Principles of management
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Management coordinates efforts to accomplish goals using available resources. It includes planning, organizing, staffing, leading, and controlling. Planning involves deciding future actions to achieve goals. Organizing develops relationships between resources. Staffing involves selecting and developing personnel. Directing motivates people to work efficiently. Controlling measures performance against standards to ensure goals are met. The document also outlines Henri Fayol's 14 principles of management which guide functions like division of work, authority, and discipline.
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Unit 1
Management involves planning, organizing, staffing, directing, and controlling resources to achieve organizational goals. It is a universal process that helps coordinate group efforts. Key functions of management include establishing an organizational structure and processes, utilizing resources efficiently, reducing costs, adapting to changes, and directing employees toward goals. Management is important for prosperity as it improves production, increases standards of living, and creates employment opportunities that benefit society.
Management P.
Management involves coordinating efforts to accomplish goals using available resources efficiently. It includes planning, organizing, staffing, directing, and controlling. Planning establishes goals and how to achieve them. Organizing involves structuring roles and responsibilities. Staffing involves selecting and developing personnel. Directing includes motivating and guiding subordinates. Controlling measures performance against standards and corrects any deviations.
Introduction to Management
Management is defined as the process of planning, organizing, directing, and controlling resources to accomplish organizational goals. It involves leading people and utilizing resources effectively to achieve objectives. Management is a universal process that occurs in all organizations, both profit and non-profit. It is goal-oriented, continuous, and multidimensional in nature. As a dynamic and intangible force, management coordinates group activities and integrates resources to ensure the organization adapts to its changing environment while working toward its aims.
MANAGEMENT FUNCTION OF AN ENTREPRENEUR
The document discusses the five core functions of management for an entrepreneur:
1. Planning involves determining goals and the steps to achieve them.
2. Organizing assembles resources like staff, materials, technologies to complete tasks.
3. Staffing recruits and trains employees, determining compensation.
4. Directing oversees work through supervision, motivation, leadership, and communication.
5. Controlling measures performance against goals, identifies deviations, and takes corrective action. The five functions are interrelated and all need to work effectively for business success.
Functions of process management
This document outlines the key functions and processes of management: planning, organizing, staffing, controlling, and leading. It provides definitions and discusses the importance and features of each function. Planning involves setting goals and strategies in advance. Organizing is grouping tasks and assigning roles. Staffing matches jobs to capable people. Controlling compares actual to planned performance. Leading/directing gets work done through people. The functions are interconnected and aim to achieve organizational objectives efficiently.
BUSINESS ORGANIZATION AND MANAGEMENT - B.Com I SEM- UNIT-3
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 .
Functions of management
1) Planning involves setting objectives and determining how to accomplish them. It bridges the gap between the present and desired future goals.
2) Organizing establishes authority relationships and coordinates activities both vertically and horizontally. It involves identifying, grouping, and assigning activities and responsibilities.
3) Controlling measures and compares actual performance to standards to identify deviations and ensure goals are met through corrective actions. It facilitates coordination and helps with planning.
Elements of Management
This document provides an overview of the key elements of management that were presented by 5 individuals. It discusses the 5 major functions of management: planning, organizing, staffing, directing, and controlling. For each function, it provides brief explanations of their meanings and importance to the effective management of an organization. The overall summary aims to concisely define the essential elements and functions of management.
Recommended
Unit 1
Management involves planning, organizing, staffing, directing, and controlling resources to achieve organizational goals. It is a universal process that helps coordinate group efforts. Key functions of management include establishing an organizational structure and processes, utilizing resources efficiently, reducing costs, adapting to changes, and directing employees toward goals. Management is important for prosperity as it improves production, increases standards of living, and creates employment opportunities that benefit society.
Management P.
Management involves coordinating efforts to accomplish goals using available resources efficiently. It includes planning, organizing, staffing, directing, and controlling. Planning establishes goals and how to achieve them. Organizing involves structuring roles and responsibilities. Staffing involves selecting and developing personnel. Directing includes motivating and guiding subordinates. Controlling measures performance against standards and corrects any deviations.
Introduction to Management
Management is defined as the process of planning, organizing, directing, and controlling resources to accomplish organizational goals. It involves leading people and utilizing resources effectively to achieve objectives. Management is a universal process that occurs in all organizations, both profit and non-profit. It is goal-oriented, continuous, and multidimensional in nature. As a dynamic and intangible force, management coordinates group activities and integrates resources to ensure the organization adapts to its changing environment while working toward its aims.
MANAGEMENT FUNCTION OF AN ENTREPRENEUR
The document discusses the five core functions of management for an entrepreneur:
1. Planning involves determining goals and the steps to achieve them.
2. Organizing assembles resources like staff, materials, technologies to complete tasks.
3. Staffing recruits and trains employees, determining compensation.
4. Directing oversees work through supervision, motivation, leadership, and communication.
5. Controlling measures performance against goals, identifies deviations, and takes corrective action. The five functions are interrelated and all need to work effectively for business success.
Functions of process management
This document outlines the key functions and processes of management: planning, organizing, staffing, controlling, and leading. It provides definitions and discusses the importance and features of each function. Planning involves setting goals and strategies in advance. Organizing is grouping tasks and assigning roles. Staffing matches jobs to capable people. Controlling compares actual to planned performance. Leading/directing gets work done through people. The functions are interconnected and aim to achieve organizational objectives efficiently.
BUSINESS ORGANIZATION AND MANAGEMENT - B.Com I SEM- UNIT-3
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 .
Functions of management
1) Planning involves setting objectives and determining how to accomplish them. It bridges the gap between the present and desired future goals.
2) Organizing establishes authority relationships and coordinates activities both vertically and horizontally. It involves identifying, grouping, and assigning activities and responsibilities.
3) Controlling measures and compares actual performance to standards to identify deviations and ensure goals are met through corrective actions. It facilitates coordination and helps with planning.
Elements of Management
This document provides an overview of the key elements of management that were presented by 5 individuals. It discusses the 5 major functions of management: planning, organizing, staffing, directing, and controlling. For each function, it provides brief explanations of their meanings and importance to the effective management of an organization. The overall summary aims to concisely define the essential elements and functions of management.
Function of administration
The document discusses management, defining it as a set of activities including planning, organizing, leading and controlling resources to achieve organizational goals efficiently and effectively. A manager is someone who carries out the management process by planning, organizing, leading and controlling human, financial, physical and information resources. Managers are categorized into top managers who manage overall goals and strategy, middle managers who implement policies and supervise lower managers, and first-line managers who supervise operating employees. The management process involves planning and decision making, organizing, leading and controlling. It aims to attain goals efficiently and effectively.
Definition and Functions of Management
This document defines management and its key functions. It provides definitions of management from several experts, including that it involves getting things done through people, forecasting and planning, organizing, commanding, coordinating, and controlling. The main functions of management are identified as planning, organizing, staffing, leading, and controlling. Planning involves mapping objectives and determining actions to achieve goals. Organizing assigns work and identifies responsibilities. Staffing involves selecting the right people for jobs. Leading motivates and guides people toward goals. Controlling checks results against plans and ensures corrective actions. Effectiveness means achieving high quality results while efficiency avoids waste of resources.
Management process versus management functions
Management involves coordinating the efforts of others through key functions like planning, organizing, staffing, directing, and controlling. The document discusses each function in detail. It defines management as a process involving these interconnected functions aimed at achieving organizational goals. Planning involves determining courses of action in advance. Organizing is establishing structure and assigning responsibilities. Staffing is selecting and developing personnel. Directing includes supervising, motivating and leading others. Controlling measures performance against standards and ensures goals are met.
Functions of Management
This document provides an introduction to management in nursing and outlines the management process. It discusses the key functions of management as planning, organizing, staffing, directing, coordinating, reporting and budgeting. These functions were first identified by Henry Fayol and later expanded by Luther Gulick and Lyndall Urwick in their POSDCORB model of the management process. The document then provides further details on each of the management functions.
Presentation on functions of management
Management involves planning work, organizing resources, leading people, and ensuring goals are met. It is the process of getting work done through others. The main functions of management are planning, organizing, staffing, directing, coordinating, and controlling. Planning involves setting goals and determining how to achieve them. Organizing is establishing roles and responsibilities within the organization. Staffing is recruiting and developing employees. Directing includes guiding, motivating, and supervising workers. Coordinating harmonizes efforts across departments. Controlling monitors performance to ensure plans are followed.
Management POLC
Managers perform four key roles: planning, organizing, leading, and controlling. Planning involves setting objectives and determining how to achieve them. Organizing arranges resources to achieve business goals. Leading influences people to work towards objectives. Controlling evaluates and modifies tasks to ensure objectives are being achieved.
Basic functions of management
The document discusses the basic functions of management: planning, organizing, staffing, directing, and controlling. Planning involves deciding what to do, when to do it, and how to do it. Organizing provides structure and assigns duties, delegating authority and responsibility. Staffing involves selecting, developing, and evaluating personnel. Directing includes supervision, motivation, leadership, and communication. Controlling checks progress toward objectives and corrects deviations.
Introduction to management
Management involves planning, organizing, leading, and controlling an organization to help it achieve its goals. Managers fulfill many roles like being leaders, problem solvers, and planners. They are responsible for guiding an organization's resources and staff towards accomplishing its business objectives at different management levels. Management refers to overseeing the tasks and activities required for directing an organization, including creating and maintaining an environment where people can work efficiently towards attaining group goals. It is a goal-oriented process that is essential for an organization's survival, growth, optimal resource utilization, cost minimization, and generating employment.
Management process
Management refers to a series of inter-related functions to achieve organizational objectives through effective utilization of resources. The primary functions of management are planning, organizing, staffing, directing, and controlling. Planning involves decision making and preparing plans, policies, and procedures. Organizing is dividing work and assigning authority and responsibility. Staffing is deploying the workforce. Directing includes instructing, motivating, and leading subordinates. Controlling compares actual performance to standards and takes corrective actions.
Polca
This document discusses how the POLCA (Planning, Organizing, Leading, Controlling, and Assuring quality) framework is applied to the budgeting process of a finance department. It describes each step of POLCA as it relates to budgeting, including planning budgets for departments, organizing budget preparation work, leading subordinates during budget making, controlling budgets by monitoring actual performance, and assuring quality throughout the process. The overall POLCA approach can be used for other finance department functions beyond just budgeting.
Mg6851-principles of management
1) The document discusses the key concepts of management including definitions, levels of management, functions of management, roles of managers, and the evolution of management thought.
2) It describes management as an art of getting work done through others and identifies three levels - top, middle, and lower management.
3) The five classic management functions are identified as planning, organizing, staffing, directing, and controlling.
Management Functions by Dr Madhukar Angur
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.
Management - Concept, Nature and Importance
In depth detail of different management practices and their concept and nature and what is the importance of management.
Management Function
The document discusses the key management functions of an entrepreneur. It identifies nine main management functions: planning, organizing, staffing, directing/leading, controlling, coordination, reporting, budgeting. For each function, it provides details on the processes involved and their importance for organizational success. The document emphasizes that understanding and properly executing these management functions is essential for entrepreneurs to effectively manage their business and achieve their goals.
Meaning,nature,scope,process of management & approaches of a system
This document provides an overview of management concepts including:
- Definitions of management from various thinkers such as Fayol and Drucker.
- The five functions of management as planning, organizing, staffing, directing, and controlling.
- Descriptions of different management levels from top to middle to lower.
- An explanation of the system approach to management, describing organizations as open systems that interact with their environment.
Management Process
Management Process as one of the major topics in Public Administration.
Please check video links from YouTube for further understanding.
Extension administration: Special features, posdcorb
1. Administration involves organizing and directing human and material resources to achieve goals. It includes planning, organizing, staffing, directing, coordinating, and reporting.
2. Key functions of administration are making policies, planning future actions, organizing resources, staffing roles, directing employees' work, integrating efforts, and monitoring finances.
3. Administration is a continuous, goal-oriented process that aims to efficiently manage resources and personnel through functions like planning, organizing, staffing, coordinating, and budgeting.
Management Functions of an Entrepreneur
The document outlines the five main functions of an entrepreneur: planning, organizing, staffing, directing, and controlling. Planning involves determining future actions and goals. Organizing is bringing together resources to achieve goals. Staffing involves selecting and developing personnel. Directing motivates people to work efficiently. Controlling measures performance against standards and corrects deviations. The reflection notes the importance of not giving up when facing problems and working hard to achieve goals and be a successful entrepreneur.
Management
Management: its gives an information about Principles of Management
1) planning
2) organising
3) Staffing
4) Directing
5) Controlling
Management & its functions
Management involves five key functions: planning, organizing, staffing, directing, and controlling. Planning involves looking ahead and drawing up a good plan of action. Organizing means building a well-organized structure with a good division of tasks. Staffing is hiring and retaining a suitable workforce. Directing provides leadership, communication, motivation and supervision. Controlling measures performance against standards and takes corrective action. Management is important because it allows organizations to accomplish goals efficiently through better decision making, which can increase profits. While an art that uses skills, management is also considered a science with principles and a social science dealing with human elements. However, management has not fully achieved professional status.
Teorias Administrativas
Para poder entender la administración se debe conocer la perspectiva de lahistoria de su disciplina, los hechos acerca de lo que ha pasado en situacionessimilares anteriores, y relacionarlas con otras experiencias y otrosconocimientos actuales. Es por eso la importancia de conocer la historia yorigen de la administración
Casos Prácticos - Administración y Marketing “Universidad Continental”
Casos Prácticos: Wacc (Gerencia Financiera), Potencial y altos potenciales (Gestión del talento Humano), Técnicas cuantitativas (marketing y negocios internacionales), Posicionamiento (marketing y negocios internacionales), Cultura y liderazgo corporativo (planeamiento estratégico) UCCI "Universidad continental", Perú.
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The document discusses management, defining it as a set of activities including planning, organizing, leading and controlling resources to achieve organizational goals efficiently and effectively. A manager is someone who carries out the management process by planning, organizing, leading and controlling human, financial, physical and information resources. Managers are categorized into top managers who manage overall goals and strategy, middle managers who implement policies and supervise lower managers, and first-line managers who supervise operating employees. The management process involves planning and decision making, organizing, leading and controlling. It aims to attain goals efficiently and effectively.
Definition and Functions of Management
This document defines management and its key functions. It provides definitions of management from several experts, including that it involves getting things done through people, forecasting and planning, organizing, commanding, coordinating, and controlling. The main functions of management are identified as planning, organizing, staffing, leading, and controlling. Planning involves mapping objectives and determining actions to achieve goals. Organizing assigns work and identifies responsibilities. Staffing involves selecting the right people for jobs. Leading motivates and guides people toward goals. Controlling checks results against plans and ensures corrective actions. Effectiveness means achieving high quality results while efficiency avoids waste of resources.
Management process versus management functions
Management involves coordinating the efforts of others through key functions like planning, organizing, staffing, directing, and controlling. The document discusses each function in detail. It defines management as a process involving these interconnected functions aimed at achieving organizational goals. Planning involves determining courses of action in advance. Organizing is establishing structure and assigning responsibilities. Staffing is selecting and developing personnel. Directing includes supervising, motivating and leading others. Controlling measures performance against standards and ensures goals are met.
Functions of Management
This document provides an introduction to management in nursing and outlines the management process. It discusses the key functions of management as planning, organizing, staffing, directing, coordinating, reporting and budgeting. These functions were first identified by Henry Fayol and later expanded by Luther Gulick and Lyndall Urwick in their POSDCORB model of the management process. The document then provides further details on each of the management functions.
Presentation on functions of management
Management involves planning work, organizing resources, leading people, and ensuring goals are met. It is the process of getting work done through others. The main functions of management are planning, organizing, staffing, directing, coordinating, and controlling. Planning involves setting goals and determining how to achieve them. Organizing is establishing roles and responsibilities within the organization. Staffing is recruiting and developing employees. Directing includes guiding, motivating, and supervising workers. Coordinating harmonizes efforts across departments. Controlling monitors performance to ensure plans are followed.
Management POLC
Managers perform four key roles: planning, organizing, leading, and controlling. Planning involves setting objectives and determining how to achieve them. Organizing arranges resources to achieve business goals. Leading influences people to work towards objectives. Controlling evaluates and modifies tasks to ensure objectives are being achieved.
Basic functions of management
The document discusses the basic functions of management: planning, organizing, staffing, directing, and controlling. Planning involves deciding what to do, when to do it, and how to do it. Organizing provides structure and assigns duties, delegating authority and responsibility. Staffing involves selecting, developing, and evaluating personnel. Directing includes supervision, motivation, leadership, and communication. Controlling checks progress toward objectives and corrects deviations.
Introduction to management
Management involves planning, organizing, leading, and controlling an organization to help it achieve its goals. Managers fulfill many roles like being leaders, problem solvers, and planners. They are responsible for guiding an organization's resources and staff towards accomplishing its business objectives at different management levels. Management refers to overseeing the tasks and activities required for directing an organization, including creating and maintaining an environment where people can work efficiently towards attaining group goals. It is a goal-oriented process that is essential for an organization's survival, growth, optimal resource utilization, cost minimization, and generating employment.
Management process
Management refers to a series of inter-related functions to achieve organizational objectives through effective utilization of resources. The primary functions of management are planning, organizing, staffing, directing, and controlling. Planning involves decision making and preparing plans, policies, and procedures. Organizing is dividing work and assigning authority and responsibility. Staffing is deploying the workforce. Directing includes instructing, motivating, and leading subordinates. Controlling compares actual performance to standards and takes corrective actions.
Polca
This document discusses how the POLCA (Planning, Organizing, Leading, Controlling, and Assuring quality) framework is applied to the budgeting process of a finance department. It describes each step of POLCA as it relates to budgeting, including planning budgets for departments, organizing budget preparation work, leading subordinates during budget making, controlling budgets by monitoring actual performance, and assuring quality throughout the process. The overall POLCA approach can be used for other finance department functions beyond just budgeting.
Mg6851-principles of management
1) The document discusses the key concepts of management including definitions, levels of management, functions of management, roles of managers, and the evolution of management thought.
2) It describes management as an art of getting work done through others and identifies three levels - top, middle, and lower management.
3) The five classic management functions are identified as planning, organizing, staffing, directing, and controlling.
Management Functions by Dr Madhukar Angur
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.
Management - Concept, Nature and Importance
In depth detail of different management practices and their concept and nature and what is the importance of management.
Management Function
The document discusses the key management functions of an entrepreneur. It identifies nine main management functions: planning, organizing, staffing, directing/leading, controlling, coordination, reporting, budgeting. For each function, it provides details on the processes involved and their importance for organizational success. The document emphasizes that understanding and properly executing these management functions is essential for entrepreneurs to effectively manage their business and achieve their goals.
Meaning,nature,scope,process of management & approaches of a system
This document provides an overview of management concepts including:
- Definitions of management from various thinkers such as Fayol and Drucker.
- The five functions of management as planning, organizing, staffing, directing, and controlling.
- Descriptions of different management levels from top to middle to lower.
- An explanation of the system approach to management, describing organizations as open systems that interact with their environment.
Management Process
Management Process as one of the major topics in Public Administration.
Please check video links from YouTube for further understanding.
Extension administration: Special features, posdcorb
1. Administration involves organizing and directing human and material resources to achieve goals. It includes planning, organizing, staffing, directing, coordinating, and reporting.
2. Key functions of administration are making policies, planning future actions, organizing resources, staffing roles, directing employees' work, integrating efforts, and monitoring finances.
3. Administration is a continuous, goal-oriented process that aims to efficiently manage resources and personnel through functions like planning, organizing, staffing, coordinating, and budgeting.
Management Functions of an Entrepreneur
The document outlines the five main functions of an entrepreneur: planning, organizing, staffing, directing, and controlling. Planning involves determining future actions and goals. Organizing is bringing together resources to achieve goals. Staffing involves selecting and developing personnel. Directing motivates people to work efficiently. Controlling measures performance against standards and corrects deviations. The reflection notes the importance of not giving up when facing problems and working hard to achieve goals and be a successful entrepreneur.
Management
Management: its gives an information about Principles of Management
1) planning
2) organising
3) Staffing
4) Directing
5) Controlling
Management & its functions
Management involves five key functions: planning, organizing, staffing, directing, and controlling. Planning involves looking ahead and drawing up a good plan of action. Organizing means building a well-organized structure with a good division of tasks. Staffing is hiring and retaining a suitable workforce. Directing provides leadership, communication, motivation and supervision. Controlling measures performance against standards and takes corrective action. Management is important because it allows organizations to accomplish goals efficiently through better decision making, which can increase profits. While an art that uses skills, management is also considered a science with principles and a social science dealing with human elements. However, management has not fully achieved professional status.
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Henri Fayol, the father of the school of Systematic Management, was motivated to create a theoretical foundation for a managerial educational program based on his experience as a successful managing director of a mining company. he observed that the increasing complexity of organisations would require more professional management.
What is management by muzammil
Management involves planning, organizing, staffing, directing, and controlling organizational activities to achieve goals. Planning establishes goals and determines how to achieve them through strategic, tactical, and operational planning. Organizing develops the organizational structure and allocates resources. Staffing involves recruiting, training, and developing personnel. Directing influences and guides subordinates toward goals through supervision and motivation. Controlling establishes standards, measures performance, and takes corrective actions when needed to ensure goals are met effectively and efficiently. Proper management is essential for any organization to utilize its resources and achieve objectives.
MANAGEMENT FUNCTIONS FOR AN ENTREPRENEUR
The directing function of entrepreneur actually starts the setting up of enterprise, and also the fundamental functions of management.
Management Functions for an entrepreneur are the POSDC means Planning, Organizing, Staffing, Directing, and Controlling. It can help you to be good and hardworking entrepreneur.
THANK YOU!!
Functions of management
The document outlines the key functions of management, including planning, organizing, staffing, directing, and controlling. Planning involves deciding objectives, strategies, and resources in advance. Organizing is establishing an organizational structure and relationships. Staffing involves recruiting and selecting employees. Directing provides leadership and guidance to employees. Controlling checks performance against plans and takes corrective actions when needed.
Management Functions of Entrepreneur
The document discusses the five main management functions of an entrepreneur: planning, organizing, staffing, directing, and controlling. It provides details on each function: planning involves determining goals and courses of action to achieve them; organizing is establishing an organizational structure and assigning roles; staffing is recruiting and placing the right employees; directing includes supervising, motivating and communicating with employees; and controlling measures performance against standards and corrects any deviations. Performing all these management functions is important for an entrepreneur to successfully build and grow a business.
Functions of managers, coordination esssence of management-2
The document discusses the key functions of management. It describes planning, organizing, staffing, directing/leading/actuating, and controlling as the most widely accepted classifications of management functions. It provides details on each function, including definitions, key steps involved, and sub-functions. Coordination is also discussed as essential to management and the achievement of organizational goals through unified and synchronized group efforts.
Functionsofmanagement
This ppt is about the five functions of managenent as per the school of management thought found by Henri Fayol
Management Functions of an Entepreneur
The document discusses the key management functions of an entrepreneur. It describes the functions of planning, organizing, staffing, directing, and controlling. Planning involves determining courses of action to achieve goals. Organizing is bringing together resources to achieve organizational goals. Staffing involves selecting and placing the right people in jobs. Directing includes supervising, motivating, leading, and communicating with subordinates. Controlling measures performance against standards and makes corrections if needed. These five functions are widely considered the basic functions of management.
Management Functions of an Entepreneur
The document discusses the key management functions of an entrepreneur. It describes the functions of planning, organizing, staffing, directing, and controlling. Planning involves determining courses of action to achieve goals. Organizing is bringing together resources to achieve organizational goals. Staffing involves selecting and placing the right people in jobs. Directing includes supervising, motivating, leading, and communicating with subordinates. Controlling measures performance against standards and makes corrections if needed. These five functions are widely considered the basic functions of management.
IM-Unit1.docx
This document provides an introduction to management concepts. It defines management as coordinating human and physical resources to achieve organizational goals. The document outlines the characteristics of management, including that it is goal-oriented, integrates different resources, is continuous, is present in all organizations, and involves group activity. It also discusses the functions of management, including planning, organizing, staffing, directing, and controlling. The document then covers levels of management, principles of scientific management, and Henry Fayol's 14 principles of management.
Presentation (1).pptx
The document discusses the five primary functions of management: planning, organizing, staffing, directing, and controlling. It provides details on each function. Planning involves predicting the future and attempting to control events. Organizing establishes a formal structure and direction of authority. Staffing is the process of hiring and retaining a suitable workforce. Directing provides leadership, communication, and motivation so employees can efficiently achieve goals. Controlling establishes standards, measures performance against those standards, and takes corrective actions when needed.
Lecture 2
This document discusses the key concepts of management. It defines management as planning, organizing, leading, and controlling resources to achieve organizational goals efficiently. It provides details on each of the main functions:
- Planning involves setting goals and determining how to achieve them. It is a systematic process of defining strategies and plans.
- Organizing establishes the organizational structure by determining roles and responsibilities. It involves grouping and assigning tasks.
- Leading includes motivating employees, providing direction, communicating, and resolving conflicts. The role of leadership is to energize employees to attain goals.
- Controlling measures performance against standards, identifies deviations, and takes corrective actions. It ensures goals are achieved according to plans.
Principles Of Management Unit 1
UNIT - I: OVERVIEW OF MANAGEMENT: Concept – Definition; Nature - Process and
Significance of Management; Managerial Roles (Mintzberg) - Trends and challenges of
Management in Global Scenario; An Overview of Functional areas of Management –
Marketing – Finance – Production – HRM – IT and R&D.
functions_of_management.pptx
This document discusses the five main functions of management: planning, organizing, staffing, directing, and controlling.
1. Planning involves determining goals and objectives and deciding how to achieve them. Organizing is establishing an organizational structure and assigning roles. Staffing addresses recruiting, hiring, and developing employees.
2. Directing includes motivating employees and providing leadership. Controlling checks performance against plans, identifies deviations, and takes corrective action.
3. Together, these five functions are key to effectively managing resources and coordinating employee efforts to accomplish organizational objectives.
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Functions of managers, coordination esssence of management-2
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Principles of management
- 1. By Daryl B. Ventura PRINCIPLES OF MANAGEMENT
- 2. Management Defined Management in businesses and organizations is the function that coordinates the efforts of people to accomplish goals and objectives using available resources efficiently and effectively. Management includes planning, organizing, staffing, leading or directing, and controlling an organization to accomplish the goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources.
- 3. Management Functions 1. Planning It is the basic function of management. It deals with chalking out a future course of action & deciding in advance the most appropriate course of actions for achievement of pre-determined goals. According to KOONTZ, “Planning is deciding in advance - what to do, when to do & how to do. It bridges the gap from where we are & where we want to be”
- 4. Management Functions 2. Organizing It is the process of bringing together physical, financial and human resources and developing productive relation-ship amongst them for achievement of organizational goals. According to Henry Fayol, “To organize a business is to provide it with everything useful or its functioning i.e. raw material, tools, capital and personnel’s”
- 5. Management Functions 3. 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. According to Kootz & O’Donell, “Managerial function of staffing involves manning the organization structure through proper and effective selection, appraisal & development of personnel to fill the roles designed un the structure”
- 6. Management Functions 4. Directing It is that part of managerial function which actuates the organizational methods to work efficiently for achievement of organizational purposes. It is considered life-spark of the enterprise which sets it in motion the action of people because planning, organizing and staffing are the mere preparations for doing the work.
- 7. Management Functions 5. Controlling It implies measurement of accomplishment against the standards and correction of deviation if any to ensure achievement of organizational goals. The purpose of controlling is to ensure that everything occurs in conformities with the standards. An efficient system of control helps to predict deviations before they actually occur.
- 9. Henri Fayol’s 14 Management Principles 1. DIVISION OF WORK 2. AUTHORITY 3. DISCIPLINE 4. UNITY OF COMMAND 5. UNITY OF DIRECTION 6. SUBORDINATION OF INDIVIDUAL INTERESTS TO THE GENERAL INTERESTS 7. REMUNERATION
- 10. Henri Fayol’s 14 Management Principles 8. CENTRALIZATION 9. SCALAR CHAIN 10. ORDER 11. EQUITY 12. STABILITY OF TENURE OF PERSONNEL 13. INITIATIVE 14. ESPIRIT DE CORPS
- 11. Reference • http://en.wikipedia.org/wiki/Management • http://www.managementstudyguide.com/manage ment_functions.htm • https://managementinnovations.wordpress.com/2 008/12/04/henri-fayols-14-principles-of- management/
- 12. Thank you for watching and listening.......