The 8 Management Principles
Customer Focus
Organizations depend on their customers and therefore should understand current and future customer needs, should meet requirements and strive to exceed customer expectations.
Leadership
Leaders establish unity of purpose and direction of the organization. They should create and maintain the internal environment in which people can become fully involved in achieving the organization’s objectives.
Involvement of People
People at all levels are the essence of an organization and their full involvement enables their abilities to be used for the organization’s benefit.
Process Approach
A desired result is achieved more efficiently when activities and related resources are managed as a process.
System approach to management
Identifying, understanding and managing interrelated processes as a system contributes to the organization’s effectiveness and efficiency in achieving its objectives.
Continual Improvement
Continual improvement of the organization’s overall performance should be a permanent objective of the organization.
Factual Approach to decision making
Effective decisions are based on the analysis of data and information.
Mutually beneficial supplier relationships
An organization and its suppliers are interdependent and a mutually beneficial relationship enhances the ability of both to create value.
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