Henri Foyal's Principles of Management Video Lecture | Business Studies for Grade 12

now coming to management principles when
we talk about management principles
there are basically two approaches there
are two people who have developed
principles modest figma henry fuel he's
developed 14 principles of management
right which are generally these
principles they are applicable for the
general administration right and there
was there's another person that is Ellis
principle he is basically worked on
scientific management okay
and these princess now Taylor's
principles are basically meant for they
are more for the operational or
supervisory level of management right
coming to fields principle first
principle when we talk about is division
of work and specialization now as an
organization grows in size as an
organization grows in size it becomes
important to divide the entire work into
smaller pieces right and each piece of
the work is going to be handled by a
specialist or a trained employee now if
the specialist or a trained employee is
handling only his part of the job right
he will be able to do that job in the
most effective and efficient manner we
take the example I think I have taken
this example before as well if you take
the example of your class bulletin board
if I do that as a teacher in my class
right if I have to design the class
board right now a border has to be put
up that is something a person who's good
at artwork will be able to do it really
well
right so I give it to a person who's
good at that right then some written
material is required all right a person
who has a good handwriting will be given
the task of try
and a person who has an itch for I mean
who's creative whose crew who has overs
additional creative writing can write
well on his phone he'll be given the
task of actually giving the material to
the person who's going to pen it down on
the paper right then some caricatures
and some other drawings and everything
in which is to be mailed that again is
going to be given to the person who's
good at who has who has a who has a
control for drawing right then then a
person who has a sense of putting up the
board I mean yeah cheese garlic
Nietzsche he can say a chalak aesthetic
sense who has a good aesthetic sense I
am going to give him the task of putting
up the board he can see capsule garage I
can see blowing kagayaki right heading
on Kahala gonna get SLI angry right as
neatly jokey mera plastic shields Cuba
pinup per second so what I have whatever
I done I was explaining it to you in a
very micro level whatever I done I have
divided the entire verb of putting up
the class board into smaller tasks
wherein each task is being taken care of
by a specialist and what is my end
result that I'm going to get a beautiful
board done right at the least possible
cost
take a cost cau I have a I'm not talking
about basic it above me curling up in
time become during a while because then
who died that work so they're going to
take less time here so second principle
is a quality and responsibility what is
the quantity Authority is the right to
give orders and of a a witness it is the
right and put it is a right to give
orders and up in obedience commanding
aha do you manage anger to me because I
am the principal of the school that's
why whatever are saying is right and you
must do it this is authority right what
is responsibility responsibility is
obligation of
the assigned duties on time because of
Redd's Apple has said it so I must do it
because the principal has said it I
understood it becomes my responsibility
now
according to fear there has to be a
parity between authority and
responsibility if you are making a
person responsible for a task right
without giving him sufficient amount of
authority that for that that worker is
going to turn ineffective that worker is
going to be turned in effective right so
therefore if you are assigning
responsibility of a task he must be
given sufficient amount we must be given
sufficient amount of authority for him
to be effective and efficient for
example if the production manager is to
achieve a target of manufacturing about
10,000 units in a month right it is his
responsibility to achieve this target
right but if he is not given the
authority to file for requisition of
tools and material right then he is
going to turn ineffective he will not be
able to achieve his target on time
because every time for that he will have
to achieve he will have to approach his
top manager so if you are giving him
this kind of a responsibility you must
give him the required amount of
authority so that he can make a
requisition for raw material and tools
and that is ahead and similarly like we
say responsibilities without Authority
has no meaning similarly Authority
without responsibility is also meaning
as it may be misused it may be misused
if you have given the authority to a
sales sales manager to give and give a
credit period of 60 days to get a girl
to school responsibility immediately
within this 16
by saying our janitor here right if you
have given him sales manager requires to
offer a credit field for 60 days to de
go she ate a deal with the buyer he or
she should not be given the authority to
offer a credit period of 100 days he may
miss use this Authority so there has to
be just a right combination of authority
and responsibility aware it is equal
responsibility be here the Oscars are
this was sufficient amount of authority
VIH is so that is able to carry out that
task in the move another thing a thority
can be delegated
but responsibility you can never absolve
yourself from the responsibility next
discipline what is the meaning of the
word discipline you must have got this
being in school you must have heard of
this world umpteen number of times
discipline it means obeyence of variance
to organizational rules and employment
agreement which are necessary for the
working of an organization
now discipline requires good superiors
at all levels clear and fair agreements
judicious application of penalties then
we say discipline we say obedience of
organizational rules and employment
agreement right let us stop a situation
wherein the workers okay of an
organization agreed that they are not
going to charge any extra money for
overtime in an organization to help the
organization come out of a particular
loss and in return of which the
organization has promised the day it
starts to make profits it is going to
give 5% of its profits to its workers as
bonus it is going to distribute 5% of
its profits to the workers as goodness
now the principle of discipline would
require
that if the are abiding by these
terms and conditions then the management
must also abide by these terms and
conditions that is when they start
earning profits they must give 5% of
their profits to the workers it has to
be not only not only for the workers but
also for the management then comes unity
of command now and simple of unity of
command means that each worker must
receive orders only from one boss
because if I am receiving orders from
two bosses okay I am going to be in the
fix the worker is going to be in a fix
kike stuck on the pellicle boss a bodega
elevator Conqueror was be bowling up
telling me reconquer but what about the
employee for him both her and far AMV
are at our right so to avoid this kind
of a situation Ferran said that each
employee must receive directions from
one boss lovely clear
then comes the principle of unity of
direction this principle states that all
the units of an organization all the
units of an organization should be
working in the same direction that is
towards the accomplishment of
organizational goals for example if
let's say an organization or a company
is manufacturing motorcycles and cars
right so what are these two products
okay they should be taken up as two
different units they should be taken up
as two different units having their own
goals and objectives right but at the
same times they both the units should be
moving in the
same direction that is towards the
accomplishment of the goals and
objectives of the organization as a
whole
right then subordination of individual
interest to general interest this is a
very important point and all ones of
time you know the whatever decisions or
decisions that are being taken they
should be taken keeping the
organization's interest in mind they
should be taken keeping the
organization's interest in mind that
means organizational interest is always
going to take precedence over individual
interest in case of strikes you know
whatever the strike pitch was out there
workers were opening demands rock the
hair now if the workers are interested
in getting higher salaries by doing the
minimum work right this is in the
interest of the individual worker but is
it in the interest of the organization
no it's not in the interest of the
organization and hence this demand of
the workers should not be accepted right
only those demands of the workers will
be accepted which are in the interest of
the organization we are not want to
organisation we are not saying which
would be the interest of the management
we are talking about we are talking
about it deliver the benefit of the
organization so individual interest will
always they should always the
subordination of individual interest to
general and they have organizational
interest as watching it who skin bath
huh individual interest as watching but
his car wasn't gaining here that you
know a maggot is a job of the manager
that in the parlance of in the persons
of the organizational objectives he must
make sure that he is able to help you
know the employees achieve their own
personal goals when we talk about their
own personal goals meaning their social
objectives of being recognized for the
good work being done courier growth
objectives that is wherever it is
possible if he is working really well
then to give him promotions and
recognition at the right time so
individual there they should all make
the subordination of into
interest to German interest next
feminization of employees when we talk
about revelation of employers it's
important that the employees of an
organization the they are being given
salaries which are just an equitable
just and just means he gets what he
deserves
right the time with the services that he
is rendering right
he should be compensated for the
services that he's rendering to the
organization and when we say equal to
the just and equitable equitable means
he should be given a competitive salary
meaning you see if a production manager
is being in our company is being given a
salary of let's say about two lakh
rupees per month right it should be
competitive salaries that means in the
same industry in other companies also
the production managers are being given
the same salary or maybe less right so
he should be given just an equitable
salary next this is a very very
important topic
centralization and decentralization
centralization means retention of
authority at the top level of management
retention of authority at the top level
of management meaning all decisions are
taken up by the top level of the
management only be it a big decision or
a small routine decision all decisions
are taken by the top level of management
and decentralization of authority means
delegation of authority at all levels of
organization you give the desired level
of authority to all the three levels of
management that means top level
management is only going to retain the
authority to frame the broad objectives
and goals of the organization for
framing the policies of the organization
middle level management okay is going to
have the authority for translation of
those objectives and goes into the work
which is required to be done right and
the Supervisory level of Management
also have the required level of
authority now in any organization there
shouldn't be a complete centralization
or complete decentralization fiol says
that organization should have a balance
between complete centralization and
decentralization like I just said that
the major decisions that is of setting
goals and objectives of an organization
or formulation of plans and policies
should always be retained by the drop
level management right but there can be
a policy for decentralization or for the
activities of routine works such as
purchase of raw material assignment of
targets to workers etc these can be be
surprised then