14 Principle of Management (Henri Fayol) a.e.e.i.o.u.u.

Authority- Manager must be able to give orders, authority gives them this right to issue command.

Equity- Managers should be kind and fair to their subordinates.

Esprit de corps- Promoting team spirit will built harmony and unity within the organization.

Initiative- Allowing all personnel to show their initiative in some way is a source of strength for the organization.

Order- People and materials should be in the right place at the right time.

Unity of Command- Every employee should receive order from only one superior.

Unity of Direction- The organization should have a single plan of action to guide managers and workers.

Division of Work- Specialization allows the individual continuously to improve his skill, therefore employee can be more productive.

Discipline- Employees must obey and respect the rules that govern the organization.

Scalar Chain- The line of authority from top management to the lowest ranks. A hierarchy is necessary for unity of direction.

Subordination of individual interest- The interest of employee should not take precedence over the interest of the organization as a whole.

Stability of Tenure of Personnel- Management should provide orderly personnel planning and ensure the replacements are available to fill vacancies.

Remuneration- Workers must be paid a fair wage for their services.

Centralization- This term refers to the degree to which subordinates are involved in decision making.


**I have changed the order of these 14 principles, exam only need to write out 6-8 of principles management of Henri Fayol.

So... A.E.E.I.O.U.U. is one of the easier way to remember that, following is D.D.S.S.S.R.C.
hope this helps.

: )