Functions of Management
In Every Organization,
The Employer needs a successful and profitable business.
The Manager needs the right people, in the right place, to do the right thing.
The Employee needs a job that pays them well.
To fulfil these needs, an organization or we can say Management, has Five functions that represent the management process.
Planning, Establishing goals and standards; developing rules and procedures; developing plans and forecasts.
Organizing, Giving each subordinate a specific task; establishing departments; delegating authority to subordinates; establishing channels of authority and communication; and coordinating the work of subordinates.
Staffing, Determining what type of people should be hired; recruiting prospective employees; selecting employees; setting performance standards; compensating employees; evaluating performance; counselling employees; training and developing employees.
Leading/ Directing, Getting others to get the job done; maintaining morale; motivating subordinates.
Controlling, Setting standards such as sales quotas, quality standards, or production levels; checking to see how actual performance compares with these standards; taking corrective action as needed.
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