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This video on Principles of Management will acquaint you with all the management principles given by Sir Henry Fayol. All the Management Principles And Applications will allow you to hone management skills to help you become an efficient manager. So, let's get started!

The topics covered in this tutorial are:
Introduction
Division of Work
Authority and Responsibility
Discipline
Unity of Command
Unity of Direction
Subordination of Individual Interest to General Interest
Remuneration
Centralization and Decentralization
Scalar Chain
Order
Equity
Stability of Personnel
Initiative
Esprit de Corps

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What Is Meant by Principles of Management?
Management principles are broad rules that may be applied to workplace behavior in specific scenarios. It also assists managers in making and implementing sound decisions. The 14 principles of management were given by French Engineer and Economist Sir Henry Fayol.

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