Functions of mgmt
- 1. FUNCTION OF MANAGEMENT * Planning. * Organizing. * Staffing. * Directing * Coordinating * Controlling. Er.Sartaj Singh Bajwa
- 2. Planning Planning is specifying the goals to be achieved and deciding in advance the appropriate actions taken to achieve those goals Planning includes : What to do When to do How to do Who to do Er.Sartaj Singh Bajwa
- 3. Organizing It is the process of identifying and grouping work to be performed . It includes : to identify the work to be performed to classify or group activities to assign these groups of activities to individuals to delegate authority & fix responsibility to coordinate relationship Er.Sartaj Singh Bajwa
- 4. Staffing It means filling human resources at the positions created by the organizations Staffing includes: Manpower planning Recruitment , Selection & Training Placement of manpower Development , promotion ,transfer Determination of remuneration Er.Sartaj Singh Bajwa
- 5. Directing It concerns the total manner in which a manager influences the actions of subordinates Activities in Directing are : Leadership Communication Motivation Supervision Er.Sartaj Singh Bajwa
- 6. Coordination It is regarded as the essence of management as in order to coordinate the activities of his subordinates It is of two types: Vertical coordination ( two levels ) Horizontal coordination(same level) Internal coordination ( within the organization ) External coordination ( outside ) Er.Sartaj Singh Bajwa
- 7. Controlling Controlling means evaluating the performance, if necessary , applying corrective measures so that the performance takes place according to plans Controlling includes : Establishing standards Measuring actual performance Comparing actual with standard Finding deviations Taking corrective Er.Sartaj Singh Bajwa
- 8. Management Challenges Globalization Technological changes Changes in work force Decision making process Social responsibility Er.Sartaj Singh Bajwa