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Name of Topic :-
FUNCTION OF MANAGEMENTFUNCTION OF MANAGEMENT
Sub: ManagementManagement
Prepared By :
Vrundit GarasiaVrundit Garasia
FUNCTIONFUNCTION
OFOF
MANAGEMENTMANAGEMENT
• PLANNING
• STAFFING
• ORGANIZING
• DIRECTING
• CONTROLLING
• Deciding in advance :
• What to do
• How to do
• When to do
• Who is going to do it
• Bridges a gap between where we are today and where
we want to reach.
• Sets the goal of an organization.
• It is the basic function of management. It deals with chalking
out a future course of action & deciding in advance the most
appropriate course of actions for achievement of pre-
determined goals.
• It is an exercise in problem solving & decision making.
Planning is determination of courses of action to achieve
desired goals.
• Thus, planning is a systematic thinking about ways & means
for accomplishment of pre-determined goals. Planning is
necessary to ensure proper utilization of human & non-human
resources. It is all pervasive, it is an intellectual activity and it
also helps in avoiding confusion, uncertainties
ORGANIZING
• It is the process of bringing together physical, financial
and human resources and developing productive
relationship amongst them for achievement of
organizational goals.
• According to Henry Fayol, “To organize a business is to
provide it with everything useful or its functioning i.e. raw
material, tools, capital and personnel’s”. To organize a
business involves determining & providing human and
non-human resources to the organizational structure.
• Establishing the framework of working:
• How many units or sub-units or departments are needed.
• How many posts or designations are needed in each department.
• How to distribute authority and responsibility among employees
• Once these decisions are taken, organizational structure
gets set up.
• Organizing as a process involves:
•Identification of activities.
•Classification of grouping of activities.
•Assignment of duties.
•Delegation of authority and creation of
responsibility.
•Coordinating authority and responsibility
relationships.
STAFFINGSTAFFING
• Recruiting, selecting, appointing the employees,
assigning duties, maintaining cordial relationship and
taking care of grievances of employees.
• Training and Development of employees, deciding their
remuneration, promotion and increments.
• Evaluting their performance.
• It is the function of manning the organization structure
and keeping it manned. Staffing has assumed greater
importance in the recent years due to advancement of
technology, increase in size of business, complexity of
human behavior etc. The main purpose o staffing is to
put right man on right job i.e. square pegs in square
holes and round pegs in round holes.
• Staffing involves:
• Manpower Planning (estimating man power in terms of
searching, choose the person and giving the right
place).
• Recruitment, selection & placement.
• Training & development.
• Remuneration.
• Performance appraisal.
• Promotions & transfer.
DIRECTINGDIRECTING
• Giving direction or instruction to employees to get the job
done.
• Leadership qualities are required.
• Motivating employees by providing monatory and non-
monetory incentives.
• Comunicating with them at regular intervals.
• It is that part of managerial function which actuates the
organizational methods to work efficiently for
achievement of organizational purposes. It is considered
life-spark of the enterprise which sets it in motion the
action of people because planning, organizing and
staffing are the mere preparations for doing the work.
Direction is that inert-personnel aspect of management
which deals directly with influencing, guiding, supervising,
motivating sub-ordinate for the achievement of
organizational goals.
• Supervision- implies overseeing the work of subordinates
by their superiors. It is the act of watching & directing work
& workers.
• Motivation- means inspiring, stimulating or encouraging
the sub-ordinates with zeal to work. Positive, negative,
monetary, non-monetary incentives may be used for this
purpose.
• Leadership- may be defined as a process by which
manager guides and influences the work of subordinates in
desired direction.
• Communications- is the process of passing information,
experience, opinion etc from one person to another. It is a
bridge of understanding
CONTROLLINGCONTROLLING
• Matching actual performance with the planed goal.
• If problem, tries to find out the reasons of deviation.
• Suggesting corrective measures come on the path of
plan
• It implies measurement of accomplishment against the
standards and correction of deviation if any to ensure
achievement of organizational goals. The purpose of
controlling is to ensure that everything occurs in
conformities with the standards. An efficient system of
control helps to predict deviations before they actually
occur. According to The o Haim ann, “Controlling is the
process of checking whether or not proper progress is
being made towards the objectives and goals and acting
if necessary, to correct any deviation”.
• Therefore controlling has following steps:
• Establishment of standard performance.
• Measurement of actual performance.
• Comparison of actual performance with the standards and finding
out deviation if any.
• Corrective action.
Henri Nestlé established Nestlé in 1867 in Switzerland
His first product was lactogen formula forinfants by
the name “Farine Lacteé”
“Nestlé” is a Swiss-German word which means “Little
Nest” which is its trademark
Nestlé is the worlds’ numberone food company
5th
largest company of the world according to its turn
over
• Nestlé's commitment to providing quality products to
Malaysians dates back almost 100 years ago.
• Nestlé began in Malaysia in 1912 as the Anglo-Swiss
Condensed Milk Company in Penang and later, growth and
expansion made a move to Kuala Lumpur necessary in
1939.
• Since 1962, with its first factory in Petaling Jaya, Nestlé
Malaysia now manufactures its products in 7 factories and
operates from its head office in Mutiara Damansara.
"Nestlé is the largest food company in the world. But,
more important to them is to be the world's leading
food company”.
PLANNING ORGANIZING CONTROLLINGLEADING
•Recognition
• R&D
•Plan
•Formulation
•Estimation
•People
•Process
•Situation
•Decentralized
•People oriented
•Motivating
activities
•Comparing of
Manufactured
products
Five function of management

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Five function of management

  • 1. Name of Topic :- FUNCTION OF MANAGEMENTFUNCTION OF MANAGEMENT Sub: ManagementManagement Prepared By : Vrundit GarasiaVrundit Garasia
  • 3. • PLANNING • STAFFING • ORGANIZING • DIRECTING • CONTROLLING
  • 4.
  • 5. • Deciding in advance : • What to do • How to do • When to do • Who is going to do it • Bridges a gap between where we are today and where we want to reach. • Sets the goal of an organization.
  • 6. • It is the basic function of management. It deals with chalking out a future course of action & deciding in advance the most appropriate course of actions for achievement of pre- determined goals. • It is an exercise in problem solving & decision making. Planning is determination of courses of action to achieve desired goals. • Thus, planning is a systematic thinking about ways & means for accomplishment of pre-determined goals. Planning is necessary to ensure proper utilization of human & non-human resources. It is all pervasive, it is an intellectual activity and it also helps in avoiding confusion, uncertainties
  • 8. • It is the process of bringing together physical, financial and human resources and developing productive relationship amongst them for achievement of organizational goals. • According to Henry Fayol, “To organize a business is to provide it with everything useful or its functioning i.e. raw material, tools, capital and personnel’s”. To organize a business involves determining & providing human and non-human resources to the organizational structure.
  • 9. • Establishing the framework of working: • How many units or sub-units or departments are needed. • How many posts or designations are needed in each department. • How to distribute authority and responsibility among employees • Once these decisions are taken, organizational structure gets set up.
  • 10. • Organizing as a process involves: •Identification of activities. •Classification of grouping of activities. •Assignment of duties. •Delegation of authority and creation of responsibility. •Coordinating authority and responsibility relationships.
  • 12. • Recruiting, selecting, appointing the employees, assigning duties, maintaining cordial relationship and taking care of grievances of employees. • Training and Development of employees, deciding their remuneration, promotion and increments. • Evaluting their performance.
  • 13. • It is the function of manning the organization structure and keeping it manned. Staffing has assumed greater importance in the recent years due to advancement of technology, increase in size of business, complexity of human behavior etc. The main purpose o staffing is to put right man on right job i.e. square pegs in square holes and round pegs in round holes.
  • 14. • Staffing involves: • Manpower Planning (estimating man power in terms of searching, choose the person and giving the right place). • Recruitment, selection & placement. • Training & development. • Remuneration. • Performance appraisal. • Promotions & transfer.
  • 16. • Giving direction or instruction to employees to get the job done. • Leadership qualities are required. • Motivating employees by providing monatory and non- monetory incentives. • Comunicating with them at regular intervals.
  • 17. • It is that part of managerial function which actuates the organizational methods to work efficiently for achievement of organizational purposes. It is considered life-spark of the enterprise which sets it in motion the action of people because planning, organizing and staffing are the mere preparations for doing the work. Direction is that inert-personnel aspect of management which deals directly with influencing, guiding, supervising, motivating sub-ordinate for the achievement of organizational goals.
  • 18. • Supervision- implies overseeing the work of subordinates by their superiors. It is the act of watching & directing work & workers. • Motivation- means inspiring, stimulating or encouraging the sub-ordinates with zeal to work. Positive, negative, monetary, non-monetary incentives may be used for this purpose. • Leadership- may be defined as a process by which manager guides and influences the work of subordinates in desired direction. • Communications- is the process of passing information, experience, opinion etc from one person to another. It is a bridge of understanding
  • 20. • Matching actual performance with the planed goal. • If problem, tries to find out the reasons of deviation. • Suggesting corrective measures come on the path of plan
  • 21. • It implies measurement of accomplishment against the standards and correction of deviation if any to ensure achievement of organizational goals. The purpose of controlling is to ensure that everything occurs in conformities with the standards. An efficient system of control helps to predict deviations before they actually occur. According to The o Haim ann, “Controlling is the process of checking whether or not proper progress is being made towards the objectives and goals and acting if necessary, to correct any deviation”.
  • 22. • Therefore controlling has following steps: • Establishment of standard performance. • Measurement of actual performance. • Comparison of actual performance with the standards and finding out deviation if any. • Corrective action.
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  • 25. Henri Nestlé established Nestlé in 1867 in Switzerland His first product was lactogen formula forinfants by the name “Farine Lacteé” “Nestlé” is a Swiss-German word which means “Little Nest” which is its trademark Nestlé is the worlds’ numberone food company 5th largest company of the world according to its turn over
  • 26. • Nestlé's commitment to providing quality products to Malaysians dates back almost 100 years ago. • Nestlé began in Malaysia in 1912 as the Anglo-Swiss Condensed Milk Company in Penang and later, growth and expansion made a move to Kuala Lumpur necessary in 1939. • Since 1962, with its first factory in Petaling Jaya, Nestlé Malaysia now manufactures its products in 7 factories and operates from its head office in Mutiara Damansara.
  • 27. "Nestlé is the largest food company in the world. But, more important to them is to be the world's leading food company”.
  • 28. PLANNING ORGANIZING CONTROLLINGLEADING •Recognition • R&D •Plan •Formulation •Estimation •People •Process •Situation •Decentralized •People oriented •Motivating activities •Comparing of Manufactured products