, avoiding confusion and conflicts in decision-making.
5. Unity of Direction: Aligning all activities and efforts towards a common goal, ensuring coordination and synchronization across different departments.
6. Subordination of Individual Interest to the General Interest: Encouraging employees to prioritize the overall goals and objectives of the company over their personal interests.
7. Remuneration: Providing fair and competitive compensation to employees based on their performance and contribution to the organization.
8. Centralization: Deciding the level of decision-making authority that should be centralized or decentralized based on the company's structure and requirements.
9. Scalar Chain: Establishing a clear hierarchy of authority and communication channels, ensuring smooth flow of information and coordination.
10. Order: Organizing resources and activities in a systematic manner, ensuring efficiency and minimizing wastage.
11. Equity: Treating all employees fairly and impartially, promoting a sense of justice and equality within the organization.
12. Stability of Tenure: Providing job security and stability to employees, reducing turnover and promoting loyalty and commitment.
13. Initiative: Encouraging employees to take initiative and be proactive in suggesting improvements and innovations in their work processes.
14. Esprit de Corps: Fostering a sense of teamwork, collaboration, and camaraderie among employees, promoting a positive and supportive work environment.