Henri Fayol's 14 Principles of Management Stability of Tenure of Personnel  Recognition that long-term employees develop skills that can improve orga
{"Image DocumentName": "Henri Fayol\u2019s 14 Principles of Management", "Image ImageDescription": "Stability of Tenure of Personnel. Recognition that long-term employees develop skills that can improve organizational efficiency. -Fayol believed that when employees stayed with an organization for extended periods of time, they develop skills that improve the organization\u2019s ability to utilize its resources. Example: Consider employees that grow within a company. Companies are often more willing to hire and promote from within because employees may already possess certain job function skills and technical knowledge of the applications, which usually leads to a lower cost of training. Furthermore, since the employee has already been exposed to the environment, he/she may be more well equipped to come up with the right approaches to handle certain situations.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}