Management is described as the process of planning, organising, directing and controlling the efforts of organisational members its resources to achieve specific goals. Let’s discuss these functions of management which is also known as Management Processes.
Functions of Management: Planning
Planning is the most basic and pervasive process involved in management. Planning is the function of determining in advance what actions to take and when and how to take them. This implies setting goals in advance and developing a way of achieving them efficiently and effectively. Planning cannot prevent problems, but it can predict them and prepare contingency plans to deal with them if and when they occur.
Organising is the formal grouping of people and activities to facilitate the achievement of firm’s objectives. It involves the function of assigning duties, grouping tasks, establishing authority and allocating resources required to carry out a specific plan. The organising function examines the activities and resources required to implement the plan. Organising involves the grouping of the required tasks into manageable departments or work units and the establishment of authority and reporting relationships within the organisational hierarchy.
It is the process of finding the right people for the right job. This is also known as the human resource function and it involves activities such as recruitment, selection, placement and training of personnel.
It involves leading, influencing and motivating employees to perform the tasks assigned to them. Motivation and leadership are two key components of direction.
- Motivating workers means simply creating an environment that makes them want to work.
- Leadership is influencing others to do what the leader wants them to do.
A good manager directs through praise and criticism in such a way that it brings out the best in the employee
It is the process of monitoring organizational performance towards the attainment of organisational goals. The task of controlling involves establishing standards of performance, measuring current performance, comparing this with established standards and taking corrective action where any deviation is found
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