There are two mnemonics I found to be easy to remember:
- SERIOUS DUD CASE
- DADUU SRCS OESIE
While the first one is easier to remember, the second one lets you remember the principles in the order they were initially given by Mr. Henry Fayol. If you need help remembering the second mnemonic, you need an acquaintance to Hinglish (or Hindi).
Daduu, in Hindi, sounds like Daddu which means grandfather. Also, we use the “Oye” prefix while calling someone younger than our age. So, the grandfather (Daduu) is asking his grandson (Sie) whether they should go to a circus (which is what srcs rhymes with). Read DADUU SRCS OESIE as Daduu: Srcs, Oe Sie? The whole grandpa mnemonic refers to the principles of management laid out by Henri Fayol, which are explained briefly below:
- Division of Work:Work should be divided intelligently among speciailized employees. Division of work leads to increase in skills and efficiency of employees.
- Authority and Responsibility:As Great Uncle Ben said, with great power comes great responsibility. So, a manager should have the authority to pass orders to his sub-ordinates but he should also understand his responsibility to deliver.
- Discipline:Discipline must be maintained within the organization. This can be done by aptly punishing indiscipline and rewarding discipline.
- Unity of Command:One employee should have only one direct supervisor. Failing this point can cause contradictory instructions to reach the employee and thus confuse him and lower his productivity.
- Unity of Direction:Teams with same goals and objectives should be working under the direction of a single manager – if possible – or by sticking to same direction strategies. This ensure proper coordination between the teams.
- Sub-ordination of individual interests to general interests:The interests of any single (or even group of) employee should not be considered above the common interest of the organization.
- Remuneration:Satisfaction of an employee hugely depends on the level of remuneration he/she receives. So, proper remuneration, including financial and non-financial perks, should be ensured for all employees.
- Centralization:This defines the level of closeness employees in the decision making process. Depending on organization, proper balance between centralization and decentralization should be maintained.
- Scalar Chain:Employees should be conscious of the authority they exert over others and the level at which they stand in the chain of command.
- Order:Work environment should be clean and safe for the employees. Order must be maintained at the workplace.
- Equity:Managers should treat the staff with equality. He/she needs to maintain discipline as well as be kind to the employee.
- Stability of Tenure of Employee:Transfer and firing an employee should be minimized as this decreases their morale as well as efficiency as they have to adjust to their work conditions.
- Initiative:Employees should be given some level of freedom to explore, take an initiative and work out on plans.
- Espirit De Corps (French for Spirit of Body):Harmony and coordination must be maintained between the teams and employees that work together.
So, as long as you have gone through all these points two-three times, these mnemonics will let you remember Fayol’s principles for a pretty long time. Daduu srcs oesie helped me and three of my friends pass in our recent sessional exam of Basics of Economics and Management, hope it helps you too.