Five functions of management focus on the relationship between personnel and its management and they provide points of reference so that problems can be solved in a creative manner.
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Five functions of management
1. FIVE FUNCTIONS OF MANAGEMENT
These functions separate
the management process from other
business functions such as marketing,
accounting and finance.
Each of the functions of
management is related to each
other and the functions
complement each other.
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3 4
5
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Planning
ControllingOrganizing
Commanding Coordinating
PRESENTED BY NEW DELHI INSTITUTE OF MANAGEMENT
2. FIVE FUNCTIONS OF MANAGEMENT
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Under the process of planning, the objectives of the
organization are defined in simple and clear words.
Planning is always done for future and future is
uncertain. With the help of planning, possible
changes in future are anticipated and various
activities are planned in the best possible way.
Under planning, future activities are planned in order
to achieve objectives. Consequently, the problems of
when, where, what and why are almost decided.
It is clear that planning selects the best alternative
out of the many available. All these alternatives do
not come to the manager on their own, but they have
to be discovered.
Planning01
3. FIVE FUNCTIONS OF MANAGEMENT
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Organizing is the function of management that
involves developing an organizational structure
and allocating human resources to ensure the
accomplishment of objectives. The structure of
the organization is the framework within which
effort is coordinated.
Organizing02
4. FIVE FUNCTIONS OF MANAGEMENT
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Optimizing return from all employees to
benefit the entire enterprise is important.
The most successful managers have personal
integrity, communicate clearly and base their
judgments on regular audits. They create
unity, energy, initiative and loyalty and
eliminate incompetence.
Commanding03
5. FIVE FUNCTIONS OF MANAGEMENT
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Coordinating function of the management
consists of inter-relating the various parts of the
work as well as the work of different
departments. It involves coordinating the various
job roles and responsibilities of the employees so
that they have good relationship with the co-
employees while delivering the output. It also
consists of developing relationship with
stakeholders and the environment under which
the organization operates.
Coordinating04
6. FIVE FUNCTIONS OF MANAGEMENT
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Controlling consists of verifying whether
everything occurs in conformities with the plans
adopted, instructions issued and principles
established. Controlling ensures that there is
effective and efficient utilization of
organizational resources so as to achieve the
planned goals. Controlling measures the
deviation of actual performance from the
standard performance, discovers the causes of
such deviations and helps in taking corrective
actions.
Controlling05
7. FIVE FUNCTIONS OF MANAGEMENT
1
2 5
3 4
Planning
Planning is the ongoing process of
developing the business's
mission and objectives and
determining how they will be
accomplished.
Organizing
Organizing is an essential function of
management. It is the process of
accumulating resources from different
sources in order to work according to
the plans laid out by the management.
Commanding
The commanding of subordinates should
always be consistent with company policies,
and every manager should treat subordinates in
line with the standards of the company.
Coordinating
coordinating function is the orderly
arrangement of individual and group
efforts to provide unity of action in the
pursuit of a common goal.
Controlling
Controlling is a function in which the performance of
the organization is measured and then evaluated
after which the standard observed is determined to
be either good or bad, which then in turn leads to
taking preventive and corrective measures.