Functions of Management with real cases
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The document outlines the six functions of management: planning, organizing, directing, coordinating, controlling, and staffing. Each function includes a defined concept and a step-by-step process aimed at achieving organizational goals effectively. The interconnected nature of these functions is emphasized as crucial for maintaining organizational success.
Functions of Management with real cases
- 1. Functions of Management BY DR. SATYANARAYAN PANDEY ASSISTANT PROFESSOR DEPARTMENT OF MANAGEMENT STUDIES, BBM KOYAL ANCHAL UNIVERSITY DHANBAD, JHARKHAND
- 2. 1. Planning Concept: Planning involves defining organizational goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities. It is a primary function that guides all other functions.
- 3. Process 1. Setting Objectives: Define clear and measurable goals. 2. Analyzing the Environment: Evaluate internal and external factors that impact the organization. 3. Developing Alternatives: Identify possible courses of action. 4. Evaluating Alternatives: Assess the feasibility, risks, and potential outcomes of each alternative. 5. Selecting the Best Alternative: Choose the most suitable option. 6. Implementing the Plan: Execute the selected plan effectively. 7. Monitoring and Revising: Continuously monitor progress and make adjustments as needed.
- 4. 2. Organising Concept: Organizing is the process of arranging resources and tasks to achieve objectives efficiently. It involves defining roles, responsibilities, and relationships.
- 5. Process 1. Identifying Activities: List all tasks required to achieve objectives. 2. Grouping Activities: Categorize tasks into logical groups. 3. Assigning Duties: Allocate responsibilities to individuals or teams. 4. Delegating Authority: Grant authority to employees to perform their roles effectively. 5. Establishing Relationships: Define reporting structures and communication channels.
- 6. 3. Directing Concept: Directing involves leading and motivating employees to achieve organizational goals. It ensures that the workforce is aligned with the objectives.
- 7. Process 1. Issuing Instructions: Provide clear guidance to employees. 2. Motivating Employees: Use incentives and recognition to encourage performance. 3. Providing Leadership: Inspire and guide employees. 4. Establishing Communication: Ensure open and effective communication channels.
- 8. 4. Coordination Concept: Coordination is the synchronization of efforts and resources to achieve goals efficiently. It ensures all activities and departments work harmoniously.
- 9. Process 1. Integrating Efforts: Align individual and departmental goals with organizational objectives. 2. Balancing Resources: Distribute resources effectively among departments. 3. Resolving Conflicts: Address and mitigate disputes among teams. 4. Monitoring Progress: Ensure activities are on track and aligned.
- 10. 5. Controlling Concept: Controlling involves monitoring performance, comparing it with standards, and taking corrective actions to ensure objectives are met.
- 11. Process: 1. Establishing Standards: Define performance benchmarks. 2. Measuring Performance: Evaluate actual performance against standards. 3. Comparing Performance: Identify deviations from benchmarks. 4. Taking Corrective Action: Implement measures to rectify deviations. 5. Feedback: Use insights to improve future planning and processes.
- 12. 6. Staffing Concept: Staffing focuses on acquiring, developing, and retaining a competent workforce. It ensures the organization has the right people in the right roles.
- 13. Process 1. Manpower Planning: Forecast human resource needs. 2. Recruitment: Attract qualified candidates. 3. Selection: Choose the most suitable candidates. 4. Training and Development: Enhance employee skills and knowledge. 5. Performance Appraisal: Evaluate employee performance. 6. Compensation and Retention: Offer competitive benefits to retain talent.
- 14. Summary The functions of management—Planning, Organising, Directing, Coordination, Controlling, and Staffing—are interconnected processes that enable organizations to achieve their goals effectively and efficiently. Each function plays a critical role in maintaining organizational success.
- 15. THANK YOU