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Nature of principle of management

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Nature of principle of management
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Sia ? 5 years, 4 months ago

Nature of management principles can be described as follows:

  1. Universal Applicability: The principles of management are pervasive in nature. They can be applied in any type of organisation irrespective of the nature of the organisation.
  2. General Guidelines: They are only guidelines for action and don't provide a direct or readymade solution for a managerial problem. They have to be modified as per the requirement of the situation.
  3. Formed by practice and experimentation: The principles of management have been developed through experimentation as well as the experience and wisdom of managers. This is the reason why they are more practical in nature.
  4. Flexible: They are flexible i.e. they can be modified by the managers according to a given situation. It also exhibits the ability of the manager to adapt to a particular situation quickly.
  5. Mainly behavioural: They are mainly behavioural in nature since they are devised to influence human behaviour. 
  6. Cause and effect relationship: The principles of management establish a relationship between cause and effect. They guide us as to what would be the effect if a particular principle were to be applied in a given situation. The situation is the real cause of application of the principle.
  7. Contingent: The use of principles of management is contingent or dependent upon the prevailing conditions.  Therefore , they are subjective in nature.
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