henry fayol's 14principels of management with respect to (McDonald's) company, by umesh mali.

how Fayol's !4 principles are usefull to control the whole organisation.

1. Umesh mali FYBMS sem-2 Roll no- 66 div-A Bhavans college 2016-17 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 1 HENRI FAYOL’S 14 PRINCIPLES OF MANAGEMENT WITH RESPECT TO McDonald’s

2. OVERVIEW 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 2 About HENRY FAYOL About Mcdonald’s 14 principles of management Conclusion Reference

3. HENRY FAYOL (1841-1925) 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 3 Henri Fayol (Istanbul, 29 July 1841 – Paris, 19 November 1925) . He developed a general theory of business administration that is often called Fayolism . “ Industrial and General Administration” 1916.

4. Mcdonald’s 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 4 It was founded in 1940 as a barbecue restaurant operated by  Richard and Maurice McDonald . In 1948. The first McDonald's franchise opened in Phoenix, Arizona   in 1953 using the arches logo. serving approximately 68 million customers daily in 119 countries across approximately 36,615 outlets https://www.google.co.in/search?q=macdonald&biw=1366&bih=662&source=lnms&tbm=isch&sa=X&ved=0ahUKEwiM_-mrqMnRAhWCr48KHe6ZBroQ_AUIBygC#imgrc=qrcYf15zclmf4M%3A

5. 1. DIVISON OF WORK: 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 5 The work in organisation must be divided among individuals and departments. It leads to specialisation . improvement in quality , quantity , and reduction in cost https://www.google.co.in/search?q=mcdonald%27s+management

6. 2. AUTHORITY AND RESPONSIBILITY 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 6 Authority is the right to give orders and obtain obedience, and responsibility is the corollary of authority . http://www.referenceforbusiness.com/management/Log-Mar/Management-Levels.html

7. 3. DISCIPLINE 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 7 Employees must obey and respect the rules that govern the organization . Good discipline is the result of effective leadership , regulation .

8. 4. UNITY OF COMMAND 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 8 Every employee should receive orders from only one superior or behalf of the superior. Every employee should follow orders from superior as per the instructions.

9. 5. UNITY OF DIRECTION 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 9 directed by one manager using one plan for achievement of one common goal . Particular activity must be directed with single plan .

10. 6. SUBORDINATION OF INTEREST 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 10 Every employee or a group should work in the interest of the organisation . They should not work for their own self interest.

11. 7. REMUNERATION 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 11 All Workers must be paid a fair wage for their services . Value of the employee.

12. 8. CENTRALISATION 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 12 degree to which subordinates are involved in decision making . There should be a central power to guide and take decisions.

13. 9. SCALAR CHAIN 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 13 Communications should follow this chain . Chain can be broken as per the situation or demand in interest of the organisation .

14. 10. ORDER 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 14 This principle is concerned with systematic arrangement of men, machine, material etc. There should be a specific place for every employee in an organization.

15. 11. EQUITY 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 15 Managers should be kind and fair to their subordinates. There must not be partiality in transfers , promotions , etc.

16. 12. STABILITY OF TENURE 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 16 Employee should not be temporary for long period of time. Employee should be made permanent so that they do not leave the organisation .

17. 13. INITIATIVE 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 17 Superior must sacrifice his own vanity to encourage and inspire those under him to show initiative. Employees who are allowed to originate and carry out plans will exert high levels of effort.

18. 14. ESPRIT DE CORPS 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 18 Promoting team spirit will build harmony and unity within the organization . Loyalty , dedication and commitment.

19. CONCLUSION 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 19 Henry fayol’s all 14 principles are important to control an organisation . They helps to improve manage organisation with control, status, positive results. McDonald’s follows this all 14 principles from the beginning, resulted McDonald’s is the one of the famous and most suggested fast food restaurant in the glob.

20. REFERENCE 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 20 Principles of management textbook ( manan prakashan ). www.google.com/principlesofmanagement https://en.wikipedia.org/wiki/McDonald's https://en.wikipedia.org/wiki/Henri_Fayol https://en.wikipedia.org/wiki/Fayolism

21. …..THANK YOU….. 1/21/2017 |principles of management|FYBMS semII bhavans college|2016-17| 21