Five functions of management
- 1. FIVE FUNCTIONS OF MANAGEMENT These functions separate the management process from other business functions such as marketing, accounting and finance. Each of the functions of management is related to each other and the functions complement each other. 2 3 4 5 1 Planning ControllingOrganizing Commanding Coordinating
- 2. FIVE FUNCTIONS OF MANAGEMENT Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Under the process of planning, the objectives of the organization are defined in simple and clear words. Planning is always done for future and future is uncertain. With the help of planning, possible changes in future are anticipated and various activities are planned in the best possible way. Under planning, future activities are planned in order to achieve objectives. Consequently, the problems of when, where, what and why are almost decided. It is clear that planning selects the best alternative out of the many available. All these alternatives do not come to the manager on their own, but they have to be discovered. Planning01
- 3. FIVE FUNCTIONS OF MANAGEMENT Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Organizing is the function of management that involves developing an organizational structure and allocating human resources to ensure the accomplishment of objectives. The structure of the organization is the framework within which effort is coordinated. Organizing02
- 4. FIVE FUNCTIONS OF MANAGEMENT Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Optimizing return from all employees to benefit the entire enterprise is important. The most successful managers have personal integrity, communicate clearly and base their judgments on regular audits. They create unity, energy, initiative and loyalty and eliminate incompetence. Commanding03
- 5. FIVE FUNCTIONS OF MANAGEMENT Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Coordinating function of the management consists of inter-relating the various parts of the work as well as the work of different departments. It involves coordinating the various job roles and responsibilities of the employees so that they have good relationship with the co- employees while delivering the output. It also consists of developing relationship with stakeholders and the environment under which the organization operates. Coordinating04
- 6. FIVE FUNCTIONS OF MANAGEMENT Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Place your text here, this is an example text. Go a head replace with your own text Controlling consists of verifying whether everything occurs in conformities with the plans adopted, instructions issued and principles established. Controlling ensures that there is effective and efficient utilization of organizational resources so as to achieve the planned goals. Controlling measures the deviation of actual performance from the standard performance, discovers the causes of such deviations and helps in taking corrective actions. Controlling05
- 7. FIVE FUNCTIONS OF MANAGEMENT 1 2 5 3 4 Planning Planning is the ongoing process of developing the business's mission and objectives and determining how they will be accomplished. Organizing Organizing is an essential function of management. It is the process of accumulating resources from different sources in order to work according to the plans laid out by the management. Commanding The commanding of subordinates should always be consistent with company policies, and every manager should treat subordinates in line with the standards of the company. Coordinating coordinating function is the orderly arrangement of individual and group efforts to provide unity of action in the pursuit of a common goal. Controlling Controlling is a function in which the performance of the organization is measured and then evaluated after which the standard observed is determined to be either good or bad, which then in turn leads to taking preventive and corrective measures.
- 8. DEWAN V.S. GROUP OF INSTITUTIONS THANK YOU