Management involves planning, organizing, leading, and controlling. Planning involves creating plans to achieve goals by forecasting the future based on collected data. Organizing determines how to distribute resources, roles, and authority to achieve goals. Leading means motivating and encouraging employees through communication to improve productivity. Controlling evaluates results against goals and takes corrective actions by setting performance standards.

1. PRINCIPLES OF
MANAGEMENT
TOPIC: FUNCTIONS OF MANAGEMENT

3. Definitions:
“Management is knowing exactly what you want man
to do and to see that they do it in the best and the
cheapest way.”
-Fadrick taylor
“ Management is a multipurpose organ that manages
the business, manages the manager, manages the
worker & work.”
-Peter Drucker

4. Functions of management:
PLANNING
ORGANISING
 LEADING
CONTROLLING

5. PLANNING
Planning is a process of thinking about &
organizing the activities required to achieve
desired goals.
Planning involves creation & maintenance of
plan.
Planning is forecasting the future picture by
the collected data.

6. Features of Planning
Planning focuses on achieving goals.
Planning is the primary function of mgt
Planning is continuous.
Planning is futuristic.

7. ORGANIZING
According to GEORGE TERRY, “organization is
like systematic arrangement & implementation of
functions is required to achieve goals.”
Organizing determines how to distribute resources
,how to organize employees & identify roles, delegate
authority & provide direction.

9. DIRECTING
Directing means connect on interpersonal level,
communication, motivating, inspiring,&
encouraging to improve the productivity.

10. Features of Directing
 It initiates action.
 It is continuous.
 It is at every level
 It flows from top to bottom.

11. CONTROLLING
Controlling in general mean evaluating the
results against goals, taking corrective actions &
setting performance standards.

12. Elements of controlling
Establishing standards of performance.
Measuring performance.
Taking corrective actions.

13. ????

14. “COMING TOGETHER IS
A BEGINNING,KEEPING
TOGETHER IS PROGRESS
& WORKING TOGETHER
IS SUCCESS.”