References


References:

Comments

Post a Comment

Popular posts from this blog

Stability of Tenure of Personnel

Image
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...
Read more

Initiative

Image
 Initiative [12]   The management science theory initiative says that management should support and encourage employees to take initiatives in an organisation.  This means an eagerness to initiate actions without being asked to do so,  and to suggest improvement in formulation and implementation of strategies. This will help them to increase their motivation and morale.  As Fayol wrote, "At all levels of the organisational ladder, zeal and energy on the part of employees are augmented by initiative." Employees can be encouraged to take initiative with the help of monetary & non-monetary incentives. Aiden
Read more

Esprit de Corps

Image
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
Read more