Subordination of Individual Interest Principle of Management
According to the principle of subordination of individual interest in management, the interests of individual employees or groups should be subordinated or aligned with the organization’s larger objectives.
For an organization to function effectively, there must be coordination and a focus on achieving a common goal rather than individual preferences or agendas.
A few key points about the principle of subordination of individual interests are as follows:
Organizational Objectives:
Every organization strives to achieve specific goals and objectives. Depending on the nature of the organization, these objectives could include financial targets, market leadership, customer satisfaction, product innovation, and social impact.
Employees’ goals and interests should be aligned and supported by these broader organizational goals and objectives according to the principle of subordination of individual interests.