14 Henri f.pptx

EQUITY Equality of treatment without indiscrimination for the gender, creed or ethnicity. Equity creates loyalty and devotion in the employees.

SUBBORDINATION OF INDIVIDUAL INTERESTS TO GENERAL INTEREST

When at work only the matters related to the job or duties should be focused, pursued and thought. The individual interest should be given less importance, while the general interest should be given most importance.

REMUNERATION Payments of salaries and incentive for workers in appreciation of their service. This policy should give maximum satisfaction to both employer and employees.

CENTRALIZATION

Decisions are made from the top.

SCALAR CHAIN

Scalar chain refers to the number of levels in the hierarchy from the ultimate authority to the lowest level in the organization. Having a formal chain of command from top to bottom.

ORDER

All personnel and materials must have designated place. There should be “a place for everything and everything in its place”, and the "right man in the right place

STABILITY

Ensure the Employee loyalty and longevity.

INITIATIVE

Thinking out a plan and do what it takes to make it happen. And management should encourage initiative.

IF YOU DON’T TAKE A CHANCE, YOU DON’T STAND A CHANCE.

ESPIRIT DE CORPS

Promote unity of interest between management and employees.

. DISCIPLINE Maintain good discipline in order to make expectation clear and punish violators. If there is no self-discipline, then discipline should be enforced through penalties, fines, etc.