Stability of Tenure of Personnel [11] Henri Fayol's principle, "Stability of Tenure of Personnel," advocates for keeping employees in an organisation for extended periods. This principle emphasises numerous advantages: - Long-tenured employees accrue expertise and specialised knowledge which benefit company operations and growth. - It reduces costs associated with turnover, such as hiring and training expenses. - Employees feeling secure in their positions are more motivated, leading to higher job satisfaction and morale. - Reduced turnover enhances team cohesion, which, in the long term, improves efficiency and productivity. Fayol warned that constant personnel turnover disrupts organisational functioning, hinders productivity, and incurs additional costs. However, modern workplaces require a balance between stability and adaptability to accommodate changing business needs and technological advancements. While Fayol's principle remains rele...
Esprit de Corps [13] The term ‘esprit de corps’ is a French term which translates to union is strength and team spirit. This principle is all based on unity of strength within an organisation. This principle states that there should be a harmony and mutual understanding between all employees.This allows the organisation to thrive and work more efficiently. At the same time this boosts morale within a company through working as a part of a team. This principle is important for organisations today as it allows companies to operate more efficiently than individuals working on an assignment. As well as boosting morale, it increases the amount of socialising an employee has. Example: Most companies would make use of teamwork to complete tasks and assignments as products are better developed when there is more than one opinion monitoring it. George
References: [1]( https://www.simplilearn.com/principles-of-management-by-henri-fayol-article#:~:text=them%20in%20detail.-,1.,tasks%20to%20do%20at%20once. ) [2]( https://www.mindtools.com/asjiu77/henri-fayols-principles-of-management ) [3]( https://www.mindtools.com/asjiu77/henri-fayols-principles-of-management ) [4] 14 Principles of Management by Henri Fayol | Simplilearn [5] https://www.dailystar.co.uk/sport/football/footballs-7-biggest-fines-time-29719451 [6] https://turnstonehr.com/why-have-disciplinary-procedures/ [7] What is Unity of Command? - Learning Perspectives [8] What is Unity of Command? - Learning Perspectives All You Have to Know about Unity of Command Principle: Benefits and Example (jgdb.com) [9] https://www.mindtools.com/asjiu77/henri-fayols-principles-of-management#:~:text=Unity%20of%20Direction.,strength%20and%20focusing%20of%20effort.%22 [10] https://www.simplilearn.com/principles-of-management-by-henri-fayol-article#:~:text=5.,the%20dire...
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