FunctionS of management
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Planning involves establishing relationships between facts and activities to achieve predetermined objectives. Organizing establishes authority and responsibility structures to execute plans. Staffing involves hiring the right employees with the right qualifications. Directing guides and supervises employees to achieve objectives. Coordination is needed at every management stage to ensure work is completed without duplication. Reporting keeps open communication channels to share information and monitor progress. Budgeting allocates resources in advance and holds employees accountable for their use.
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Management & its functions
Management involves five key functions: planning, organizing, staffing, directing, and controlling. Planning involves looking ahead and drawing up a good plan of action. Organizing means building a well-organized structure with a good division of tasks. Staffing is hiring and retaining a suitable workforce. Directing provides leadership, communication, motivation and supervision. Controlling measures performance against standards and takes corrective action. Management is important because it allows organizations to accomplish goals efficiently through better decision making, which can increase profits. While an art that uses skills, management is also considered a science with principles and a social science dealing with human elements. However, management has not fully achieved professional status.
Planning
The document defines planning as determining a course of action to achieve desired results. It is a process that involves looking to the future and selecting actions. Planning provides a framework for managing, motivating, and controlling an organization. It is a prerequisite for effective management. Planning bridges the gap between current and desired states by deciding what to do, how to do it, where, and by whom. Planning helps organizations choose the right path and improves efficiency, coordination, decision-making, and innovation. Plans can be standing, single-use, objectives, policies, strategies, procedures, rules, programs, budgets or schedules. Planning occurs on long-term and short-term horizons and at strategic, operational, and functional levels. The
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FUNCTIONS OF MANAGEMENT
Planning involves determining courses of action to achieve goals, setting goals for an organization, and deciding in advance what to do, how to do it, when to do it, and who will do it. Organizing is bringing together resources and developing relationships among them to achieve goals. It involves determining organizational structure. Staffing involves acquiring, training, and maintaining employees. Directing includes giving instructions, leading, motivating, and communicating with employees. Controlling matches actual performance to plans, identifies deviations, and suggests corrective actions.
Planning and organizing at supervisory level
This will help people who seek for the basic function of Management at basic level. they will understand the each concept of planning and organizing functions in this presentation.
Planning
- Planning involves looking ahead and determining future courses of action. It establishes what needs to be done, how it will be done, and who will do it.
- Planning bridges the gap between the present and where the organization wants to go in the future. It makes things happen that otherwise would not.
- Some key characteristics of planning include that it is goal-oriented, involves looking ahead and preparation for the future, requires intellectual and analytical thought, involves decision making among alternatives, and is a continuous process as plans need regular review.
Functions of management
Management involves planning, organizing, staffing, directing, and controlling resources to achieve organizational goals. The key functions of management include planning strategies and goals, organizing job roles and tasks, staffing positions with qualified employees, directing employees by communicating goals and overseeing progress, and controlling performance by monitoring progress and taking corrective actions. Functional management groups the organization into specialized functions like finance, marketing, and engineering, with managers leading each functional area.
Functions of administration
This document discusses the functions of administration, specifically planning and controlling. It defines administration and outlines its key functions. Planning involves deciding actions in advance to achieve objectives, and is important for coordination and control. Organizing establishes responsibility and authority to achieve objectives. Staffing, directing, coordinating, budgeting and controlling are also outlined as important administrative functions. Control involves establishing standards, measuring performance, comparing to standards, and taking corrective actions.
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Management & its functions
Management involves five key functions: planning, organizing, staffing, directing, and controlling. Planning involves looking ahead and drawing up a good plan of action. Organizing means building a well-organized structure with a good division of tasks. Staffing is hiring and retaining a suitable workforce. Directing provides leadership, communication, motivation and supervision. Controlling measures performance against standards and takes corrective action. Management is important because it allows organizations to accomplish goals efficiently through better decision making, which can increase profits. While an art that uses skills, management is also considered a science with principles and a social science dealing with human elements. However, management has not fully achieved professional status.
Planning
The document defines planning as determining a course of action to achieve desired results. It is a process that involves looking to the future and selecting actions. Planning provides a framework for managing, motivating, and controlling an organization. It is a prerequisite for effective management. Planning bridges the gap between current and desired states by deciding what to do, how to do it, where, and by whom. Planning helps organizations choose the right path and improves efficiency, coordination, decision-making, and innovation. Plans can be standing, single-use, objectives, policies, strategies, procedures, rules, programs, budgets or schedules. Planning occurs on long-term and short-term horizons and at strategic, operational, and functional levels. The
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FUNCTIONS OF MANAGEMENT
Planning involves determining courses of action to achieve goals, setting goals for an organization, and deciding in advance what to do, how to do it, when to do it, and who will do it. Organizing is bringing together resources and developing relationships among them to achieve goals. It involves determining organizational structure. Staffing involves acquiring, training, and maintaining employees. Directing includes giving instructions, leading, motivating, and communicating with employees. Controlling matches actual performance to plans, identifies deviations, and suggests corrective actions.
Planning and organizing at supervisory level
This will help people who seek for the basic function of Management at basic level. they will understand the each concept of planning and organizing functions in this presentation.
Planning
- Planning involves looking ahead and determining future courses of action. It establishes what needs to be done, how it will be done, and who will do it.
- Planning bridges the gap between the present and where the organization wants to go in the future. It makes things happen that otherwise would not.
- Some key characteristics of planning include that it is goal-oriented, involves looking ahead and preparation for the future, requires intellectual and analytical thought, involves decision making among alternatives, and is a continuous process as plans need regular review.
Functions of management
Management involves planning, organizing, staffing, directing, and controlling resources to achieve organizational goals. The key functions of management include planning strategies and goals, organizing job roles and tasks, staffing positions with qualified employees, directing employees by communicating goals and overseeing progress, and controlling performance by monitoring progress and taking corrective actions. Functional management groups the organization into specialized functions like finance, marketing, and engineering, with managers leading each functional area.
Functions of administration
This document discusses the functions of administration, specifically planning and controlling. It defines administration and outlines its key functions. Planning involves deciding actions in advance to achieve objectives, and is important for coordination and control. Organizing establishes responsibility and authority to achieve objectives. Staffing, directing, coordinating, budgeting and controlling are also outlined as important administrative functions. Control involves establishing standards, measuring performance, comparing to standards, and taking corrective actions.
Basic management skills
The document discusses the basic skills needed for management, including planning, organizing, staffing, directing, coordinating, and reporting. It emphasizes that human interaction skills like respect, understanding, and involvement are also necessary for management. The document also provides information on different types of plans, organizing, staffing, directing, coordinating, and reporting activities, and the need for clear and concise reporting.
Basic mgmt skills for Librarians
This document discusses various aspects of management. It outlines the five main functions of management as planning, organizing, staffing, directing, and coordinating. It also discusses different management styles like management by communication, systems, results, participation, motivation, and exception. The document emphasizes the importance of setting goals, reviewing performance, encouraging responsibility, and involving managers. It highlights that management requires understanding human behavior through respect, listening, and involvement. Overall, the document provides an overview of key aspects of management like functions, styles, goals, and human interaction skills.
What Are The Principles Of Human Resource Planning?
Human resource planning has several key principles: it must be integrated with other organizational plans, have support from senior management, and include a central planning unit for large organizations. The time span and level of detail in plans should be defined based on the organization's size, with separate department-level plans for large organizations. Planning requires using the most accurate workforce information available and determines recruitment needs while also focusing on training, succession planning, and balancing workforce costs.
planning and characteristics of sound plan in management
Planning is deciding in advance what actions need to be taken, including when, where, how, and by whom, in order to achieve goals. It involves intellectual processes like forecasting, problem-solving, decision-making, and policy development. Effective planning is participatory, involving people at all organizational levels, and establishes priorities and strategies to transition from the current state to the desired future state.
Unit 3-planning
Planning is a primary function of management that focuses on future courses of action. It involves setting objectives, analyzing alternatives, and making decisions. The key steps in the planning process are: 1) Analyzing opportunities and threats, 2) Setting objectives, 3) Determining assumptions about the future, 4) Identifying alternative actions, 5) Evaluating alternatives, 6) Selecting an action plan, 7) Formulating subordinate plans, 8) Implementing plans, and 9) Reviewing results. Planning establishes a framework for achieving goals efficiently and on schedule.
Planning ppt on 11 2-12
Planning is the fundamental function of management that involves anticipating the future and determining a course of action to achieve goals. It is goal-oriented, primary, pervasive across managers and organizations, intellectual involving imagination and adjustment, continuous as assumptions change, forward-looking to consider the future, and involves choice through decision making. The objectives of planning are to focus on objectives and results, reduce uncertainty and change, provide direction, encourage innovation, help with coordination, guide decision making, enable decentralization, provide economy, and facilitate control.
Meaning of planning, features of planning
Planning involves deciding in advance for future events. It is a forward-looking process that organizations use to bring certainty to present activities and have confidence in forecasting future events.
Some key features of planning include that it is goal-oriented, forward-looking, and provides choices for how an organization can carry out activities in the most effective way. Planning is also considered the primary function of management, as organizing, staffing, directing, and controlling are done after planning. Additionally, planning is a continuous, pervasive, and dynamic process that can change based on internal or external factors affecting an organization.
Planning and organising
This document discusses the importance of planning and organization, outlining key aspects to consider like roles, prioritization, time management, and risk assessment. It emphasizes deciding objectives, assigning responsibilities, and focusing on urgent and important tasks. Examples provided include planning an award ceremony, sports event, or fundraising. The overall message is that effective planning and organization are necessary to achieve goals and ensure events run smoothly.
Planning
This document discusses various aspects of planning including types, methods, definitions, process, importance and limitations. It discusses four main types of planning: strategic, organizational, operational and environmental. It outlines top-down, bottom-up and composite as key planning methods. Planning is defined as deciding in advance what is to be done to achieve goals. The planning process involves analysis, objective setting, forecasting, alternative actions, review and evaluation. Planning is important as it helps focus on goals, minimize risks, set standards, encourage innovation and reduce waste. However, planning also has limitations such as being expensive, time-consuming and difficult with lack of reliable data or rapid environmental changes.
Definition of planning and its features
Planning involves deciding in advance how to approach future events. It allows organizations to forecast potential outcomes and make choices to increase certainty. Some key characteristics of planning include:
- Planning is goal-oriented and forward-looking, aimed at forecasting the future.
- It is a continuous and dynamic process that occurs at all levels of management. Planning also provides alternatives and choices for how activities can be carried out.
- Planning serves as the primary function that other management functions like organizing and staffing build upon. It is integral to all operations within an organization.
Management Functions jbb 3
The document discusses management functions and the POSDCORB model. It defines POSDCORB as an acronym created by Luther Gulick comprising the main functions of management: Planning, Organizing, Staffing, Directing, Coordinating, Reporting, and Budgeting. It then explains each function in the POSDCORB model and the different levels of management, including their typical responsibilities.
Planning and Steps in Planning ppt by Arun Joseph MLISc
The document discusses the concept of planning in management. It defines planning as selecting objectives and actions to achieve goals by looking ahead. Effective planning involves establishing objectives and premises, considering alternative courses of action, developing derivative plans, securing cooperation in implementation, and evaluating the results. Planning bridges the gap between current and desired future states and facilitates management by preparing for uncertainties. It is important but time-consuming and success depends on external factors outside one's control.
planning nature
This document discusses the nature and concepts of planning in management. It defines planning as the process of thinking about and organizing activities to achieve goals. Planning is a basic management function that includes formulating detailed plans to balance needs with available resources. Planning provides security, organization, and direction for companies by setting expectations and regulations. There are long-term and short-term plans at strategic, tactical, and operational levels. Effective planning is challenging due to expenses, inflexibility with changes, difficulty formulating accurate assumptions, and potential resistance from people.
Planning
Planning
Planning is an intellectual process of making decisions and it aims to achieve a co ordinate and consistent set of operations aimed at desired objectives. Planning is essentially a process of making choice between available alternatives at all levels of decision making.
Planning presentation
Group members: Muhammad Younus, Faizan Hanif, Syed Atif Ali, Aunoon
The document discusses the principles and functions of management, focusing on planning. It defines planning as looking ahead and outlining future courses of action. Planning is a preparatory process that determines who will perform specific jobs, when, and how. It is goal-oriented, involves decision making, and is a continuous and flexible process that serves as a foundation for other management functions like organizing, staffing, directing, and controlling. Plans must be reviewed periodically and revised in response to changing business conditions.
Introduction to planning
Planning is important for project management and time management. It involves preparing action steps to achieve goals and reduces necessary time and effort. A plan provides visibility into progress towards goals. Planning helps avoid inefficient efforts and potential problems. When writing an action plan, one should clarify goals, generate action ideas, prioritize key steps, organize the plan, and regularly monitor and review progress. While forms can help with initial goal setting, over time a flexible digital system better supports adjusting goals and objectives in response to new information.
Planning
This document discusses the importance of planning and outlines the planning process. It defines planning as deciding actions in the present to achieve future objectives. Good planning is objective-oriented, continuous, flexible, and helps coordinate efforts across an organization. The planning process involves analyzing the environment, setting objectives and forecasts, evaluating alternative actions, and establishing programs to implement the selected plan. Periodic review allows plans to adapt to changing circumstances. Failing to plan properly can lead an organization to fail to achieve its goals.
Nature and concepts of planning
The document discusses the concepts and types of planning. It defines planning as the process of thinking about and organizing activities to achieve goals. There are different types of plans including:
- Strategic plans which are long-term plans created by top managers to achieve organizational goals.
- Tactical plans which support strategic plans by translating them into specific area plans.
- Operational plans which focus on procedures and processes at the lowest organizational levels.
- Contingency plans which provide alternative courses of action if original plans fail.
The document also outlines characteristics and principles of effective planning such as being future oriented, goal focused, and requiring teamwork. Barriers to planning include the time and expense required as well as potential restrictions
Kavya [compatibility mode]
1. The document discusses the key functions of management which include planning, organizing, staffing, directing, and controlling.
2. It provides details on each function such as the definition, steps involved, importance, and limitations. For example, it states that planning involves deciding in advance what is to be done, how to do it, when to do it, and who is to do it.
3. The document also explains concepts like the importance of organizing is to facilitate growth and maintain a harmonious structure in the office. Staffing aims to obtain competent employees for jobs and improve output through matching the right employees to the right jobs.
Plannning and Types of planning
This document provides an overview of different types of planning, their advantages, and limitations. It discusses strategic planning which covers long term goals over 3-5 years, and operational planning which focuses on short term goals under one year. Planning has advantages like facilitating management by objectives, minimizing uncertainties, improving coordination, and encouraging innovations. However, planning can also be costly, time consuming, provide a false sense of security given uncertainties, and be challenging with rapid changes. The document aims to educate on various aspects of organizational planning.
Principles Of Management (KTU)
Management can be defined as the process of planning, organizing, staffing, leading and controlling organizational resources to achieve organizational goals in an efficient and effective manner. It involves coordinating the efforts of people and using available resources to achieve desired goals. Management occurs at three levels in organizations - top level, middle level, and lower level. The key functions of management include planning, organizing, staffing, directing and controlling. Management is both a science and an art as it involves both a systematic body of knowledge as well as practical application of skills. Organizations must understand and adapt to various internal and external environmental factors that influence their operations.
MANAGEMENT FUNCTIONS hgvbbffvhggvbbhhhhhhb
The document discusses the four main functions of management: planning, organizing, leading, and controlling. It provides details on each function:
- Planning involves determining goals and objectives and strategies to meet them. It bridges the gap from current state to desired future state.
- Organizing is arranging resources and developing relationships to accomplish goals. It involves identifying activities, grouping activities, assigning duties, and coordinating relationships.
- Leading provides direction and vision. It includes supervising, motivating, and communicating with subordinates.
- Controlling measures performance against standards, identifies deviations, and takes corrective action. It is an ongoing process of checking progress and ensuring plans are accomplished.
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Basic management skills
The document discusses the basic skills needed for management, including planning, organizing, staffing, directing, coordinating, and reporting. It emphasizes that human interaction skills like respect, understanding, and involvement are also necessary for management. The document also provides information on different types of plans, organizing, staffing, directing, coordinating, and reporting activities, and the need for clear and concise reporting.
Basic mgmt skills for Librarians
This document discusses various aspects of management. It outlines the five main functions of management as planning, organizing, staffing, directing, and coordinating. It also discusses different management styles like management by communication, systems, results, participation, motivation, and exception. The document emphasizes the importance of setting goals, reviewing performance, encouraging responsibility, and involving managers. It highlights that management requires understanding human behavior through respect, listening, and involvement. Overall, the document provides an overview of key aspects of management like functions, styles, goals, and human interaction skills.
What Are The Principles Of Human Resource Planning?
Human resource planning has several key principles: it must be integrated with other organizational plans, have support from senior management, and include a central planning unit for large organizations. The time span and level of detail in plans should be defined based on the organization's size, with separate department-level plans for large organizations. Planning requires using the most accurate workforce information available and determines recruitment needs while also focusing on training, succession planning, and balancing workforce costs.
planning and characteristics of sound plan in management
Planning is deciding in advance what actions need to be taken, including when, where, how, and by whom, in order to achieve goals. It involves intellectual processes like forecasting, problem-solving, decision-making, and policy development. Effective planning is participatory, involving people at all organizational levels, and establishes priorities and strategies to transition from the current state to the desired future state.
Unit 3-planning
Planning is a primary function of management that focuses on future courses of action. It involves setting objectives, analyzing alternatives, and making decisions. The key steps in the planning process are: 1) Analyzing opportunities and threats, 2) Setting objectives, 3) Determining assumptions about the future, 4) Identifying alternative actions, 5) Evaluating alternatives, 6) Selecting an action plan, 7) Formulating subordinate plans, 8) Implementing plans, and 9) Reviewing results. Planning establishes a framework for achieving goals efficiently and on schedule.
Planning ppt on 11 2-12
Planning is the fundamental function of management that involves anticipating the future and determining a course of action to achieve goals. It is goal-oriented, primary, pervasive across managers and organizations, intellectual involving imagination and adjustment, continuous as assumptions change, forward-looking to consider the future, and involves choice through decision making. The objectives of planning are to focus on objectives and results, reduce uncertainty and change, provide direction, encourage innovation, help with coordination, guide decision making, enable decentralization, provide economy, and facilitate control.
Meaning of planning, features of planning
Planning involves deciding in advance for future events. It is a forward-looking process that organizations use to bring certainty to present activities and have confidence in forecasting future events.
Some key features of planning include that it is goal-oriented, forward-looking, and provides choices for how an organization can carry out activities in the most effective way. Planning is also considered the primary function of management, as organizing, staffing, directing, and controlling are done after planning. Additionally, planning is a continuous, pervasive, and dynamic process that can change based on internal or external factors affecting an organization.
Planning and organising
This document discusses the importance of planning and organization, outlining key aspects to consider like roles, prioritization, time management, and risk assessment. It emphasizes deciding objectives, assigning responsibilities, and focusing on urgent and important tasks. Examples provided include planning an award ceremony, sports event, or fundraising. The overall message is that effective planning and organization are necessary to achieve goals and ensure events run smoothly.
Planning
This document discusses various aspects of planning including types, methods, definitions, process, importance and limitations. It discusses four main types of planning: strategic, organizational, operational and environmental. It outlines top-down, bottom-up and composite as key planning methods. Planning is defined as deciding in advance what is to be done to achieve goals. The planning process involves analysis, objective setting, forecasting, alternative actions, review and evaluation. Planning is important as it helps focus on goals, minimize risks, set standards, encourage innovation and reduce waste. However, planning also has limitations such as being expensive, time-consuming and difficult with lack of reliable data or rapid environmental changes.
Definition of planning and its features
Planning involves deciding in advance how to approach future events. It allows organizations to forecast potential outcomes and make choices to increase certainty. Some key characteristics of planning include:
- Planning is goal-oriented and forward-looking, aimed at forecasting the future.
- It is a continuous and dynamic process that occurs at all levels of management. Planning also provides alternatives and choices for how activities can be carried out.
- Planning serves as the primary function that other management functions like organizing and staffing build upon. It is integral to all operations within an organization.
Management Functions jbb 3
The document discusses management functions and the POSDCORB model. It defines POSDCORB as an acronym created by Luther Gulick comprising the main functions of management: Planning, Organizing, Staffing, Directing, Coordinating, Reporting, and Budgeting. It then explains each function in the POSDCORB model and the different levels of management, including their typical responsibilities.
Planning and Steps in Planning ppt by Arun Joseph MLISc
The document discusses the concept of planning in management. It defines planning as selecting objectives and actions to achieve goals by looking ahead. Effective planning involves establishing objectives and premises, considering alternative courses of action, developing derivative plans, securing cooperation in implementation, and evaluating the results. Planning bridges the gap between current and desired future states and facilitates management by preparing for uncertainties. It is important but time-consuming and success depends on external factors outside one's control.
planning nature
This document discusses the nature and concepts of planning in management. It defines planning as the process of thinking about and organizing activities to achieve goals. Planning is a basic management function that includes formulating detailed plans to balance needs with available resources. Planning provides security, organization, and direction for companies by setting expectations and regulations. There are long-term and short-term plans at strategic, tactical, and operational levels. Effective planning is challenging due to expenses, inflexibility with changes, difficulty formulating accurate assumptions, and potential resistance from people.
Planning
Planning
Planning is an intellectual process of making decisions and it aims to achieve a co ordinate and consistent set of operations aimed at desired objectives. Planning is essentially a process of making choice between available alternatives at all levels of decision making.
Planning presentation
Group members: Muhammad Younus, Faizan Hanif, Syed Atif Ali, Aunoon
The document discusses the principles and functions of management, focusing on planning. It defines planning as looking ahead and outlining future courses of action. Planning is a preparatory process that determines who will perform specific jobs, when, and how. It is goal-oriented, involves decision making, and is a continuous and flexible process that serves as a foundation for other management functions like organizing, staffing, directing, and controlling. Plans must be reviewed periodically and revised in response to changing business conditions.
Introduction to planning
Planning is important for project management and time management. It involves preparing action steps to achieve goals and reduces necessary time and effort. A plan provides visibility into progress towards goals. Planning helps avoid inefficient efforts and potential problems. When writing an action plan, one should clarify goals, generate action ideas, prioritize key steps, organize the plan, and regularly monitor and review progress. While forms can help with initial goal setting, over time a flexible digital system better supports adjusting goals and objectives in response to new information.
Planning
This document discusses the importance of planning and outlines the planning process. It defines planning as deciding actions in the present to achieve future objectives. Good planning is objective-oriented, continuous, flexible, and helps coordinate efforts across an organization. The planning process involves analyzing the environment, setting objectives and forecasts, evaluating alternative actions, and establishing programs to implement the selected plan. Periodic review allows plans to adapt to changing circumstances. Failing to plan properly can lead an organization to fail to achieve its goals.
Nature and concepts of planning
The document discusses the concepts and types of planning. It defines planning as the process of thinking about and organizing activities to achieve goals. There are different types of plans including:
- Strategic plans which are long-term plans created by top managers to achieve organizational goals.
- Tactical plans which support strategic plans by translating them into specific area plans.
- Operational plans which focus on procedures and processes at the lowest organizational levels.
- Contingency plans which provide alternative courses of action if original plans fail.
The document also outlines characteristics and principles of effective planning such as being future oriented, goal focused, and requiring teamwork. Barriers to planning include the time and expense required as well as potential restrictions
Kavya [compatibility mode]
1. The document discusses the key functions of management which include planning, organizing, staffing, directing, and controlling.
2. It provides details on each function such as the definition, steps involved, importance, and limitations. For example, it states that planning involves deciding in advance what is to be done, how to do it, when to do it, and who is to do it.
3. The document also explains concepts like the importance of organizing is to facilitate growth and maintain a harmonious structure in the office. Staffing aims to obtain competent employees for jobs and improve output through matching the right employees to the right jobs.
Plannning and Types of planning
This document provides an overview of different types of planning, their advantages, and limitations. It discusses strategic planning which covers long term goals over 3-5 years, and operational planning which focuses on short term goals under one year. Planning has advantages like facilitating management by objectives, minimizing uncertainties, improving coordination, and encouraging innovations. However, planning can also be costly, time consuming, provide a false sense of security given uncertainties, and be challenging with rapid changes. The document aims to educate on various aspects of organizational planning.
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Principles Of Management (KTU)
Management can be defined as the process of planning, organizing, staffing, leading and controlling organizational resources to achieve organizational goals in an efficient and effective manner. It involves coordinating the efforts of people and using available resources to achieve desired goals. Management occurs at three levels in organizations - top level, middle level, and lower level. The key functions of management include planning, organizing, staffing, directing and controlling. Management is both a science and an art as it involves both a systematic body of knowledge as well as practical application of skills. Organizations must understand and adapt to various internal and external environmental factors that influence their operations.
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The document discusses the four main functions of management: planning, organizing, leading, and controlling. It provides details on each function:
- Planning involves determining goals and objectives and strategies to meet them. It bridges the gap from current state to desired future state.
- Organizing is arranging resources and developing relationships to accomplish goals. It involves identifying activities, grouping activities, assigning duties, and coordinating relationships.
- Leading provides direction and vision. It includes supervising, motivating, and communicating with subordinates.
- Controlling measures performance against standards, identifies deviations, and takes corrective action. It is an ongoing process of checking progress and ensuring plans are accomplished.
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The document outlines the key functions of management which include planning, organizing, staffing, directing, controlling, and coordinating. It provides details on each function: planning involves setting objectives and procedures to achieve goals; organizing is developing the organizational structure and assigning resources; staffing is recruiting and developing employees; directing includes supervising, motivating, and providing leadership; controlling compares actual to planned performance and takes corrective actions; and coordinating ensures all units work in harmony. The functions are essential for creating an effective work environment and achieving organizational goals.
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Management of a modern business requires performing many complex functions to achieve organizational objectives. These functions include planning activities in advance, organizing resources and relationships to achieve specific goals, staffing the organization by recruiting and developing the right personnel, directing employees by instructing and motivating them, and controlling operations by monitoring performance against plans. Effective management bridges objectives to attainment through proper planning, communication, and oversight of all functions.
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A manager is responsible for planning, directing work, monitoring work, and taking corrective action. They play interpersonal, informational, decisional, and figurehead roles. The key functions of a manager include planning, organizing, staffing, directing, and controlling. Planning involves determining objectives and future actions. Organizing arranges resources to achieve objectives. Staffing involves recruiting, selecting, training, and compensating employees. Directing includes guiding, supervising, leading, motivating, and communicating with subordinates. Controlling ensures activities are on track to meet goals by setting standards, measuring performance, and taking corrective action. Managers are responsible for accomplishing objectives, maintaining staff, ensuring a safe work environment, developing growth
MANAGEMENT FUNCTIONS FOR AN ENTREPRENEUR
The directing function of entrepreneur actually starts the setting up of enterprise, and also the fundamental functions of management.
Management Functions for an entrepreneur are the POSDC means Planning, Organizing, Staffing, Directing, and Controlling. It can help you to be good and hardworking entrepreneur.
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presentation on planning function
Planning is a fundamental management function and involves deciding what activities need to be done to accomplish goals, when they will be done, how they will be done, and who will do them. There are different types of planning including formal and informal, operational and strategic, and single-use plans like programs, projects, budgets, and strategies. Effective planning helps organizations efficiently achieve objectives and manage resources and uncertainties. Forecasting is an important part of planning as it allows organizations to anticipate future events and conditions.
Oraganisational behaviour
The document discusses the process of management. It defines management according to several authors and outlines the key functions of management as planning, organizing, directing, and controlling. It then elaborates on each of these functions, explaining what they involve at a high level. For organizing, it covers types of departmentalization including functional, product, customer, geographic, and process. It also discusses concepts like line and staff management, decentralization, and principles of directing. Overall, the document provides a broad overview of the management process and its essential elements.
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Management involves planning, organizing, staffing, directing, and controlling organizational resources and activities to efficiently achieve goals. Henry Fayol contributed general principles of management including division of work, authority and responsibility, discipline, unity of command, and unity of direction. Fayol emphasized flexible application of principles to different organizational conditions.
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FunctionS of management
- 1. FUNCTION OF MANAGEMENT L E A R N I N G W I T H R D CREATED BY – RAHUL DAREDIA
- 3. Planning
- 4. PLANNING • Planning means selection of facts for the expected result to establish inter-relationship between them, as well as observation of necessary activities & fore casting for the same anticipation. • Management begins with planning. • When in advance, it is wisely considered what work, who will do, when, how , to what extent & when work is to be finished for the achievement of predetermined objectives, it is known as planning.
- 6. ORGANISING • Organisation is a structure for the assignment of authority & responsibility among individuals working for the achievement of common objectives. • Objectives policy, programme , etc. are decided through planning. • While executing plan, organization structure is formed.
- 8. STAFFING • where there is a business organization , there will be existence of staff. • Any organization without staff is like a mere skeleton. • Activities of any business unit depends on its staff. • Staffing related with requirement of employees for the right position , at the right time, in the right number , with the right qualification.
- 10. DIRECTING • Directing means to guide & to supervise the employees for the accomplishment of objectives. • In order to achieve predetermined objectives, it is very important to direct & supervise employees of an organization effectively. • In a business unit, planning is done after defining objectives , an ideal organization structure is formed , raw material, machineries are purchased , staff is appointed.
- 12. CO-ORDINATION • Co-ordination is required at every stage of management. • Co-ordination is necessary from planning to controlling. • Co-ordination gives a sort of an assurance for the accomplishment of objectives. • No work remains incomplete or no work is duplicated & thus the work become easy.
- 14. REPORTING • Reporting refers to keeping the channels of communication open both the ways throughout the organization. • This helps in reporting the progress of the work to the superior authorities and lets them make modifications to the plan if required. • Similarly, all the essential exchange of information such as problems of employees, new regulations, appreciation etc. can be easily shared with the concerned parties thin very less time and minimal distortions.
- 16. BUDGETING • Finance is the lifeblood of any organization. • Appropriate and consistent account of every penny spent is crucial for the survival and prosperity of any organization. • Resources – man, money, material and time – should be allocated to each and every work center or project in advance and the employees responsible should be held accountable for their stipulated usage.
- 17. CREATED BY – RAHUL DAREDIA