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NAME – YASH VARDHAN
COURSE – B.M.S(HONS.)
SUBJECT – PRINCIPLES OF MANAGEMENT
SESSION – 2013-2014
TOPIC
Functions of
management
WHAT IS MANAGEMENT
Management means – It is a creation
of an internal environment where
individuals are working in a group can
perform effectively and efficiently for
the achievement of their
organisational goal.
BY – KNOOTZ AND O DNELL
FEATURES OF MANAGEMENT PROCESS
Management process is characterised by following
features are :-
 Social process
 Continious process
 Universal
 Interrelated
Social process – The entire management process is
regarded as a social process because success of all
Organisational depends upon the co-operation of the
Workers.
Continious process – Management functions are
continious or never ending in nature because if one
function is completed then automatically next will be
started.
Universal – Management functions are universal in
nature because these functions are required in every
Organisation, without management functions no
organisation can survive.
Interrelated – Management functions are
interrelated because the performance of
the next function start only when the
previous function was finished.
FUNCTIONS OF MANAGEMENT
PLANNING
Planning means “
Thinking in
advance what is to
be done, when is
to be done, how is
to be done and by
whom is to be
done.
PLANNING PROCESS
Setting up of objectives Developing premises
Listing various alternatives
for achieving objectives
Evaluation of
alternatives
Select an
alternative
Implement the
plan
Follow up
ORGANISING
Organising means –
identifying and grouping
different activities in the
organisation and bringing
together the
physical, financial, and
human resource to
establish most productive
relations for the
achievement of specific
goal of organisation.
ORGANISING PROCESS
Identification and division
Of work
Grouping the jobs and
departmentalisation
Assignment of
duties
Establishing reporting
relationship
STAFFING
Staffing means -
Finding the right
person for the right
job having the right
qualification, doing
the right job at the
right time
STAFFING PROCESS
Estimating the man power
requirement
Recruitment
Selection
Placement and orientation
Trainning and development
DIRECTING
Directing means -
Instructing, guiding, ins
piring and motivating
the employees in the
organisation so that
efforts results in
achievement of
organisational goal.
ELEMENTS OF DIRECTING
DIRECTING
Communication
CONTROLLING
Controlling means – Compare
of actual performance with the
planned performance. If there
is any deviation then finding
the reasons for such deviation
and taking corrective measures
so that in future there will be a
match between actual and
planned performance.
CONTROLLING PROCESS
Establishing
standards
Measuring of
performance
Comparing actual
performance with
standards
Analysing the
deviation
Taking
corrective
measures
Relative Amount of Time That Managers
Spend on the Four Managerial Functions
CONCLUSION
To Sum Up, Management functions are not only
helpful in achieving in any organisation’s goals but
also they help in getting disired results in each and
every sphere of life. If these management functions
are added with anicient Indian Moral & Ethical
Values then it becomes Jewel-in-the-Crown.
Thanks
BIBLOGRAPHY
Business studies book
Google images

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Presentation2 by yash vardhan

  • 1. NAME – YASH VARDHAN COURSE – B.M.S(HONS.) SUBJECT – PRINCIPLES OF MANAGEMENT SESSION – 2013-2014
  • 3. WHAT IS MANAGEMENT Management means – It is a creation of an internal environment where individuals are working in a group can perform effectively and efficiently for the achievement of their organisational goal. BY – KNOOTZ AND O DNELL
  • 4. FEATURES OF MANAGEMENT PROCESS Management process is characterised by following features are :-  Social process  Continious process  Universal  Interrelated
  • 5. Social process – The entire management process is regarded as a social process because success of all Organisational depends upon the co-operation of the Workers. Continious process – Management functions are continious or never ending in nature because if one function is completed then automatically next will be started. Universal – Management functions are universal in nature because these functions are required in every Organisation, without management functions no organisation can survive.
  • 6. Interrelated – Management functions are interrelated because the performance of the next function start only when the previous function was finished.
  • 8. PLANNING Planning means “ Thinking in advance what is to be done, when is to be done, how is to be done and by whom is to be done.
  • 9. PLANNING PROCESS Setting up of objectives Developing premises Listing various alternatives for achieving objectives Evaluation of alternatives Select an alternative Implement the plan Follow up
  • 10. ORGANISING Organising means – identifying and grouping different activities in the organisation and bringing together the physical, financial, and human resource to establish most productive relations for the achievement of specific goal of organisation.
  • 11. ORGANISING PROCESS Identification and division Of work Grouping the jobs and departmentalisation Assignment of duties Establishing reporting relationship
  • 12. STAFFING Staffing means - Finding the right person for the right job having the right qualification, doing the right job at the right time
  • 13. STAFFING PROCESS Estimating the man power requirement Recruitment Selection Placement and orientation Trainning and development
  • 14. DIRECTING Directing means - Instructing, guiding, ins piring and motivating the employees in the organisation so that efforts results in achievement of organisational goal.
  • 16. CONTROLLING Controlling means – Compare of actual performance with the planned performance. If there is any deviation then finding the reasons for such deviation and taking corrective measures so that in future there will be a match between actual and planned performance.
  • 17. CONTROLLING PROCESS Establishing standards Measuring of performance Comparing actual performance with standards Analysing the deviation Taking corrective measures
  • 18. Relative Amount of Time That Managers Spend on the Four Managerial Functions
  • 19. CONCLUSION To Sum Up, Management functions are not only helpful in achieving in any organisation’s goals but also they help in getting disired results in each and every sphere of life. If these management functions are added with anicient Indian Moral & Ethical Values then it becomes Jewel-in-the-Crown. Thanks