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Mr. Kapoor, F...

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Mr. Kapoor, Finance manager of ABC Ltd. applied for leave to attend a family function in Amritsar. The director of the company requested his to cancel his leave as these is an important meeting schedule on that date. Mr. Kapoor immediately agreed and cancelled his trip as he thought attending meeting is more important for company's benefit.
1. Which principle of Fayol is applied by Mr. Kapoor?
2. Explain that principle.

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Solution

1- Principle of subordination of individual intrest to general intrest.
2- Principle of subordination of individual intrest to general intrest- This principle states that general interest is superior to the individual interest. And the manager must try to integrate the individual goal with the organizational goal in such a manner so that both the objectives are accomplished with efficiency and effectiveness. The manager directs the employees in such a manner that they work for their objective and ultimately the organizational objective is achieved.

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