Fourteen Fundamental Rules of Management

Learning to Treat Management and Administration as a Process

By John Galt, published Sep 13, 2007
Published Content: 364  Total Views: 160,050  Favorited By: 7 CPs
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It seems that every time an aspiring manager turns around, he or she is bombarded by books, videos and other materials all suggesting new and better ways to manage employees and financial matters. However, after close examination, it seems that many of these "revolutionary" new ideas are nothing more than either common sense or ineffective imagination. Regardless of how different the packaging of these techniques may be, one simple fact remains the same, they just do not work, or are not practically effective for everyday life. Luckily, there is a solution, and it is both simple and easy to apply to almost any manager in almost any situation.

Some who have studied economy may have heard the name of Henri Fayol, a French economist with revolutionary ideas regarding the way that a manger or any part of an administration should be trained. His ideas were both simple and effective, although they seem to have fallen by the wayside in contemporary business. Of course, effective management and administration is one of (if not the) most important part of any business or venture, and by applying these fourteen principles, one can become a much more effective manager, and a much more essential member of any team or company.

The first rule of management is often known simply as "division of work". Meaning that managers should make it their job to ensure that employees focus on and specialize in one particular area of expertise. Creating a division of work has several signifigant benefits for a company. Mainly, less time is wasted on cross training employees to handle different jobs, and employees will become far more efficient and effective at their specialized jobs than they would being shuffled around to different stations or responsibilities.

Fourteen Fundamental Rules of Management

An effective manager is one of the most important components of any business.

Credit: Ally Furniture

Copyright: Ally Furniture

Takeaways
  • The most effective technique for management
  • Ideas and processes to avoid
  • What really makes a good manager?
Did You Know?
Henri Fayol, the creator of the fourteen points, turned his first company from a struggling venture into a massively profitable corporation.
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