Real-Life Business Examples of Principles of Business Management

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Principles of business management are not theories but rather the way through which they come into real-life application through all forms in organizations in business. The practical applications are through companies, which then become efficient in decision-making and show long-term results. Below are some examples illustrating how firms apply several of these principles.

Division of work principle of management – McDonald’s

Example: the fast food restaurants worldwide McDonald’s use the division of work principle of management to have an efficient process.

  • A McDonald’s store splits employees into different roles, such as taking orders, preparing burgers, and packaging.
  • Division of work allows the employee to specialize, speed up and speed up, and prepare the food accurately.
  • Standardized processes allow McDonald’s to serve taste, quality, and services as one all over the world in thousands of locations.

Impact: Grounded on this principle, McDonald’s has streamlined efficiency, shortened the time a customer takes to stand in a queue, and retained the brand identity.

Tata Group Equity Principle of Management

Tata Group is one of the biggest business houses in India, so it follows equity management. It provides equity to all employees and does not make partiality.

  • Tata Group has an ethical work culture with gender diversity, equal pay, and career growth.
  • The company’s policies, training programs, and promotion criteria are all employee-friendly and fair, so spending feels valued.
  • Tata sustains equity since good human resources are retained, so job satisfaction is high and sustainable.

Effects: The Tata Group has maintained equity, enabling it to retain a comfortable working environment. Consequently, there is an enhancement in employee commitment, efficiency, and corporate reputation.

Discipline principle of Management – Infosys

Real-time Example: The best IT companies in India maintain sound discipline in their employees, making Infosys a classic example of a company dedicated to quality service delivery.

  • Employees maintain strict timelines, professional work ethics, and performance standards that ensure efficiency.
  • The company constantly conducts training, workshops, and quality checks to ensure discipline in the execution of projects.
  • Infosys has well-defined policies regarding working hours, ethics, and professional behaviour that have made it easy for employees to maintain a disciplined work culture.

Impact: Through maintaining its respect for discipline, Infosys has achieved the status of delivering projects on time, maintaining high client satisfaction, and becoming the preferred employer for IT professionals.

Initiative Principle of Management -Google

For instance, Google implemented the initiative principle of management, which instils responsibility and creative thinking in its employees when they do their tasks.

  • Google implemented the “20% rule.” Employees were given 20% of their working hours to do personal projects that may benefit the company.
  • The 20% initiative rule triggered innovations like Gmail, Google Maps, and AdSense.
  • The company provides an open working environment in which the employees are motivated to raise suggestions for improvement and experiment with new solutions.

Impact: Initiative promotion has enabled Google to remain at the technological forefront while attracting the best talent and continually innovating its products and services.

Tenure Stability- Toyota

Case: Toyota Company is the largest automobile manufacturing company that has ensured tenured stability by keeping the employees for a long time and developing them.

  • Toyota has broad employee training programs and career development so that the employees remain in the company for a long time.
  • The Kaizen philosophy of the company (continuous improvement) inspires the employees to raise their skills and contribute to innovation.
  • Toyota minimizes frequent layoffs and gives job security for an extended period, hence winning loyalty from employees and giving maximum work efficiency to the employees.

Effect: With this stability in tenure, Toyota had a competent workforce, reduced employee turnover, and ensured the quality of products for decades.

Unity of Direction-Apple

Apple Inc. maintains the unity of direction principle because all teams work toward a shared vision and goal.

  • Steve Jobs and later Tim Cook at Apple focused on excellence in the design of employee training programs
  • Coordination of hardware, software, marketing, and customer service departments smooths the user experience.
  • Company vision design, which is simple, innovative, and high-quality technology, is the guiding force of every employee in their work.

Effect: Because of its unity of direction, Apple can maintain its brand and out-of-the-box products and has topped the list of tech industries.

Usage in Present Business

The business management principles apply even today and guide organizations in operating their businesses. Let’s now see the opportunities in today’s business environment:

Usage in Start-ups

Startups base their initiative principle of management on encouraging a sense of personal responsibility products and trying out new concepts.

  • Equa factor helps a startup attract the best talent since most members do not mind lower salaries if they achieve equal growth with others.
  • A startup’s unity of direction principle ensures that all teams share a common vision for which to work.

Example: Zomato and Swiggy apply discipline divisions in food delivery to run an organization smoothly.

Large Corporations

The scalar chain principle is applied in large Corporations like Amazon, Google, and Microsoft because a smooth communication process is always maintained through a structured chain of command.

  • The ordering principle of management is implemented by utilising ERP systems that keep all the resources in order.
  • The remuneration principle has to be followed so that the employees will be motivated by competitive wages and bonuses.

Example: Amazon’s division of work is used in the warehouse, maximizing efficiency and reducing the delivery time in their warehouses.

Application in Government Departments

The ordering principle of management is used in government offices so that there will be structured appropriate documents and procedures.

  • Law enforcement agencies use it for discipline principles so that rules are followed strictly.
  • Tenure stability is used in public sector jobs to provide long-term job security and employee retention.

Indian RThe orders used the principle of unity of direction and ran the trains crossing the nation.

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