DICT: Principles and practice of management notes

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FUNCTIONS OF A MANAGER/ FUNCTIONS OF MANAGEMENT

1.Planning:

Planning is the process of making decisions about the future. It is the process of determining enterprise objectives and selecting future courses of actions necessary for their accomplishment. Planning can also be referred to as the process of deciding in advance what is to be done, when and where it is to be done, how it is to be done and by whom it is to be done.

2. Organizing:

Organizing is concerned with the arrangement of an organization’s resources, i.e., people, materials, technology and finance, in order to achieve enterprise objectives. It involves decisions about the division of work, allocation of authority and responsibility and the coordination of tasks.

3. Staffing:

A manager’s greatest responsibility is to select, direct, develop and evaluate the people of the organization. Staffing is the function of employing suitable persons for the enterprise. It may be defined as an activity where people are recruited, selected, trained, developed, motivated and compensated for manning the various positions.

4. Directing:

The function of guiding and supervising the activities of the sub-ordinates is known as directing. To get things done, a manager should get along with people. He should motivate them to give their best. He should also communicate organizational policies and strategies effectively and get them implemented.

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