Elaborate the Function of Management
1. Elaborate the function of Management.
Answer:
Management is the process of getting activities completed efficiently and effectively with and through other people. Thus Management is creative problem solving or problem moving process. This creative problem solving is accomplished through various functions of management: planning, organizing, staffing, leading and controlling. The intended result is the use of an organization's resources in a way that accomplishes its mission and objectives.
The function of Management is modern context are as follow:
i. Planning
Planning is concerned with the future impact of today's decisions. It is the fundamental function of management from which the other four stem. The need for planning is often apparent after the fact. However, planning is easy to postpone in the short-run. Postponement of planning especially plagues labor oriented, hands on managers. Planning is important at all levels of management. However, its characteristics vary by level of management. The Planning involves vision-mission-objectives-goals. The tasks of the strategic planning process is shown below The organizing, staffing, leading and controlling functions stem from the planning function. The manager is ready to organize and staffs only after goals and plans to reach the goals are in place. Likewise, the leading function, influencing the behavior of people in the organization, depends on the goals to be achieved. Finally, in the controlling function, the determination of whether or not goals are being accomplished and standards met is based on the planning function. The planning function provides the goals and standards that drive the controlling function.
ii. Organizing
When it comes to business leadership, one of the most important aspects is the organizing function of management. Organizing is allocating and configuring resources to accomplish the preferred goals and objectives establishing during the planning processes. Hence we can
Answer:
Management is the process of getting activities completed efficiently and effectively with and through other people. Thus Management is creative problem solving or problem moving process. This creative problem solving is accomplished through various functions of management: planning, organizing, staffing, leading and controlling. The intended result is the use of an organization's resources in a way that accomplishes its mission and objectives.
The function of Management is modern context are as follow:
i. Planning
Planning is concerned with the future impact of today's decisions. It is the fundamental function of management from which the other four stem. The need for planning is often apparent after the fact. However, planning is easy to postpone in the short-run. Postponement of planning especially plagues labor oriented, hands on managers. Planning is important at all levels of management. However, its characteristics vary by level of management. The Planning involves vision-mission-objectives-goals. The tasks of the strategic planning process is shown below The organizing, staffing, leading and controlling functions stem from the planning function. The manager is ready to organize and staffs only after goals and plans to reach the goals are in place. Likewise, the leading function, influencing the behavior of people in the organization, depends on the goals to be achieved. Finally, in the controlling function, the determination of whether or not goals are being accomplished and standards met is based on the planning function. The planning function provides the goals and standards that drive the controlling function.
ii. Organizing
When it comes to business leadership, one of the most important aspects is the organizing function of management. Organizing is allocating and configuring resources to accomplish the preferred goals and objectives establishing during the planning processes. Hence we can