|
Mitesh, India
|
#6. Subordination of Individual Interest-principle (Fayol)
Who can give me example of Henri Fayol's 6th principle ie. Subordination of Individual Interest. Thanks..
X
Sign up for free
Welcome to the Principles of Management forum of 12manage.
Here we exchange knowledge and experiences in the field of Principles of Management.
❗Sign up now to gain access to 12manage. Completely free.
X
Continue for free
Please sign up and login to continue reading.
Here we exchange knowledge and experiences in the field of Principles of Management.
❗Sign up now to gain access to 12manage. Completely free.
|
|
|
|
|
Jaap de Jonge Editor, Netherlands
|
|
Subordination of Individual Interest Example Here is a micro example.
Suppose an employee would like to obtain a big raise of his salary, beyond what what is usual for his job. Doing so would not be in the general interest of the firm, as it would lose it's competitiveness if it conitinues to pay too much to its employees. Therefore the principle Subordination of Individual Interest says that in this case the general interest should prevail over the individual interest of the employee.
|
|
|
Nannette Riddick, United States
|
|
Example of Subordination of Individual Interest I would have to agree with Henry Fayol on the matter about this subject creating "lively debate." After all, "Who decides what the interest of the organization as a whole is?"
|
|
|
Kevin, USA
|
|
Subordination of Individual Interest Here's an example at a higher level.
Let's assume that the company's mission is to do: "X". Then "X" would be almost always more important than management's or staff's interests.
Typically, to create "buy in" from executive management one would need to point out that a particular intended activity/project supports the organization's goal of "X". If it then turns out that the "interest" for the activity/project is not in sync with the mission, then - even though it is important to the project owner/manager/ staff member - the "interest" cannot be justified and has to be subordinated to the company's mission.
|
|
Comments by date▼