What is Subordination of Individual Interest Principle?
The principle of subordination of individual interest in management states that the interests of the organization take precedence over individual interests. Managers must align and integrate individual goals with the overall objectives of the organization to achieve success.
When an employee’s personal interests conflict with the organizational goals, they must prioritize the organization’s interests. This principle emphasizes the importance of harmonizing individual and organizational objectives.
Managers should strive to reconcile the goals of both the individual and the organization, fostering satisfaction and efficiency among employees. By prioritizing collective interests, managers create a harmonious work environment, where individual objectives are achieved alongside organizational goals.
This principle recognizes that when individuals work towards the success of the organization, they also benefit in the long run.
Benefits of Subordination of Individual Interest into General Interest Principle
The followings are the major importance of the principle of subordination of individual interest.
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Alignment and Cohesion
The subordination of individual interest to general interest principle promotes alignment and cohesion within the organization. When employees prioritize the interests of the organization over their own, it creates a unified focus toward achieving common goals. This alignment fosters teamwork, collaboration, and a sense of unity among employees.
Goal Achievement
By subordinating individual interests to the general interest, organizations can effectively work towards achieving their objectives. When employees are motivated to contribute to the overall success of the organization, it increases the likelihood of attaining desired outcomes and meeting targets.
This principle ensures that individual efforts are directed toward the collective progress of the organization.
Increased Efficiency and Productivity
When individuals subdue their personal interests in favor of the organization’s goals, it enhances efficiency and productivity.
Employees are more likely to prioritize tasks and decisions that contribute to the greater good of the organization. This focus on the general interest helps eliminate distractions and promotes a more productive work environment.
Harmonious Work Environment
The principle of subordination of individual interest fosters a harmonious work environment. When employees understand and accept the need to prioritize organizational goals, it reduces conflicts and promotes cooperation. This leads to improved working relationships, mutual respect, and a positive organizational culture.
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By profession, Sujan Chaudhary is a BBA (Bachelor in Business Administration) graduate, and by passion a blogger. He loves to share his business knowledge with the rest of the world. While not writing, he will be found reading and exploring the world.