SlideShare a Scribd company logo
1 of 21
FUNCTIONS
OF
MANAGEMENT
By- Sweety Gupta
PLANNING
Planning
Deciding in advance :
 What to do
 How to do
 When to do
 Who is going to do it
 Bridges a gap between where we are today and
where we want to reach.
Sets the goal of an organization.
PLANNING
It is the basic function of management. It deals with
chalking out a future course of action & deciding in
advance the most appropriate course of actions for
achievement of pre-determined goals.
It is an exercise in problem solving & decision making.
Planning is determination of courses of action to achieve
desired goals.
Thus, planning is a systematic thinking about ways &
means for accomplishment of pre-determined goals.
Planning is necessary to ensure proper utilization of
human & non-human resources. It is all pervasive, it is
an intellectual activity and it also helps in avoiding
confusion, uncertainties
ORGANISING
Organizing
It is the process of bringing together physical,
financial and human resources and developing
productive relationship amongst them for
achievement of organizational goals.
According to Henry Fayol, “To organize a business is
to provide it with everything useful or its functioning
i.e. raw material, tools, capital and personnel’s”. To
organize a business involves determining &
providing human and non-human resources to the
organizational structure.
Establishing the framework of working:
 How many units or sub-units or departments are needed.
 How many posts or designations are needed in each
department.
 How to distribute authority and responsibility among
employees
Once these decisions are taken, organizational
structure gets set up.
Organizing as a process involves:
Identification of activities.
Classification of grouping of activities.
Assignment of duties.
Delegation of authority and creation of
responsibility.
Coordinating authority and responsibility
relationships.
STAFFING
Staffing
Recruiting, selecting, appointing the employees,
assigning duties, maintaining cordial relationship
and taking care of grievances of employees.
Training and Development of employees, deciding
their remuneration, promotion and increments.
Evaluting their performance.
It is the function of manning the organization
structure and keeping it manned. Staffing has
assumed greater importance in the recent years due
to advancement of technology, increase in size of
business, complexity of human behavior etc. The
main purpose o staffing is to put right man on right
job i.e. square pegs in square holes and round pegs in
round holes.
Staffing involves:
 Manpower Planning (estimating man power in terms of
searching, choose the person and giving the right place).
 Recruitment, selection & placement.
 Training & development.
 Remuneration.
 Performance appraisal.
 Promotions & transfer.
DIRECTING
Directing
Giving direction or instruction to employees to get
the job done.
Leadership qualities are required.
Motivating employees by providing monatory and
non-monetory incentives.
Comunicating with them at regular intervals.
It is that part of managerial function which actuates
the organizational methods to work efficiently for
achievement of organizational purposes. It is
considered life-spark of the enterprise which sets it
in motion the action of people because planning,
organizing and staffing are the mere preparations for
doing the work. Direction is that inert-personnel
aspect of management which deals directly with
influencing, guiding, supervising, motivating sub-
ordinate for the achievement of organizational goals.
Supervision- implies overseeing the work of subordinates
by their superiors. It is the act of watching & directing work
& workers.
Motivation- means inspiring, stimulating or encouraging
the sub-ordinates with zeal to work. Positive, negative,
monetary, non-monetary incentives may be used for this
purpose.
Leadership- may be defined as a process by which
manager guides and influences the work of subordinates in
desired direction.
Communications- is the process of passing information,
experience, opinion etc from one person to another. It is a
bridge of understanding
CONTROLLING
Controlling
Matching actual performance with the planed goal.
If problem, tries to find out the reasons of deviation.
Suggesting corrective measures come on the path of
plan
CONTROLLING:
It implies measurement of accomplishment against
the standards and correction of deviation if any to
ensure achievement of organizational goals. The
purpose of controlling is to ensure that everything
occurs in conformities with the standards. An
efficient system of control helps to predict deviations
before they actually occur. According to Theo
Haimann, “Controlling is the process of checking
whether or not proper progress is being made
towards the objectives and goals and acting if
necessary, to correct any deviation”.
Therefore controlling has following steps:
 Establishment of standard performance.
 Measurement of actual performance.
 Comparison of actual performance with the standards and
finding out deviation if any.
 Corrective action.
Five Functions of management.

More Related Content

What's hot

Principles of Management
Principles of ManagementPrinciples of Management
Principles of ManagementHeinz Del Monte
 
Nature and scope of management
Nature and scope of managementNature and scope of management
Nature and scope of managementPriyanka Roy
 
Meaning,nature,scope,process of management & approaches of a system
Meaning,nature,scope,process of management & approaches of a systemMeaning,nature,scope,process of management & approaches of a system
Meaning,nature,scope,process of management & approaches of a systemsadhikakatiyar
 
Levels of management
Levels of managementLevels of management
Levels of managementSweetp999
 
PLANNING IN MANAGEMENT,DEFINITION CHARACTERISTICS, IMPORTANCE AND LIMITATIONS
PLANNING IN MANAGEMENT,DEFINITION CHARACTERISTICS, IMPORTANCE AND LIMITATIONSPLANNING IN MANAGEMENT,DEFINITION CHARACTERISTICS, IMPORTANCE AND LIMITATIONS
PLANNING IN MANAGEMENT,DEFINITION CHARACTERISTICS, IMPORTANCE AND LIMITATIONSAMALDASKH
 
MANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTION
MANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTIONMANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTION
MANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTIONAMALDASKH
 
Organizing in management
Organizing in managementOrganizing in management
Organizing in managementAMALDASKH
 
LEVELS OF MANAGEMENT
LEVELS OF MANAGEMENTLEVELS OF MANAGEMENT
LEVELS OF MANAGEMENTUzair Javed
 
Importance of Management
Importance of ManagementImportance of Management
Importance of Managementuma reur
 
Delegation of authority
Delegation of authorityDelegation of authority
Delegation of authorityMegha Kumawat
 
14 Principles Of Management
14 Principles Of Management14 Principles Of Management
14 Principles Of Managementrahul singh
 
Directing as management function
Directing as management functionDirecting as management function
Directing as management functionPragati Jain
 

What's hot (20)

Principles of Management
Principles of ManagementPrinciples of Management
Principles of Management
 
INTRODUCTION TO MANAGEMENT
INTRODUCTION TO MANAGEMENT INTRODUCTION TO MANAGEMENT
INTRODUCTION TO MANAGEMENT
 
Nature and scope of management
Nature and scope of managementNature and scope of management
Nature and scope of management
 
Meaning,nature,scope,process of management & approaches of a system
Meaning,nature,scope,process of management & approaches of a systemMeaning,nature,scope,process of management & approaches of a system
Meaning,nature,scope,process of management & approaches of a system
 
Controlling in management
Controlling in managementControlling in management
Controlling in management
 
Levels of management
Levels of managementLevels of management
Levels of management
 
PLANNING IN MANAGEMENT,DEFINITION CHARACTERISTICS, IMPORTANCE AND LIMITATIONS
PLANNING IN MANAGEMENT,DEFINITION CHARACTERISTICS, IMPORTANCE AND LIMITATIONSPLANNING IN MANAGEMENT,DEFINITION CHARACTERISTICS, IMPORTANCE AND LIMITATIONS
PLANNING IN MANAGEMENT,DEFINITION CHARACTERISTICS, IMPORTANCE AND LIMITATIONS
 
Controlling process
Controlling processControlling process
Controlling process
 
MANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTION
MANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTIONMANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTION
MANAGEMENT- DEFINITION, OBJECTIVES,CHARACTERISTICS AND FUNCTION
 
Organizing in management
Organizing in managementOrganizing in management
Organizing in management
 
Planning
PlanningPlanning
Planning
 
LEVELS OF MANAGEMENT
LEVELS OF MANAGEMENTLEVELS OF MANAGEMENT
LEVELS OF MANAGEMENT
 
Importance of Management
Importance of ManagementImportance of Management
Importance of Management
 
Organizing in Principles of Management
Organizing in Principles of ManagementOrganizing in Principles of Management
Organizing in Principles of Management
 
Delegation of authority
Delegation of authorityDelegation of authority
Delegation of authority
 
14 Principles Of Management
14 Principles Of Management14 Principles Of Management
14 Principles Of Management
 
Directing as management function
Directing as management functionDirecting as management function
Directing as management function
 
Management by objectives
Management by objectivesManagement by objectives
Management by objectives
 
Mbo ppt
Mbo pptMbo ppt
Mbo ppt
 
Types of planning
Types of planningTypes of planning
Types of planning
 

Viewers also liked

Functions Of Management
Functions Of ManagementFunctions Of Management
Functions Of ManagementZohra Rubab
 
Functions of management
Functions of managementFunctions of management
Functions of managementprathapsaran
 
Functions of management
Functions of managementFunctions of management
Functions of managementAltyeb Sayf
 
Examples of function of management
Examples of function of managementExamples of function of management
Examples of function of managementbabyreid1
 
Basic Management Functions
Basic Management FunctionsBasic Management Functions
Basic Management FunctionsMIT, MAndsaur
 
Three Types of managerial skills
Three Types of managerial skillsThree Types of managerial skills
Three Types of managerial skillsAriel Vince Niala
 
Functions Of Management
Functions Of ManagementFunctions Of Management
Functions Of ManagementMJPage
 
Skills To Make You An Effective Manager
Skills To Make You An Effective ManagerSkills To Make You An Effective Manager
Skills To Make You An Effective ManagerSamuli Pahkala
 
Degree of Decentralization & Factors Affecting it. (By Affan Dabir)
Degree of Decentralization & Factors Affecting it. (By Affan Dabir)Degree of Decentralization & Factors Affecting it. (By Affan Dabir)
Degree of Decentralization & Factors Affecting it. (By Affan Dabir)AffanDabir
 
Financial Forecasting & Planning
Financial Forecasting & PlanningFinancial Forecasting & Planning
Financial Forecasting & Planningtintin_leo
 
Integrated Management Systems
Integrated Management SystemsIntegrated Management Systems
Integrated Management SystemsJuhani Anttila
 
Contingency management theory - Fred Feidler
Contingency management theory - Fred FeidlerContingency management theory - Fred Feidler
Contingency management theory - Fred FeidlerDr.Kirti Choukikar
 
Contingency Theory
Contingency TheoryContingency Theory
Contingency TheoryRazzy Ha
 
Taylors Principles Of Scientific Management
Taylors Principles Of Scientific ManagementTaylors Principles Of Scientific Management
Taylors Principles Of Scientific ManagementGuru Aarat
 
Virtual Teams
Virtual TeamsVirtual Teams
Virtual Teamsjkleppang
 

Viewers also liked (20)

Functions Of Management
Functions Of ManagementFunctions Of Management
Functions Of Management
 
Functions of management
Functions of managementFunctions of management
Functions of management
 
Functions of management
Functions of managementFunctions of management
Functions of management
 
Examples of function of management
Examples of function of managementExamples of function of management
Examples of function of management
 
Functions of management
Functions of managementFunctions of management
Functions of management
 
Basic Management Functions
Basic Management FunctionsBasic Management Functions
Basic Management Functions
 
Basic concept of management
Basic concept of managementBasic concept of management
Basic concept of management
 
Types of organisations
Types of organisationsTypes of organisations
Types of organisations
 
Ppt ch01
Ppt ch01Ppt ch01
Ppt ch01
 
Three Types of managerial skills
Three Types of managerial skillsThree Types of managerial skills
Three Types of managerial skills
 
Functions Of Management
Functions Of ManagementFunctions Of Management
Functions Of Management
 
Skills To Make You An Effective Manager
Skills To Make You An Effective ManagerSkills To Make You An Effective Manager
Skills To Make You An Effective Manager
 
Degree of Decentralization & Factors Affecting it. (By Affan Dabir)
Degree of Decentralization & Factors Affecting it. (By Affan Dabir)Degree of Decentralization & Factors Affecting it. (By Affan Dabir)
Degree of Decentralization & Factors Affecting it. (By Affan Dabir)
 
Financial Forecasting & Planning
Financial Forecasting & PlanningFinancial Forecasting & Planning
Financial Forecasting & Planning
 
Integrated Management Systems
Integrated Management SystemsIntegrated Management Systems
Integrated Management Systems
 
Integrated management systems
Integrated management systemsIntegrated management systems
Integrated management systems
 
Contingency management theory - Fred Feidler
Contingency management theory - Fred FeidlerContingency management theory - Fred Feidler
Contingency management theory - Fred Feidler
 
Contingency Theory
Contingency TheoryContingency Theory
Contingency Theory
 
Taylors Principles Of Scientific Management
Taylors Principles Of Scientific ManagementTaylors Principles Of Scientific Management
Taylors Principles Of Scientific Management
 
Virtual Teams
Virtual TeamsVirtual Teams
Virtual Teams
 

Similar to Five Functions of management.

functions_of_management.pptx
functions_of_management.pptxfunctions_of_management.pptx
functions_of_management.pptxssuser687746
 
CHAPTER III - Management Functions.pptx
CHAPTER III - Management Functions.pptxCHAPTER III - Management Functions.pptx
CHAPTER III - Management Functions.pptxSaiPrasad247616
 
Functions of management
Functions of managementFunctions of management
Functions of managementSmita Shukla
 
Functions of management
Functions of managementFunctions of management
Functions of managementJithin Abraham
 
Functions of management
Functions of managementFunctions of management
Functions of managementYousuf Qasim
 
Management process versus management functions
Management process versus management functionsManagement process versus management functions
Management process versus management functionsAlok Mishra
 
FUNCTIONS OF MANAGEMENT.pptx
FUNCTIONS OF MANAGEMENT.pptxFUNCTIONS OF MANAGEMENT.pptx
FUNCTIONS OF MANAGEMENT.pptxBALASUNDARESAN M
 
MANAGEMENT FUNCTION OF AN ENTREPRENEUR
MANAGEMENT FUNCTION OF AN ENTREPRENEURMANAGEMENT FUNCTION OF AN ENTREPRENEUR
MANAGEMENT FUNCTION OF AN ENTREPRENEURMikylaLaurio
 
Functions of management 1
Functions of management 1Functions of management 1
Functions of management 1smithamiranda
 
PERSONNEL MANAGEMENT FUNCTIONS OF ADMINISTRATION.pptx
PERSONNEL MANAGEMENT FUNCTIONS OF ADMINISTRATION.pptxPERSONNEL MANAGEMENT FUNCTIONS OF ADMINISTRATION.pptx
PERSONNEL MANAGEMENT FUNCTIONS OF ADMINISTRATION.pptxMelodyQManding
 
Classification of management functions
Classification of management functionsClassification of management functions
Classification of management functionssrk sharmi
 
Management Functions of an Entepreneur
Management Functions of an EntepreneurManagement Functions of an Entepreneur
Management Functions of an EntepreneurJmGamara
 
Management Functions of an Entepreneur
Management Functions of an EntepreneurManagement Functions of an Entepreneur
Management Functions of an EntepreneurJmGamara
 

Similar to Five Functions of management. (20)

functions_of_management.pptx
functions_of_management.pptxfunctions_of_management.pptx
functions_of_management.pptx
 
Functionsofmanagement
FunctionsofmanagementFunctionsofmanagement
Functionsofmanagement
 
Lecture 2
Lecture 2Lecture 2
Lecture 2
 
Functions of management
Functions of managementFunctions of management
Functions of management
 
Management P.
Management P.Management P.
Management P.
 
CHAPTER III - Management Functions.pptx
CHAPTER III - Management Functions.pptxCHAPTER III - Management Functions.pptx
CHAPTER III - Management Functions.pptx
 
Functions of management
Functions of managementFunctions of management
Functions of management
 
Functions of management
Functions of managementFunctions of management
Functions of management
 
Functions of management
Functions of managementFunctions of management
Functions of management
 
Management process versus management functions
Management process versus management functionsManagement process versus management functions
Management process versus management functions
 
FUNCTIONS OF MANAGEMENT.pptx
FUNCTIONS OF MANAGEMENT.pptxFUNCTIONS OF MANAGEMENT.pptx
FUNCTIONS OF MANAGEMENT.pptx
 
MANAGEMENT FUNCTION OF AN ENTREPRENEUR
MANAGEMENT FUNCTION OF AN ENTREPRENEURMANAGEMENT FUNCTION OF AN ENTREPRENEUR
MANAGEMENT FUNCTION OF AN ENTREPRENEUR
 
Functions of management 1
Functions of management 1Functions of management 1
Functions of management 1
 
PERSONNEL MANAGEMENT FUNCTIONS OF ADMINISTRATION.pptx
PERSONNEL MANAGEMENT FUNCTIONS OF ADMINISTRATION.pptxPERSONNEL MANAGEMENT FUNCTIONS OF ADMINISTRATION.pptx
PERSONNEL MANAGEMENT FUNCTIONS OF ADMINISTRATION.pptx
 
Mg6851-principles of management
Mg6851-principles of managementMg6851-principles of management
Mg6851-principles of management
 
What is management by muzammil
What is management by muzammilWhat is management by muzammil
What is management by muzammil
 
Ob mod1
Ob mod1Ob mod1
Ob mod1
 
Classification of management functions
Classification of management functionsClassification of management functions
Classification of management functions
 
Management Functions of an Entepreneur
Management Functions of an EntepreneurManagement Functions of an Entepreneur
Management Functions of an Entepreneur
 
Management Functions of an Entepreneur
Management Functions of an EntepreneurManagement Functions of an Entepreneur
Management Functions of an Entepreneur
 

More from Sweetp999

Economic growth and economic development
Economic growth and economic developmentEconomic growth and economic development
Economic growth and economic developmentSweetp999
 
Memorandum and articles
Memorandum and articlesMemorandum and articles
Memorandum and articlesSweetp999
 
Negotiation and effects of endorsement
Negotiation and effects of endorsementNegotiation and effects of endorsement
Negotiation and effects of endorsementSweetp999
 
Negotiable instruments
Negotiable instrumentsNegotiable instruments
Negotiable instrumentsSweetp999
 
Crossing of cheque
Crossing of chequeCrossing of cheque
Crossing of chequeSweetp999
 
Rights of an unpaid seller
Rights of an unpaid sellerRights of an unpaid seller
Rights of an unpaid sellerSweetp999
 
Sale and agreement to sell
Sale and agreement to sellSale and agreement to sell
Sale and agreement to sellSweetp999
 
Transfer of property
Transfer of propertyTransfer of property
Transfer of propertySweetp999
 
Salesofgoodsact
SalesofgoodsactSalesofgoodsact
SalesofgoodsactSweetp999
 
Indemnity & guarantee
Indemnity & guaranteeIndemnity & guarantee
Indemnity & guaranteeSweetp999
 
Bailment & pledge
Bailment & pledgeBailment & pledge
Bailment & pledgeSweetp999
 
Types of contract
Types of contractTypes of contract
Types of contractSweetp999
 
Essential elements of a valid contract
Essential elements of a valid contractEssential elements of a valid contract
Essential elements of a valid contractSweetp999
 
objectives of Current 5 year plan(2012-17)
objectives of Current 5 year plan(2012-17)objectives of Current 5 year plan(2012-17)
objectives of Current 5 year plan(2012-17)Sweetp999
 
Liberalisation, privatisation and globalisation.
Liberalisation, privatisation and globalisation.Liberalisation, privatisation and globalisation.
Liberalisation, privatisation and globalisation.Sweetp999
 
Process of communication
Process of communicationProcess of communication
Process of communicationSweetp999
 
Accounting concepts
Accounting conceptsAccounting concepts
Accounting conceptsSweetp999
 
Mutual funds
Mutual fundsMutual funds
Mutual fundsSweetp999
 
Capital structure
Capital structureCapital structure
Capital structureSweetp999
 

More from Sweetp999 (20)

Economic growth and economic development
Economic growth and economic developmentEconomic growth and economic development
Economic growth and economic development
 
Memorandum and articles
Memorandum and articlesMemorandum and articles
Memorandum and articles
 
Negotiation and effects of endorsement
Negotiation and effects of endorsementNegotiation and effects of endorsement
Negotiation and effects of endorsement
 
Negotiable instruments
Negotiable instrumentsNegotiable instruments
Negotiable instruments
 
Crossing of cheque
Crossing of chequeCrossing of cheque
Crossing of cheque
 
Rights of an unpaid seller
Rights of an unpaid sellerRights of an unpaid seller
Rights of an unpaid seller
 
Sale and agreement to sell
Sale and agreement to sellSale and agreement to sell
Sale and agreement to sell
 
Transfer of property
Transfer of propertyTransfer of property
Transfer of property
 
Salesofgoodsact
SalesofgoodsactSalesofgoodsact
Salesofgoodsact
 
Indemnity & guarantee
Indemnity & guaranteeIndemnity & guarantee
Indemnity & guarantee
 
Bailment & pledge
Bailment & pledgeBailment & pledge
Bailment & pledge
 
Agency
AgencyAgency
Agency
 
Types of contract
Types of contractTypes of contract
Types of contract
 
Essential elements of a valid contract
Essential elements of a valid contractEssential elements of a valid contract
Essential elements of a valid contract
 
objectives of Current 5 year plan(2012-17)
objectives of Current 5 year plan(2012-17)objectives of Current 5 year plan(2012-17)
objectives of Current 5 year plan(2012-17)
 
Liberalisation, privatisation and globalisation.
Liberalisation, privatisation and globalisation.Liberalisation, privatisation and globalisation.
Liberalisation, privatisation and globalisation.
 
Process of communication
Process of communicationProcess of communication
Process of communication
 
Accounting concepts
Accounting conceptsAccounting concepts
Accounting concepts
 
Mutual funds
Mutual fundsMutual funds
Mutual funds
 
Capital structure
Capital structureCapital structure
Capital structure
 

Recently uploaded

Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfciinovamais
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphThiyagu K
 
1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi  6.pdf1029-Danh muc Sach Giao Khoa khoi  6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdfQucHHunhnh
 
The byproduct of sericulture in different industries.pptx
The byproduct of sericulture in different industries.pptxThe byproduct of sericulture in different industries.pptx
The byproduct of sericulture in different industries.pptxShobhayan Kirtania
 
Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..Disha Kariya
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsTechSoup
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeThiyagu K
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...EduSkills OECD
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3JemimahLaneBuaron
 
Russian Call Girls in Andheri Airport Mumbai WhatsApp 9167673311 💞 Full Nigh...
Russian Call Girls in Andheri Airport Mumbai WhatsApp  9167673311 💞 Full Nigh...Russian Call Girls in Andheri Airport Mumbai WhatsApp  9167673311 💞 Full Nigh...
Russian Call Girls in Andheri Airport Mumbai WhatsApp 9167673311 💞 Full Nigh...Pooja Nehwal
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdfQucHHunhnh
 
Disha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdfDisha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdfchloefrazer622
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104misteraugie
 
Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Celine George
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingTechSoup
 
mini mental status format.docx
mini    mental       status     format.docxmini    mental       status     format.docx
mini mental status format.docxPoojaSen20
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxVS Mahajan Coaching Centre
 

Recently uploaded (20)

Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot Graph
 
1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi  6.pdf1029-Danh muc Sach Giao Khoa khoi  6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdf
 
The byproduct of sericulture in different industries.pptx
The byproduct of sericulture in different industries.pptxThe byproduct of sericulture in different industries.pptx
The byproduct of sericulture in different industries.pptx
 
Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The Basics
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and Mode
 
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 
Advance Mobile Application Development class 07
Advance Mobile Application Development class 07Advance Mobile Application Development class 07
Advance Mobile Application Development class 07
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3
 
Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1
 
Russian Call Girls in Andheri Airport Mumbai WhatsApp 9167673311 💞 Full Nigh...
Russian Call Girls in Andheri Airport Mumbai WhatsApp  9167673311 💞 Full Nigh...Russian Call Girls in Andheri Airport Mumbai WhatsApp  9167673311 💞 Full Nigh...
Russian Call Girls in Andheri Airport Mumbai WhatsApp 9167673311 💞 Full Nigh...
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
Disha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdfDisha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdf
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
 
Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy Consulting
 
mini mental status format.docx
mini    mental       status     format.docxmini    mental       status     format.docx
mini mental status format.docx
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
 

Five Functions of management.

  • 3. Planning Deciding in advance :  What to do  How to do  When to do  Who is going to do it  Bridges a gap between where we are today and where we want to reach. Sets the goal of an organization.
  • 4. PLANNING It is the basic function of management. It deals with chalking out a future course of action & deciding in advance the most appropriate course of actions for achievement of pre-determined goals. It is an exercise in problem solving & decision making. Planning is determination of courses of action to achieve desired goals. Thus, planning is a systematic thinking about ways & means for accomplishment of pre-determined goals. Planning is necessary to ensure proper utilization of human & non-human resources. It is all pervasive, it is an intellectual activity and it also helps in avoiding confusion, uncertainties
  • 6. Organizing It is the process of bringing together physical, financial and human resources and developing productive relationship amongst them for achievement of organizational goals. According to Henry Fayol, “To organize a business is to provide it with everything useful or its functioning i.e. raw material, tools, capital and personnel’s”. To organize a business involves determining & providing human and non-human resources to the organizational structure.
  • 7. Establishing the framework of working:  How many units or sub-units or departments are needed.  How many posts or designations are needed in each department.  How to distribute authority and responsibility among employees Once these decisions are taken, organizational structure gets set up.
  • 8. Organizing as a process involves: Identification of activities. Classification of grouping of activities. Assignment of duties. Delegation of authority and creation of responsibility. Coordinating authority and responsibility relationships.
  • 10. Staffing Recruiting, selecting, appointing the employees, assigning duties, maintaining cordial relationship and taking care of grievances of employees. Training and Development of employees, deciding their remuneration, promotion and increments. Evaluting their performance.
  • 11. It is the function of manning the organization structure and keeping it manned. Staffing has assumed greater importance in the recent years due to advancement of technology, increase in size of business, complexity of human behavior etc. The main purpose o staffing is to put right man on right job i.e. square pegs in square holes and round pegs in round holes.
  • 12. Staffing involves:  Manpower Planning (estimating man power in terms of searching, choose the person and giving the right place).  Recruitment, selection & placement.  Training & development.  Remuneration.  Performance appraisal.  Promotions & transfer.
  • 14. Directing Giving direction or instruction to employees to get the job done. Leadership qualities are required. Motivating employees by providing monatory and non-monetory incentives. Comunicating with them at regular intervals.
  • 15. It is that part of managerial function which actuates the organizational methods to work efficiently for achievement of organizational purposes. It is considered life-spark of the enterprise which sets it in motion the action of people because planning, organizing and staffing are the mere preparations for doing the work. Direction is that inert-personnel aspect of management which deals directly with influencing, guiding, supervising, motivating sub- ordinate for the achievement of organizational goals.
  • 16. Supervision- implies overseeing the work of subordinates by their superiors. It is the act of watching & directing work & workers. Motivation- means inspiring, stimulating or encouraging the sub-ordinates with zeal to work. Positive, negative, monetary, non-monetary incentives may be used for this purpose. Leadership- may be defined as a process by which manager guides and influences the work of subordinates in desired direction. Communications- is the process of passing information, experience, opinion etc from one person to another. It is a bridge of understanding
  • 18. Controlling Matching actual performance with the planed goal. If problem, tries to find out the reasons of deviation. Suggesting corrective measures come on the path of plan
  • 19. CONTROLLING: It implies measurement of accomplishment against the standards and correction of deviation if any to ensure achievement of organizational goals. The purpose of controlling is to ensure that everything occurs in conformities with the standards. An efficient system of control helps to predict deviations before they actually occur. According to Theo Haimann, “Controlling is the process of checking whether or not proper progress is being made towards the objectives and goals and acting if necessary, to correct any deviation”.
  • 20. Therefore controlling has following steps:  Establishment of standard performance.  Measurement of actual performance.  Comparison of actual performance with the standards and finding out deviation if any.  Corrective action.