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Functions of Management

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Functions of Management

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© © All Rights Reserved
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Management Principles

Management overview

03-01-2012
Meaning of management
• Managers play an activating role in
organizations. The success of organization
depends on the successful functioning of
management. The management is responsible
for planning, organizing, integrating and
interrelating organizational activities and
resources for achieving common objectives.
Definition of management
Harold Koontz: “Management is the art of
getting things done through and with people
in formally organized groups. It is the art of
creating environment in which people can
perform and individuals could co-operate
towards attaining of group goals. It is the art
of removing block to such performance, a way
of optimizing efficiency.
Levels of Management

The management of a large organization may have three levels

 Senior management (or "top management" or "upper


management")

 Middle management

 Low-level management, such as supervisors or team-leaders


Top-level management

 Require an extensive knowledge of management roles and skills.

 They have to be very aware of external factors such as markets.

 Their decisions are generally of a long-term nature

 Their decisions are made using analytic, directive, conceptual and/or


behavioral/participative processes

 They are responsible for strategic decisions.

 They have to chalk out the plan and see that plan may be effective in the
future.

 They are executive in nature.


Middle management

 Mid-level managers have a specialized understanding of certain


managerial tasks.

 They are responsible for carrying out the decisions made by top-level
management.
Lower management

 This level of management ensures that the decisions and plans taken by
the other two are carried out.

 Lower-level managers' decisions are generally short-term ones.


Manager - Meaning
Definition:
A Manager is the person responsible for planning
and directing the work of a group of individuals,
monitoring their work, and taking corrective
action when necessary. For many people, this is
their first step into a management career.
Functions of a manager

 Planning the work


 Target setter

 Decision maker
 Guiding the subordinates

 Delegating authority
 Arranging the facilities

 Problem solver
 Control the deviations

 Coordinator
Role of a Manager
 Director

 Motivator

 Guide

 Planner

 Supervisor

 Reporter
Managerial Skills

Skill-Mix at diff mgmt levels

 Conceptual skill Top Mgmt


Conceptual
Skill

 Technical Skill
Middle Mgmt HR Skill

 Human Relations Skill Supervisory Level


Technical skill
Management functions

 Planning

 Organizing

 Staffing

 Directing

 Controlling
Functions of Management

 Planning is the ongoing process of developing the business' mission and


objectives and determining how they will be accomplished. Planning
includes both the broadest view of the organization, e.g., its mission, and
the narrowest, e.g., a tactic for accomplishing a specific goal.

 Organizing is establishing the internal organizational structure of the


organization. The focus is on division, coordination, and control of tasks
and the flow of information within the organization. It is in this function
that managers distribute authority to job holders.
 Staffing is filling and keeping filled with qualified people all positions in
the business. Recruiting, hiring, training, evaluating and compensating
are the specific activities included in the function. In the family
business, staffing includes all paid and unpaid positions held by family
members including the owner/operators.

 Directing is influencing people's behavior through motivation,


communication, group dynamics, leadership and discipline. The purpose
of directing is to channel the behavior of all personnel to accomplish
the organization's mission and objectives while simultaneously helping
them accomplish their own career objectives.
 Controlling is a four-step process of establishing performance
standards based on the firm's objectives, Measuring and Reporting
Actual performance, Comparing the two, and Taking Corrective or
preventive action as necessary.

 Coordinating is the act of coordinating, making different people or


things work together for a goal or effect

 Motivation is the internal condition that activates behavior and gives it


direction; energizes and directs goal-oriented behavior

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