Unit 2 functions of the management
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This document discusses the key functions of management: planning, organizing, leading, and controlling. It provides details on each function: planning involves setting goals and strategies; organizing is allocating resources and defining roles; leading is motivating employees; controlling monitors progress and ensures goals are met. The document also covers important managerial skills like technical, human, and conceptual skills and provides an assignment on analyzing the importance of planning and reasons why plans often fail.
Unit 2 functions of the management
- 1. Management Functions By – Hijratullah Tahir Chapter # 2
- 2. Chapter Outline • Functions of the Management; I. Planning II. Organizing III. Leading and IV. Controlling • Managerial Skills • Assignment
- 3. Functions of the Management … • Some activities or responsibilities are very crucial. Therefore, every manager need to perform according to their job requirement; a. Planning – Setting of Org. goal & How best to achieve them b. Organizing – Allocate the resources c. Leading – Motivate Employees to work with their best interest d. Controlling – Monitoring and Correcting ongoing activities to facilitate in the achievement of goal
- 4. Functions of the Management … A. Planning; • Define Goal and Establishing strategy and sub- plan to coordinate the activities • Managers measures the Potential of organization and set the objectives
- 5. Functions of the Management … A. Planning Continue … • Elements of the planning; i. Policies - to achieve organizational goals ii. Distribution of activities iii. Procedure – how to deal with internal and external matters iv. Budget – Funding and allocation of funds
- 6. Functions of the Management … B. Organizing; • Deciding where decisions will be made? • Who will do what jobs and tasks? • Who will work for whom ? • Process, How organization arrange and utilize the resources • to achieve the org. objectives
- 7. Functions of the Management … B. Organizing Continue … • Elements of the Organizing; i. Positions – Grouping of activities on the similarity base ii. Hiring – Right person for right job at a right time iii. Positive Organization environment iv. Management Cross units relationship
- 8. Functions of the Management … C. Leading; • Inspiring and Motivating • Managers utilize the staff potentials to achieve organization’s and Employees’ objectives • Through alignment of organization objective with employee objective
- 9. Functions of the Management … C. Leading; C. Elements of the Leading i. To bring similarities ii. To strengthen relationship with; • Supervisor, Co-workers and sub-ordinate iii. Fair benefits and rewards iv. Appreciation for Good work
- 10. Functions of the Management … D. Controlling; • Monitoring progress towards goal achievement and taking corrective action when needed • Optimum utilization of resources • To uncover areas of deficiency & to take remedial action
- 11. Functions of the Management … D. Controlling; • Elements of the Controlling; • Measure the employee actual performance • Compare actual with standard performance • Take corrective actions • Shared new decision and plan with employee
- 12. Managerial Skills • Skills, Manager must adopt and utilize to achieve the organizational goals • Types of Managerial skills; I. Technical skills II. Human Skills III. Conceptual Skills
- 13. Managerial Skills … I. Technical Skills • Manager ability to give perfect performance in their respective field of specialization • Have information about task assigned to him • Like; • Finance manager about Finance theories, practices and Applicants etc.
- 14. Managerial Skills … II. Human Skills • Manager ability to work and coordinate with; o Supervisor, Co-workers , o sub-ordinates and other colleagues • To motivate them and work effectively • To understand problem of others • Like; Understand work under pressure, Identify and Appreciate good performer
- 15. Managerial Skills … III. Conceptual Skills • Ability to coordinate and integrate various organizational activities • Ability perceive and understand the issue and problem quickly • Take immediate judgment on the accurate time • Like; Employees Absenteeism and decline in the employee performance
- 16. Assignment # 01 • Part 1- Why Planning is important in the organization? • Part 2 – Why most of plans failed to Execute/ Implement properly? • Assignment must comprised of the following sections; • Title page, Abstract, Introduction, Body and Conclusion. • Assignment will be no less than 4 pages with out title page or title fly. • Deadline; in the upcoming class
- 17. The End …