Features of Principles of Management

April 3, 2025

Features of Principles of Management

Himanshu Juneja

April 3, 2025

Importance of Management Principles

Following are the main importance of the Principles of Management. Improves Understanding. Direction for Training of Managers. Role of Management. Guide to Research in Management. Improves Understanding – From the knowledge of principles managers get indication on how to manage an organization. The principles enable managers to decide what should be done to accomplish given…

Principles of Scientific Management

Development of Science for each part of men’s job (replacement of rule of thumb) This principle suggests that work assigned to any employee should be observed, analyzed with respect to each and every element and part and time involved in it. This means replacement of odd rule of thumb by the use of method of…

Scientific Management by Taylor

Fredrick Winslow Taylor ( March 20, 1856 – March 21, 1915) commonly known as ’Father of Scientific Management’ started his career as an operator and rose to the position of chief engineer. He conducted various experiments during this process which forms the basis of scientific management. It implies application of scientific principles for studying identifying…

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Principles of Management areUniversal
1. Management principles are applicable to all kinds of organizations - business non business.
2. They are applicable to alllevels of management.
3. Every organization must make best possible use by the use of management principles.
4. Therefore, they are universal or all pervasive.
Principles of Management areFlexible
1. Management principles are dynamic guidelines and not static rules.
2. There is sufficient room for managerial discretion i.e. they can be modified as per the requirements of the situation.
3. Modification improvement is a continuous phenomenon in case of principles of management.
Principles of Management have aCause Effect Relationship
1. Principles of management indicate cause and effect relationship between related variables.
2. They indicate what will be the consequence or result of certain actions. Therefore, if one is known, the other can be traced.
Principles of Management -Aims at Influencing Human Behavior
1. Human behavior is complex and unpredictable.
2. Management principles are directed towards regulating human behavior so that people can give their best to the organization.
3. Management is concerned with integrating efforts and harmonizing them towards a goal.
4. But in certain situations even these principles fail to understand human behavior.
Principles of Management are ofEqual Importance
1. All management principles are equally important.
2. No particular principle has greater importance than the other.
3. They are all required together for the achievement of organizational goals.

Article Written by

Himanshu Juneja

Himanshu Juneja, the founder of Management Study Guide (MSG), is a commerce graduate from Delhi University and an MBA holder from the esteemed Institute of Management Technology (IMT). He has always been someone deeply rooted in academic excellence and driven by a relentless desire to create value. Recently, he was honored with the “Most Aspiring Entrepreneur and Management Coach of 2025 (Blindwink Awards 2025)” award, a testament to his hard work, vision, and the value MSG continues to deliver to the global community.