Planning organizing staffing leading and controlling pdf

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planning organizing staffing leading and controlling pdf

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While an accountant will always know quite clearly the expertise and responsibilities he or she has, a manager needs to have a much broader set of skills, with the tasks ranging depending on the business. Yet, management like all the other parts of the business have certain functions to guide the operations. To understand the functions of management, you must first examine what management is about.

What are the Functions of Management?

Management in some form or another is an integral part of living and is essential wherever human efforts are to be undertaken to achieve desired objectives. The basic ingredients of management are always at play, whether we manage our lives or business. Management is essential for an organized life and necessary to run all types of organizations. Planning 2. Organizing 3.

Staffing 4. Directing 5. The controlling function comprises coordination, reporting, and budgeting, and hence the controlling function can be broken into these three separate functions. But, Planning, Organizing, Staffing, Directing, and Controlling are widely recognized functions of management.

It is a rational and systematic way of making decisions today that will affect the future of the company. It is a kind of organized foresight as well as corrective hindsight. It involves predicting of the future as well as attempting to control the events. It involves the ability to foresee the effects of current actions in the long run in the future. An effective planning program incorporates the effect of both external as well as internal factors.

The external factors are shortages of resources; both capital and material, general economic trend as far as interest rates and inflation are concerned, dynamic technological advancements, increased governmental regulation regarding community interests, unstable international political environments, etc.

The internal factors that affect planning are limited growth opportunities due to saturation requiring diversification, changing patterns of the workforce, more complex organizational structures, decentralization, etc. Organizing requires a formal structure of authority and the direction and flow of such authority through which work subdivisions are defined, arranged and coordinated so that each part relates to the other part in a united and coherent manner so as to attain the prescribed objectives.

Staffing is the function of hiring and retaining a suitable work-force for the enterprise both at managerial as well as non-managerial levels. It involves the process of recruiting , training, developing, compensating and evaluating employees and maintaining this workforce with proper incentives and motivations. Since the human element is the most vital factor in the process of management , it is important to recruit the right personnel.

This function is even more critically important since people differ in their intelligence, knowledge, skills, experience, physical condition, age and attitudes, and this complicates the function. Hence, management must understand, in addition to the technical and operational competence, the sociological and psychological structure of the workforce. The directing function is concerned with leadership , communication , motivation , and supervision so that the employees perform their activities in the most efficient manner possible, in order to achieve the desired goals.

The leadership element involves issuing of instructions and guiding the subordinates about procedures and methods. The communication must be open both ways so that the information can be passed on to the subordinates and the feedback received from them. Motivation is very important since highly motivated people show excellent performance with less direction from superiors.

Supervising subordinates would lead to continuous progress reports as well as assure the superiors that the directions are being properly carried out. The function of control consists of those activities that are undertaken to ensure that the events do not deviate from the pre-arranged plans. The activities consist of establishing standards for work performance, measuring performance and comparing it to these set standards and taking corrective actions as and when needed, to correct any deviations.

All these five functions of management are closely interrelated. However, these functions are highly indistinguishable and virtually unrecognizable on the job.

It is necessary, though, to put each function separately into focus and deal with it. I am a mother of a lovely kid, and an avid fan technology, computing and management related topics. I hold a degree in MBA from well known management college in India. After completing my post graduation I thought to start a website where I can share management related concepts with rest of the people. Contents Five Functions of Management 1. Author Recent Posts.

Sonia Kukreja. Latest posts by Sonia Kukreja see all. All Rights Reserved. Close Search for: Search. Copy link. Copy Copied.

Functions of Management

Functions of management is a systematic way of doing things. Management is a process to emphasize that all managers, irrespective of their aptitude or skill, engage in some inter-related functions to achieve their desired goals. First; managers must set a plan, then organize resources according to the plan, lead employees to work towards the plan, and finally, control everything by monitoring and measuring the effectiveness of the plan. Looking ahead into the future and predict possible trends or occurrences which are likely to influence the working situation is the most vital quality as well as the job of a manager. Planning is decision making, regarding the goals and setting the future course of action from a set of alternatives to reach them. The plan helps to maintain managerial effectiveness as it works as a guide for the personnel for future activities. Selecting goals as well as the paths to achieve them is what planning involves.

All managers at all levels of every organization perform these functions, but the amount of time a manager spends on each one depends on both the level of management and the specific organization. A manager wears many hats. Not only is a manager a team leader, but he or she is also a planner, organizer, cheerleader, coach, problem solver, and decision maker — all rolled into one. And these are just a few of a manager's roles. Whether they're busy with employee meetings, unexpected problems, or strategy sessions, managers often find little spare time on their calendars. In his classic book, The Nature of Managerial Work, Henry Mintzberg describes a set of ten roles that a manager fills. These roles fall into three categories:.

You may take on a managerial role and need to familiarize yourself with management fundamentals. The functions of management are consistent regardless of the type of business or organization a manager works for. All managers perform the four basic functions of planning, organizing, leading and controlling, though some will spend more time on some functions than others depending on their managerial role in an organization. In this article, we will look at the basic functions of management and their importance in achieving organizational objectives. Looking to Hire? Post a Job on Indeed.

4 Functions of Management Process: Planning, Organizing, Leading, Controlling

Everything you need to know about the functions of management. Management is the process of getting things done through others. This process is identified in a set of functions performed by managers to accomplish the goals. Management in an organization plays a dominant role to achieve the targeted goals of profit maximization and increased market share. The main aim of management is to achieve the organisational goals while using the organisational resources most effectively.

Management in some form or another is an integral part of living and is essential wherever human efforts are to be undertaken to achieve desired objectives. The basic ingredients of management are always at play, whether we manage our lives or business. Management is essential for an organized life and necessary to run all types of organizations. Planning 2. Organizing 3.

For details on it including licensing , click here. This book is licensed under a Creative Commons by-nc-sa 3. See the license for more details, but that basically means you can share this book as long as you credit the author but see below , don't make money from it, and do make it available to everyone else under the same terms. This content was accessible as of December 29, , and it was downloaded then by Andy Schmitz in an effort to preserve the availability of this book.

Functions of Management – Planning, Organizing, Staffing and More

While drawing from a variety of academic disciplines, and to help managers respond to the challenge of creative problem solving, principles of management have long been categorized into the four major functions of planning, organizing, leading, and controlling the P-O-L-C framework. The four functions, summarized in the P-O-L-C figure, are actually highly integrated when carried out in the day-to-day realities of running an organization.

COMMENT 3

  • According to Henry Fayol, “To manage is to forecast and plan, to organize, to command, & to control”. Whereas Luther Gullick has given a keyword 'POSDCORB' where P stands for Planning, O for Organizing, S for Staffing, D for Directing, Co for Co-ordination, R for reporting & B for Budgeting. Aidan S. - 15.06.2021 at 02:07
  • With this man pdf free download fillers in english speaking pdf Wara E. - 19.06.2021 at 06:07
  • Management is considered a continuing activity made up of basic management functions which are Planning, Organising, Staffing, Directing and Controlling. The. Josephine C. - 19.06.2021 at 17:06

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