14 Principles of Management

Definition: 14 Principles of Management is a set of general management principles as summarized by Henri Fayol in 1916:
1. Division of Work
2. Authority
3. Discipline
4. Unity of Command
5. Unity of Direction
6. Subordination of Individual Interest
7. Remuneration
8. Centralization (or Decentralization)
9. Scalar Chain (Line of Authority)
10. Order
11. Equity
12. Stability of Tenure of Personnel
13. Initiative
14. Team Spirit (Esprit de Corps)

More on 14 principles of management.
More on organizational development: 7S Framework, Action Learning, Action Research, Ambidextrous Organization, Appreciative Inquiry, more...

MBA Brief offers accurate and concise definitions of MBA concepts, frameworks, methods and models.

We love to keep things really short, but provide links to learn more about your subject and to similar concepts.