Principles of management
The principles are the base, guidelines and theories that directs or guides toward future Courses of actions. The principles are fundamental statement of truth ,such types of truth are followed by the people (managers) to execute their activities .
According to hicks ,"Principles of management are the guiding rules of laws for management Action".
According to George terry," principles can be defined as fundamental statement of truth Providing a guide to thought and action."
Based on such definitions, we can concluding that the principles are the guidelines or bases on the basic of which all the managerial activities are performed .
In management .we can find out two types of principles .
1. Descriptive principle.
2. Prescriptive principle.
Nature/characters/
The principles of management consists different features or characters which are:
1.goal oriented :
the principles are providing guidelines to achieve the goals or objectives in effective way.
2.cause and effects relationship:
The principles of management always shows cause and effect relations that means if we change certain types of input variables or activities of management then it should effect on the output variables or results.
3) Dynamic and situational:
The principles of management should not be static or same in all situations rather these should be dynamic and situational. We can modify and apply the principles of management according to the size, nature, internal, environment, external, environmental forces, etc.
4) influencing the human behavior or aspects:
Management principles should be able to influence human behavior .the management should
Know desires, wants needs etc of the workers of employees and should try to fulfill such elements scale of management success.
5) Universally aspect
The objectives or needs of principles of management can be explained with the help of following points:
1.to achieve the goals of organization.
2.To make similarities of the activities in organization.
3.to focus managerial allantion.
The principles of management provide guidelines or ideas to the managers about their courses of action. For e.g: formulation of policy is to be made by top level where as implementation of the same should be made by lower levels managers.
4.to increase managerial efficiency and productivity.
5.to facilitate education and trainings to the managers employees.
6.to attains social goals and responsibilities.
7.to support research and development in the organization.
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