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Function of Management Function of Management

The document discusses the five primary functions of management: planning, organizing, staffing, directing, and controlling. Planning involves determining courses of action to achieve goals. Organizing is bringing together resources to develop productive relationships for goal achievement. Staffing is hiring and retaining a suitable workforce. Directing concerns leadership, communication, motivation and supervision. Controlling measures accomplishments against standards and corrects deviations to ensure goal achievement.

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April Ambrocio
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55 views2 pages

Function of Management Function of Management

The document discusses the five primary functions of management: planning, organizing, staffing, directing, and controlling. Planning involves determining courses of action to achieve goals. Organizing is bringing together resources to develop productive relationships for goal achievement. Staffing is hiring and retaining a suitable workforce. Directing concerns leadership, communication, motivation and supervision. Controlling measures accomplishments against standards and corrects deviations to ensure goal achievement.

Uploaded by

April Ambrocio
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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FUNCTION OF MANAGEMENT FUNCTION OF MANAGEMENT

Management has been described as a social process involving responsibility for economical Management has been described as a social process involving responsibility for economical
and effective planning & regulation of operation of an enterprise in the fulfillment of given and effective planning & regulation of operation of an enterprise in the fulfillment of given
purposes. It is a dynamic process consisting of various elements and activities. These purposes. It is a dynamic process consisting of various elements and activities. These
activities are different from operative functions like marketing, finance, purchase etc. Rather activities are different from operative functions like marketing, finance, purchase etc. Rather
these activities are common to each and every manger irrespective of his level or status. these activities are common to each and every manger irrespective of his level or status.

FIVE PRIMARY FUNCTIONS OF MANAGEMENT FIVE PRIMARY FUNCTIONS OF MANAGEMENT


1. PLANNING 1. PLANNING
o Planning is determination of courses of action to achieve desired goals. Thus, o Planning is determination of courses of action to achieve desired goals. Thus,
planning is a systematic thinking about ways & means for accomplishment of planning is a systematic thinking about ways & means for accomplishment of
pre-determined goals. pre-determined goals.

2. ORGANIZING 2. ORGANIZING
o It is the process of bringing together physical, financial and human resources and o It is the process of bringing together physical, financial and human resources and
developing productive relationship amongst them for achievement of developing productive relationship amongst them for achievement of
organizational goals organizational goals.

3. STAFFING 3. STAFFING
o Staffing is the function of hiring and retaining a suitable work-force for the o Staffing is the function of hiring and retaining a suitable work-force for the
enterprise both at managerial as well as non-managerial levels. It involves the enterprise both at managerial as well as non-managerial levels. It involves the
process of recruiting, training, developing, compensating and evaluating process of recruiting, training, developing, compensating and evaluating
employees, and maintaining this workforce with proper incentives and employees, and maintaining this workforce with proper incentives and
motivations. motivations.

4. DIRECTING 4. DIRECTING
o The directing function is concerned with leadership, communication, motivation o The directing function is concerned with leadership, communication, motivation
and supervision so that the employees perform their activities in the most and supervision so that the employees perform their activities in the most
efficient manner possible, in order to achieve the desired goals. efficient manner possible, in order to achieve the desired goals.

5. CONTROLLING 5. CONTROLLING
o It implies measurement of accomplishment against the standards and correction o It implies measurement of accomplishment against the standards and correction
of deviation if any to ensure achievement of organizational goals. The purpose of of deviation if any to ensure achievement of organizational goals. The purpose of
controlling is to ensure that everything occurs in conformities with the controlling is to ensure that everything occurs in conformities with the
standards. An efficient system of control helps to predict deviations before they standards. An efficient system of control helps to predict deviations before they
actually occur. actually occur.
FUNCTION OF MANAGEMENT

Management has been described as a social process involving responsibility for economical
and effective planning & regulation of operation of an enterprise in the fulfillment of given
purposes. It is a dynamic process consisting of various elements and activities.

FIVE PRIMARY FUNCTIONS OF MANAGEMENT

1. PLANNING- Planning is determination of courses of action to achieve desired goals

2. ORGANIZING- It is the process of bringing together physical, financial and human


resources and developing productive relationship amongst them for achievement of
organizational goals

3. STAFFING- Staffing is the function of hiring and retaining a suitable work-force for
the enterprise both at managerial as well as non-managerial levels.

4. DIRECTING- The directing function is concerned


with leadership, communication, motivation and supervision.

5. CONTROLLING- It implies measurement of accomplishment against the standards


and correction of deviation if any to ensure achievement of organizational goals

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