The basic principles of management

The Basic principles of management – this is a General control rules. They are universal, the observance of which should allow the team towards a common goal: the prosperity of a company, enterprise, organization or other structure. They provide guidance for managers, which offers to choose the most versatile strategy for achieving the goals.

The Principles of strategic management

Here we list the basic rules to be followed by employees of the organization to achieve its goals.

1. Single direction. This means that a group of employees should have a clear idea of the overall goals and interests.
2. The dominant feature of the development. Performance prospects for growth – another important point in strategic management. Here employees can see the rate of profit and technology, and on this basis represent the most important areas of management.
3. Scientific. This paragraph is the use of situational and systemic approaches. On the basis of scientific knowledge out the most optimal ways of executing tasks.
4. The Subordination of personal interests in common. There is a hierarchy of interests: the aspirations and the interests of one employee or group should not be more important than organizational.
5. Efficiency. Here problem solving is based on the evaluation of available resources and depending on the selected method of their solution.
6. Division of labor. The Manager must supply to the organization two types of tasks: short-term (it takes a bit of time for their execution) and strategic (the implementation of which leads to profitability). One group of people is working on the first category, and the other on the second.

Principles of financial management

This branch of management is based on 4 principles:

1. Planning. Is the scheduling of resources (material, human and financial) in order to balance.
2. A Target orientation. Here is a listing of the organization's goals: for example, in countries with underdeveloped economies, the main and virtually only goal is profitability and productivity, but in advanced economies, in addition to this, it is very important to comply with the responsibility.
3. Diversity. This implies versatility in manufacturing and providing different combinations of goods.
4. Strategic orientation. This refers to the fact that the main goal of the organization should not enter into contradiction with the method of achieving them.

Basic management principles: scientific quality and creativity

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The Management of a complex structure implies the need for periodic adoption of innovative solutions, based on intuition. Of course, major decisions should be scientifically justified, however, when they are impossible to implement, applies a creative approach.

Basic principles of management: specialization and versatility

Here also refers to decision-making tasks: on the one hand, every problem must be accompanied by an individual approach, on the other hand, any solution in the framework of the organization should be based on the General principles of its functioning.

Basic management principles: consistency, continuity and competition

• Sequence. This is a very important principle to ensure timely execution of tasks and prevents confusion in the work.
• Continuity. This is the relationship of one project with others. For example, the execution of one of a number of tasks you can perform the following row, and so with this principle there is a continuous growth.
• Competition. Here comes the motivation of employees to perform not only more work, but higher quality. It should be encouraged through material and moral resources.