Practicing Success
........................... necessitates impersonalisation of managerial conduct so that managerial power is used with due discretion. |
Optimum utilisation of resources Effective administration Personal prejudices Cause and effect relationships |
Effective administration |
Effective administration necessitates impersonalisation of managerial conduct so that managerial power is used with due discretion. Principles of management limit the boundary of managerial discretion so that their decisions may be free from personal prejudices and biases. For example, in deciding the annual budgets for different departments, rather than personal preferences, managerial discretion is bounded by the principle of contribution to organisational objectives. |