Principles

Management Principles

Management Principles Jonathan Poland

Management principles are fundamental guidelines or ideas that are adopted by an organization or team to guide their actions and decision-making. These principles often reflect the values and ethics of the organization and are used to shape its strategy and direction. Management principles serve as a foundation for the organization and help to ensure that it stays true to its mission and goals. They can also provide a framework for making decisions and solving problems. Overall, management principles are an important part of effective leadership and management.

General Principles
Foundational principles of management such as Henri Fayol’s principles of scientific management.

  • Business As Usual
  • Continuous Change
  • Essential Complexity
  • Fayol’s Principles
  • Law Of Holes
  • Structure Follows Strategy

Direction & Control
Principles related to directing teams and controlling resources.

  • Discipline
  • Expectation Setting
  • Fiduciary Duty
  • Heliotropic Effect
  • Management By Exception
  • Management By Objectives
  • Management By Walking Around
  • Productive Assumptions
  • Segregation Of Duties
  • SMART
  • Tone At The Top

Productivity & Efficiency
Principles related to productivity, efficiency and reduction of waste.

  • Diseconomies Of Scale
  • Division Of Labor
  • Economies Of Density
  • Economies Of Scale
  • Economies Of Scope
  • Keep It Simple Stupid
  • Keep It Small
  • Mise en Place
  • Pareto Principle
  • Single Tasking
  • Specialization Of Labor
  • Time Boxing

Economics
Principles of business economics that are relevant to management.

  • Bliss Point
  • Competitive Advantage
  • Competitive Differentiation
  • Competitive Disadvantage
  • Competitive Parity
  • Creative Destruction
  • Critical Mass
  • Economic Moat
  • Failure Demand
  • First-Mover Advantage
  • Regression Toward The Mean
  • Rule Of Three

Innovation & Creativity
Principles related to creativity, experimentation and innovation.

  • Category Killer
  • Creative Tension
  • Fail Often
  • Fail Well
  • Failure Of Imagination
  • How The World Became Fiction
  • Inventive Step
  • Last Responsible Moment
  • Minimum Viable Product
  • Motley Crew Principle
  • Naive Innovation
  • Non-Obviousness
  • Preserving Ambiguity
  • Ship Often
  • Test And Learn
  • There’s More Than One Way To Do It

Design Thinking
Design thinking is the use of design to develop strategy, solve problems and make decisions. This allows the principles of design to be applied to management.

  • Attractiveness Principle
  • Ban The Average
  • Fit For Purpose
  • Keep It Small
  • Less Is A Bore
  • Less Is More
  • More Is Different
  • Path Of Least Resistance
  • Principle Of Least Astonishment
  • Principle Of Least Effort
  • Worse Is Better

Sustainability
Principles related to good business such as reducing your negative impact on people and planet.

  • Do No Harm
  • Precautionary Principle
  • Right To Know
  • Think Global Act Local

Innovation Principles

Innovation Principles Jonathan Poland

Innovation principles are guidelines that an organization adopts as a basis for innovation activities. They are typically considered foundational policy that are intended to guide innovation decisions, culture, programs and projects. Here are some general principles that have achieved widespread adoption in this core area.

Creativity Of Constraints
The principle that well designed constraints often spark creative results. Counters the common idea that creativity is boundless and unrestricted. Most examples of works that are considered creative genius were developed in a framework of constraints. For example, music is almost always based on constraints such as a harmonic framework, chord progression, conventions, style, genre or tradition.

Customer Focus
Valuable innovations fulfill customer needs and wants.

Design For Scale
Designing things to be useful to a great number of people. Design for scale also implies that innovations benefit from economies of scale, meaning that unit cost drops as more is produced.

Design For Sustainability
Aligning design with the sustainability values of the organization such as designs that are reusable, made of low-impact materials, recyclable, resource efficient and produced without harmful byproducts.

Fail Often
Fail often is a method of innovation that tests a large number of fearless ideas with the reasonable expectation that most will fail and a few will succeed. According to the fail often method, a lack of failure is a sign that a company or department is not pushing hard enough to innovative.

Fair Well
Fail well is the design of tests to fail quickly, cheaply and safety. It is used by innovation methods such as fail often to minimize the impact of innovation testing.

Feedback Loop
An iterative process of using feedback from sources such as customers to quickly improve an innovation.

Innovation Ability
The principle that innovation is an ability that is related to other abilities such as problem solving, design and divergent thinking. Innovation is widely considered a tacit ability that is difficult to detect with standardized testing.

Innovation Culture
An organization’s values, norms, habits, history, symbols and work environment impact its ability to innovate. Based on the observation that some corporate cultures are able to generate a steady stream of valuable innovations while others struggle.

Innovation From Anywhere
The principle that innovation can come from anywhere. Typically applied by creating processes that are accessible to all the employees to submit innovations for evaluation and testing. In many cases, customers, partners and the community may also be invited to submit innovations. Such processes may include incentives for successful innovation.

Measure And Improve
The principle that each innovation be measurable. A means of measurement is often a basic criteria for accepting innovations for evaluation.

Mission Statement
A mission statement for the innovation program. Innovative organizations typically have a strong sense of mission.

Open Innovation
Innovation is shared in the open in order to harden designs with peer review and feedback.

Order Of Magnitude
The goal of innovation is to take leaps forward by creating things that are an order of magnitude better than the current state of the art.

Precautionary Principle
The principle that an innovation be generally accepted as safe and sustainable before being launched to the public or released into the environment.

Reuse And Improve
Innovation reuses existing knowledge, technology and resources where possible. Discourages the common perception that innovation is always greenfield. In many cases, valuable innovations are a slight variation of an existing product, service or process.

Ship Often
Innovation is shipped as quickly as possible and updated often to rapidly improve.

Test And Learn
Innovation is tested early and often. Analysis and insight into testing results is captured as knowledge.

Vision
A vision statement for the innovation program that paints a compelling picture of the future. In many cases, a principle is established that each innovation program is to publish a vision statement.

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