Effective management and leadership involve creative problem solving, motivating employees and making sure the organization accomplishes objectives and goals. There are five functions of management and leadership: planning, organizing, staffing, coordinating and controlling. These functions separate the management process from other business functions such as marketing, accounting and finance.
Function Of Management (Bangladeshi Example Included)Sadia Textile
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.
Effective management and leadership involve creative problem solving, motivating employees and making sure the organization accomplishes objectives and goals. There are five functions of management and leadership: planning, organizing, staffing, coordinating and controlling. These functions separate the management process from other business functions such as marketing, accounting and finance.
Function Of Management (Bangladeshi Example Included)Sadia Textile
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.
BUSINESS ORGANIZATION AND MANAGEMENT - B.Com I SEM- UNIT-3Balasri Kamarapu
INTRODUCTION TO FUNCTIONS OF MANAGEMENT:
Management - Meaning - Characteristics - Functions of Management - Levels of Management – Skills of Management- Scientific Management - Meaning - Definition - Objectives - Criticism – Fayol‘s 14 Principles of Management .
Levels of Management
Functions of Top Management
Functions of Middle Management
Functions of Lower Management
Hierarchy of management positions
Management positions from top to bottom
Role of different levels of management in an organisation
BUSINESS ORGANIZATION AND MANAGEMENT - B.Com I SEM- UNIT-3Balasri Kamarapu
INTRODUCTION TO FUNCTIONS OF MANAGEMENT:
Management - Meaning - Characteristics - Functions of Management - Levels of Management – Skills of Management- Scientific Management - Meaning - Definition - Objectives - Criticism – Fayol‘s 14 Principles of Management .
Levels of Management
Functions of Top Management
Functions of Middle Management
Functions of Lower Management
Hierarchy of management positions
Management positions from top to bottom
Role of different levels of management in an organisation
M&M complete analysis done in the year 2013, from july 2013-october 2013 with the help of our respective college staff. Special thanks to the Dean Prof. Bhattacharjee & visiting faculty prof. Abhay Srivastava.
Principles of Management is designed to meet the scope and sequence requirements of the introductory course on management. This is a traditional approach to management using the leading, planning, organizing, and controlling approach. Management is a broad business discipline, and the Principles of Management course covers many management areas such as human resource management and strategic management, as well as behavioral areas such as motivation. No one individual can be an expert in all areas of management, so an additional benefit of this text is that specialists in a variety of areas have authored individual chapters.
Introduction to Management - Meaning, Nature, Scope, Levels of ManagementSumit Sharaf
Introduction & Definition of Management
Components of Management
Features of Management
Functions of Management
Level of Management
Management and Administration
Management as Profession
Significance of Management from the point of view of Modern Business Operations.
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3. · According to Henri Fayol, "to
manage is to forecast and to
plan, to organise, to
command, to co-ordinate and
to control."
4. · Fredmund Malik defines it as "the
transformation of resources into
utility."
· Management included as one of
the factors of production - along
with machines, materials and
money
6. planning is the first functions of
management . Nothing can be performed
without planning .
2 types of planning
1. short, run planning
2. long run planning
Short run planning is for 1 to6 months.
Long run planning is for more than 1 year.
7. organising is the distribution of work in groupwise or
sectionwise for effective. Organisation provides all facilities
which are necesssary to perform the work the business
developed the organisation take a responsibility to create some
more departement …..
8. staffing function comprises the activities of
selection and placement of competent personnel.
In other words , staffing refers to placement of
right persons in the right jobs. staffing includes
selection of right persons , training to those needy
persons , promotion of best persons , retirement
of old persons , performance appraisal of all the
personnel, and adequate remuneration of
personnel . The success of any enterprise
depends upon the successful performance of
staffing function.
9. The actual performance of a work starts with the
function of direction. Planning , organising and
staffing function are concerned with the preliminary
work for the achievement of organizational
objectives. But the direction deals with making the
workers learn techniques to perform the job assigned
to them. Direction includes guidance supervision and
motivation of employees .
According to joseph massie “ directing concerns the
total manners in which a managers influences the
action of his sub ordinates. It is the final action of a
manager in getting other to act after all preparation
have been completed “
10. all the activities are divided group wise or
under organising function now such group
activities are co-ordinated toward
accomplishment of objectives of an
organisation the difficultie of co ordination is
increase with the incresing of the size of of
the organisation according to knootz and
odonnell “the last co-ordination occurs when
individuals see how their jobs contributes to
the dominat goals of the enterprice . This
implies knowledge and understanding of
enterprise objectives .”