Discuss the Functions of Management
Posted by Ripon Abu Hasnat on Wednesday, May 28, 2014 | 0 comments
The Main functions of
the management are given below:
1. Planning
Planning is the most
basic or Primary functions of management. Planning involves determining the
objectives and selecting a course of action to achieve them. It implies looking
ahead and deciding in advance what is to be done, when and where it is to be
done, how and by whom it is to be done. It is helpful in more effective
achievement of goals. Planning helps an organization to face uncertainty and
change.
2. Organizing
Once plans are
formulated, the next step is that of organizing. Organizing is the process of
establishing authority-responsibility relationships among the members of the
enterprise. In the words of Louis Allen, “Organizing is the process of
identifying and grouping the work to be performed, defining and delegating
responsibility and authority and establishing relationships for the purpose of
enabling people to work most effectively together in accomplishing objectives.”
3.
Staffing
Staffing is the process
of filling all positions in the organization with adequate and qualified
personnel. Staffing consists of manpower planning, recruitment, selection,
training, compensation, integration and maintenance of employees.
4. Directing
Directing is the
managerial functions of guiding, supervising, motivating and leading people
towards the attainment of planned targets of performance. Directing is the
executive functions of management because it is concerned with the execution of
plans and polices.
5. Motivating
Motivating is the process
of inspiring people to strive for the accomplishment of common goals by
providing stimulat that satisfies their needs and motives. Motivation is an
important determinant of job performance. Several types of incentives and
rewards are used to motivate employees.
6. Communication
Communication implies
exchange of facts, ideas, opinions or emotions among two or more persons with
the aim of creating mutual understanding and co-operation among them. It is a
continuous process of telling, .listening and understanding. Several methods of
communications are Written, Oral, Visual etc. are used in communication.
7. Co-ordination
Co-ordination refers to
harmonizing and integrating the activities and efforts of different individuals
into teamwork. It requires integration of diverse and specialized activities
towards the achievement of common goals. Manager integrates the efforts of
different employees to ensure that they work as a team.
8. Controlling
Controlling is the
process of ensuring that the organization is moving in the desired direction
and that progress is being made towards the achievement of goals. The process
of controlling involves the following steps:
a) Establishing
standards for measuring work performance;
b) Measurement of actual
performance and comparing it with the standards;
c) Finding variances
between the standard and actual performance and the reason therefore; and
d) Taking corrective
actions for correcting deviations so as to attain objectives.
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