14 principles of mgt

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19/12/2012 1

Shanto Mariam University of
Creative Technology
19/12/2012 2

Submitted By:
Akimul Islam
ID: 102011270
Group: C
Sem: 5th
19/12/2012 4

Contents
Company Profile
Mission
What is management?
Functions of Management
14 Principles of Management
Summary
10

Company Profile
Vision : Vision can be defined as the future condition of an
Company . Although it is established by a gradual process, that
means an company can started with a tiny structure and
business activities . But after a different time this condition will
be change , it may be upgraded or may by collapse. Where’s
every company has a better or systematic vision. It is common
fairs that an 14 principle of management firstly fixed a vision .
Our company also have an ambitious vision like first our
company did the work based sub contract order at the being
period in 2008 in where’s we had no any permanent buyer. But
our vision will be that at a time company must have may
permanent buyer and our management will produce all and our
company will produce all types of materials and accessories
which is needed to complete a full garments . Finally it can be
said that our company will as a composite garments after 5
years from the begging period .
19/12/2012 11

Mission :
To reach a desired destination or goal some one has to perform or fulfill the day to day
activities that is called mission. Our Company Management had a strong a clear
mission. In our mission we have some specifies steps with s followed very cordially by
all of our group member such as, we give more emphases on some
definite steps like
1. Ensure best quality
2. Ensure best working environment.
3. Supply the order within the lead time
4. Following proper management system
5. Applying the marketing mix
6. Ensure the buyer satisfaction
7. Applying the motivation theory in the Company Management
8. Following the production improvement technique and work study system
19/12/2012 12

What is management?
 Management is an art of getting things
done through and with the people in
formally organized groups.
13

Functions of Management
Planning
Organizing
Staffing
Directing
Controlling
14

Principles of management
Management principles are the statements
of fundamental truth based on logic which
provides guidelines for managerial decision
making and actions.
15

There are 14 Principles of
Management described by Henri
Fayol
These principles are derived: -
1.On the basis of observation and analysis i.e.
practical experience of managers.
2.By conducting experimental studies.
16

1. Division of work
Cloth Work Garments Applying Work of
all kinds must be divided & subdivided
and allotted to various persons according
to their expertise in a particular area.
17

2. Authority & Responsibility
Our Garments Authority refers to the right of
superiors to get exactness from their sub-ordinates.
Responsibility means obligation for the
performance of the job assigned.
18

3. Unity of Command
Cloth Work Garments have many People. A
sub-ordinate should receive orders and be
accountable to one and only one boss at a
time.
 He should not receive instructions from
more than one person
19

4. Unity of Direction
Our Garments People engaged in the same
kind of business or same kind of activities
must have the same objectives in a single
plan.
Without unity of direction, unity of action
cannot be achieved.
20

5. Equity
 Equity means combination of fairness,
kindness & justice.
Our employees should be treated with
kindness & equity if devotion is expected
of them.
21

6. Order
Our Garments every people This principle
is concerned with proper & systematic
arrangement of things and people.
 Arrangement of things is called material
order and placement of people is called
social order.
22

7. Discipline
 Discipline means sincerity, obedience,
respect of authority & observance of rules
and regulations of the enterprise.
Cloth work Garments Subordinate should
respect their superiors and obey their
order.
23

8. Initiative
 Initiative means eagerness to initiate
actions without being asked to do so.
Our Garments Management should
provide opportunity to its employees to
suggest ideas, experiences& new
method of work.
24

9. Remuneration
 Our Garments Worker Remuneration to
be paid to the workers should be fair,
reasonable, satisfactory & rewarding of
the efforts.
It should accord satisfaction to both
employer and the employees.
25

10. Stability of Tenure
 Our Employees should not be
moved frequently from one job
position to another i.e. the period of
service in a job should be fixed.
26

11. Scalar Chain
Our Garments Maintain the Scalar chain is
the chain of superiors ranging from the
ultimate authority to the lowest.
Every orders, instructions etc. has to pass
through Scalar chain.
27

12. Sub-Ordination of Individual
Interest to common goal
Cloth Work Garments organization
is much bigger than the individual it
constitutes therefore interest of the
undertaking should prevail in all
circumstances.
28

13. Espirit De’ Corps
Our Garments maintain morality. It refers
to team spirit i.e. harmony in the work
groups and mutual understanding among
the members.
Espirit De’ Corps inspires workers to
work harder.
29

14. Centralization
 Centralization means concentration of
authority at the top level.
Our Garments Management In other
words, centralization is a situation in
which top management retains most of the
decision making authority.
30

 The Principles of Management are the
essential, underlying factors that form
the foundations of successful
management our Garments.
These principles serve as guidelines for
decisions and actions of managers.
31

14 principles of mgt

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