PRINCIPLES OF MANAGEMENT CASE STUDIES 1 Principles of Taylor and Fayol are mutually complementary One believed that the management should share the gain with the workers while the other suggested that employees compensation should depend upon the earning capacity of the company and should give them a reasonable standard of living Identify and explain the principles of management by Taylor and Fayol referred to in para Answer Fayol Remuneration Taylor Harmony not Discord Mental Revolution 2 A manager should have the right to punish a subordinate for wilfully not obeying a legitimate order but only after sufficient opportunity has been given to his her case Identify the principle of management highlighted here Answer Authority and Responsibility 3 Fayol insists that good sense and experience are needed to ensure fairness to all employees who should be treated as fairly as possible Identify the principle of management Answer Equity 4 Neeraj is selected for the post of software developer in an IT Company On the first day of his joining Mehul his project manager tells Neeraj that during the course of his work he will come across many such opportunities which may temp him to misuse his powers for individual or family s benefit at the cost of larger general interest of the company In such situations he should rather exhibit exemplary behaviour as it will raise his stature in the eyes of the company Also for interacting with anyone in the company on official matters he should adopt the formal chain of authority and communication In context of the above case Identify the various principles of management that Mehul is advising Neeraj to follow while doing his job Answer The venous principles of management that Mehul is advising Neeraj to follow while doing his job are as follows i Subordination of Individual Interest to General Interest Scalar Chain ii 5 Pawan is working as a Production Manager in CFL Ltd Which manufactures CFL bulbs There is no class conflict between the management and workers The working conditions are very good The company is earning huge profits As a policy the management shares the profits earned with the workers because they believe in the prosperity of the employees State the principle of management described in the above paragraph Answer The principle of management described in the above paragraph is Harmony not discord 6 The management and workers have entered into an agreement that workers will do overtime to cover up losses of the company in return the manager will increase the wages but management later refused to increase the wages Name the principle related to above situation Answer Principle of discipline As managements fail to fulfil their commitment 7 The production department of Alpha Ltd Was not performing well on detailed analysis it was observed that the workers of that department were overburdened They were forced to work for longer hours without any break So the management planned to replace the production manager They appointed Mr Hari as the new Production Manager He observed the average worker and note down their times He noted down the time they worked and the time the required to be fresh to join back the work Based on this observation he set the break interval for workers He gave small breaks to workers to recharge their energy Name and explain the technique of scientific management used by Mr Hari Answer Fatigue study