The five main management functions of an entrepreneur are planning, organizing, staffing, directing, and controlling. Planning involves setting objectives and determining how to achieve them. Organizing delegates tasks to employees and allocates resources. Staffing involves selecting and developing personnel to fill roles in the organizational structure. Directing includes supervising work, motivating employees, providing leadership, and communicating. Controlling establishes performance standards, measures results, identifies deviations, and takes corrective actions. An entrepreneur must effectively perform all of these functions to manage their business and achieve its objectives.

1. MANAGEMENT
FUNCTION
OF AN
ENTREPRENEUR

2. WHAT IS MANAGEMENT?
 Is Essential for organized life and necessary to run all types
of Management. Good Management Is the backbone of
successful organizations. Managing life means getting
things done to achieve’s life objectives and managing an
organization means getting things done with and through
other people to achieve’s It’s objectives.

3. WHAT IS ENTREPRENUER?
A person who Organizes and Operates
business or businesses , Taking on greater
than normal financial risks in order to do so.

4. LET’S FIND OUT! THE FIVE
MANAGEMENT FUNCTION OF
ENTREPRENEUR

5. THE FIVE FUNCTIONS ARE
:
Planning
Organizing
Staffing
Directing
Controlling

7. WHAT IS PLANNING?
 Planning requires the entrepreneur to have
objectives that they set. They will determine in
advance, how the objectives will be seen to. In the
planning stages it is very important that goals are
outlined in a Clear and Concise manner so that the
rest of the team can follow, how the goals will be
met.

8. WHAT IS ORGANIZING?
Organizing is when the entrepreneur
delegates Certain functions to
employees, providing tasks and
allocating resources in order to help
reach the objectives that were devised
in the planning stage.

9. ORGANIZING HAVE 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.

10. WHAT IS STAFFING?
 Staffing 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. Tha main purpose of dragging is to
put right man on right job i. e. Square pegs in
square holes pegs in round holes. According to
KROOTZ & O’DONNELL, “MANAGERIAL
FUNCTION OF STAFFING INVOLVES MANNING
THE ORGANIZATION STRUCTURE THROUGH
PROPER AND EFFECTIVE SELECTION, APPRAISAL
& DEVELOPMENT OF PERSONNEL TO FILL THE
ROLES DESIGNED THE STRUCTURE”.””

11. STAFFING INVOLVES:
Manpower Planning( Estimating man
power in terms of searching, choose the
person and giving the right place).
Recruitment, Selection, & Placement.
Remuneration.
Performance Appraisal.
Promotions & Transfer.

12. WHAT IS DIRECTING?

13. DIRECTION HAS FOLLOWING
ELEMENTS:
 SUPERVISION — Implies overseeing the
work of sub ordinates by their superiors. It is
the act of Watching and Directing work and
workers.
 MOTIVATION—Means inspiring, stimulating
or encouraging the sub–ordinates with zeal
to work. Positive, Negative, Monetary, Non–

14. LEADERSHIP—May be defined as a
process by which manager guides and
influences the work of sub ordinates
indesired direction.
COMMUNICATIONS—Is the process of
passing Information, Experience,
Opinion etc. from one person to
another, it is a bridge of understanding.

15. WHAT IS
CONTROLLING?
Is a mechanism that will help the goals
be achieved. It means considering what
mechanisms can be established and then
implementary them towards reaching
those goals. In the Controlling stage the
entrepreneur has to know when they can
let the person go on their own to work
project and when it is time to reign

16. ACCORDING TO KOONTZ & O ‘
DONNELL
“Controlling is the measurement &
correction of performance
activities Of sub ordinates in order
to make sure that the enterprise
objectives and plan desired to
obtain them as being
accomplished”.

17. THEREFORE CONTROLLING
HAS FOLLOWING STEPS:
 Establishment of
standard
performance.
 Mesurement of actual
performance.
 Comparison of actual
performance with the
standards and finding
out deviation if any.
 Corrective Action.

18. There are also have functions like
LEADING, MOTIVATING, CO–
ORDINATION And more!

19. WHAT IS LEADING?
Learning is most important for an
entrepreneur, because they need to be
able to pass their vision on and motivate
their employees to see the same goals.
Leading will influence employees may
not be able to follow through on the
objectives.

20. WHAT IS MOTIVATING?

21. WHAT IS CO–ORDINATIONS?

22. WHAT IS FUNCTIONAL
MANAGEMENT?
Is the most common type of
Organizational management.
Organization Is grouped by areas of
speciality Within different functional
areas as a “silo”

23. #CTTO 💓
THANK YOU!

24. MY REFLECTION”
 First of all it’s really hard to sign in an account, it so stressing until my
cousin help me out, and also I felt happy about that and also it was
really amazing doing a PowerPoint because it’s my first time to do that
and I feel happy and amazed so that I finally finish it. Next about this
topic in which is MANAGEMENT FUNCTION OF AN ENTREPRENEUR I
learn here is the definition of each functions which is POSDC that stand
for planning, organizing, staffing, directing and controlling and also
there are Learning, motivating and co ordination whisch also part of
management functions and also I learn all the differences to each other
functions, and now I am really really glad that I read this, I learn this and
also thanks for our teacher in Entrep subject which is Sir. Emmard
Hermosura who guides us to learn this, Thank you so much sir! ,I learn
a lot in this topic you gave us! And that’s all Thank you 💚