This document outlines the key functions of management which include planning, organizing, directing, controlling, coordinating, delegating, and motivating. Planning involves analyzing future strategies and deciding on the firm's direction. Organizing ensures resources are in place and jobs are assigned. Directing develops goals and gives instructions to workers. Controlling establishes monitoring systems to analyze performance and address problems. Coordinating ensures functional areas cooperate. Delegating gives subordinates responsibility for specific areas. Motivating encourages staff to do their jobs.

2. INTRODUCTION
Firms have goals to achieve. Some of these include:
• Maximising sales
• Earning profits
Management is the process of achieving the major goals of
a firm with the best use of available resources.

3. FUNCTIONS OF MANAGEMENT
There are basically seven
functions of management (podccdm).
Planning
Organising
Directing
Controlling
Coordinating
Delegating
Motivating

4. 1. Planning - developing proposals for future activities and operations of
the firm
• Analyse future strategies
• Deciding on the direction that the firm should take
• Preparing the resources that are needed

5. 2. Organizing - ensuring that resources are in place at a particular time
• Grouping similar activities together
• Thinking ahead to decide who is going to do which job
• Fixing deadlines for jobs

6. 3. Directing - developing goals and objectives , and giving instructions
• Once management knows what they want to achieve they communicate it to
workers and attempt to get them to understand
• This is the only way that workers at all levels will know what is required

7. 4. Controlling – establishing systems which monitor performance
• Performance is analysed to see if objectives are being achieved
• This allows problems to be detected and measures are put in place to reduce
any problems

8. 5. Coordinating – ensuring that all functional areas work cooperatively
and support for each other
• If the marketing department wants to develop a new promotion they will have
to liaise with the finance department to ensure funds are available

9. 6. Delegating – giving responsibility for specific areas to subordinates
• Management cannot do everything and will have to give subordinates
responsibilities for which they will be held accountable
• Management should receive reports from those who were delegated the
authority

10. 7. Motivating – encourage staff to do the jobs that management wants
them to do
• Make the staff feel as though they want to do the job
• Provide incentives for employees (not only pay)