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Title: 14 principles of management used in icici bank ppt
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Posted By: chaitra
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ICICI Bank rose six times compared to its strategy of KM was established in the year 2000, making it the second largest in India today. But such a strategy has been strong enough to grow along with it. Central to the success of the ICICI Bank was its flexible, innovative techniques and lots of km tools, which have been cleverly designed for staff from the start.
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Fayol's 14 Principles of Management

Fayol's principles are listed below:
Division of Work When employees are specialized, output can increase because they become increasingly skilled and efficient.
Authority Managers must have the authority to give orders, but they must also keep in mind that with authority comes responsibility.
Discipline Discipline must be upheld in organizations, but methods for doing so can vary.
Unity of Command Employees should have only one direct supervisor.
Unity of Direction Teams with the same objective ....etc

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