Coconote
AI notes
AI voice & video notes
Export note
Try for free
Overview of Management Process Functions
Sep 28, 2024
Management Process Overview
Definition of a Process
A systematic way of getting things done.
Converts input into output.
Definition of Management Process
Involves organizing human and material resources to fulfill organizational objectives.
Sets goals and leads execution of projects or processes.
Comprises six key functions:
Planning
Organizing
Staffing
Directing
Coordinating
Controlling
Functions of Management Process
1. Planning
Purpose:
Looking forward and deciding future objectives.
Involves:
Thinking before doing.
Collecting information.
Fixing long-range objectives.
Developing policies, procedures, rules for strategy implementation.
Evaluating action patterns and finding limitations.
2. Organizing
Purpose:
Effective utilization of resources (men, machines, materials, money).
Steps:
Classifying work.
Assigning groups or individuals to work.
Delegating authority and fixing responsibilities.
3. Staffing
Purpose:
Selecting personnel for efficient performance of management functions.
Involves:
Evaluating knowledge and skills.
Selecting, recruiting suitable personnel.
Placement of manpower.
Training and development of employees.
4. Directing
Purpose:
Guiding and overseeing employee performance.
Key Activities:
Leadership.
Communication.
Motivation.
Supervision.
5. Coordinating
Purpose:
Harmonizing activities of different departments and groups.
Ensures:
Unity of action to achieve organizational goals.
Sub-functions:
Explanation of authority-responsibility relations.
Unity of command and direction.
Effective communication.
6. Controlling
Purpose:
Comparing actual performance with standards.
Description:
Looking backwards to ensure actions were correct.
Managers monitor subordinate activities.
Conclusion
Management Process is crucial for achieving organizational goals through systematic functions.
📄
Full transcript