International Journal of Management, IT and Engineering
  • Year: 2019
  • Volume: 9
  • Issue: 3

Henry fayol's principles of management and it's applicability in contract staffing

  • Author:
  • N Ramakrishna, Shivappa
  • Total Page Count: 15
  • Page Number: 168 to 182

*Assistant Professor & Research Scholar, Department of Management, GFGC, Vemgal, Kolar

**Professor, Director & Research Guide, Kousali Institute of Management Studies, Karnatak University, Dharwad

Online published on 24 October, 2019.

Abstract

Principles of Management as developed by Henry Fayol are among the notable classical theoretical frameworks of management applicable to all types of organizations today. Present objective of this study is to pursue an understanding of the utility of Henry Fayol‘s fourteen principles of management and in particular employee oriented principles i.e., Unity of Command, Remuneration to employees, Equity, Stability of Personnel, Initiative, Division of work and Espirit De Corps and its application in Human Resource Outsourcing and in Particular Contract Staffing. Secondary data is used where an extensive review of published works on management generally, and Human Resource Outsourcing and Contract Staffing in particular, was conducted. This yielded vital insights on the original meaning of employee oriented Fayol‘s principles of management and as well as their application in the Human Resource Outsourcing and in particular Contract staffing of various organisations. Illustrations and Inferences were drawn from both developed and developing countries to give the paper a global perspective. Based on available literature, it was concluded that Fayol‘s employee oriented principles of management are relevant to all types of organization however the same principles are not applied in Contract Staffing.

Keywords

Principles of Management, Henry Fayol Principles, Human Resource Outsourcing, Contract Staffing, Temporary Staffing, Informal Employment