Tag Archives | Evolution

Top 8 Characteristics of Modern Management Thoughts

This article throws light upon the top eight characteristics of modern management thoughts. The characteristics are: 1. The Systems Approach 2. Dynamic 3. Multilevel and Multidimensional 4. Multi-Motivated 5. Multidisciplinary 6. Multivariate 7. Adaptive 8. Probabilistic. Modern Management Thought: Characteristic # 1. The Systems Approach: An organisation as a system has five basic parts: (1) Input, (2) Process, (3) Output, [...]

By |2016-07-30T09:44:05+05:30July 30, 2016|Management|Comments Off on Top 8 Characteristics of Modern Management Thoughts
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14 Main Principles of Management by H. Fayol

This article throws light upon the fourteen main principles of management by H. Fayol. The principles are: 1. Division of Work 2. Authority and Responsibility 3. Discipline 4. Unity of Command 5. Unity of Direction 6. Emphasis on Subordination of Personal Interest to General 7. Remuneration 8. Centralisation 9. Scalar Chain 10. Order 11. Equity 12. Stability of Tenure 13. [...]

By |2016-07-30T09:44:05+05:30July 30, 2016|Principles|Comments Off on 14 Main Principles of Management by H. Fayol
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