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2 Function of Management

mgt functions

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13 views19 pages

2 Function of Management

mgt functions

Uploaded by

sujeeshan2022
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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SeminarPpt.

com
Seminar
On
Functions
Of
Management
Submitted to: Submitted By
Seminarppt.com Seminarppt.com
Table Contents
Definition
Introduction
Function of Management
Importance of Management
Conclusion

2
Definition

Management is defined as the procedure


of organising, directing, planning and
controlling the efforts of organisational
members and of managing organisational
sources to accomplish particular goals.

3
Introduction

• According to George & Jerry, “There are four


fundamental functions of management i.e.
planning, organizing, actuating and
controlling”.
• According to Henry Fayol, “To manage is to
forecast and plan, to organize, to command, &
to control”.

4
5
Functions of Management

Planning
• It is the purpose of ascertaining in advance what
is supposed to be done and who has to do it.
This signifies establishing goals in advance and
promoting a way of delivering them effectively
and efficiently.
• In an establishment, the aim is the obtainment
and sale of conventional Indian handloom and
workmanship articles.

●●●
6
Functions of Management

Organising
• It is the administrative operation of
specifying grouping tasks, duties, authorising
power and designating resources needed to
carry out a particular system.
• Once a definite plan has been set for the
completion of an organisational intent, the
organising party reviews the actions and
resources expected to execute the program.
●●●
7
Functions of Management

Staffing
• This obtain the best resources for the right
job.
• A significant perspective of management is to
make certain that the appropriate people
with the apt skills are obtainable in the
proper places and times to achieve the goals
of the company.

●●●
8
Functions of Management

Directing
• It involves directing, leading and encouraging
the employees to complete the tasks allocated
to them. This entails building an environment
that inspires employees to do their best.
• Directing also includes communicating
efficiently as well as managing employees at
the workplace.

●●●
9
Functions of Management

Controlling
• It is the management operation of controlling
organisational achievement towards the
accomplishment of organisational intentions.
• The job of controlling comprises ascertaining
criteria of performance, computing the current
performance, comparing this with organised
rules and taking remedial action where any
divergence is observed.
●●●
10
Functions of Management

Communication
• To analyze problems and make decisions,
managers need a lot of information from other
levels of the organization, which they can obtain
if they have adequate communication channels.
• The same happens when they must report on
their decisions to create bases for consensus and
a disciplinary framework to put them into
practice.

●●●
11
Functions of Management

Decision-making
• Faced with environmental problems or
opportunities, it is necessary to propose various
alternatives of possible courses of action,
evaluate them according to various criteria,
weigh opinions and advice, and ultimately
choose one, make the decision, and finally carry
it out.

●●●
12
Functions of Management

Problem Analysis
• In every organization, problems, incidents, and
difficulties are constantly occurring. You have to
detect them, analyze them, find their causes,
establish their importance and priority, find
their solution, and implement it.

13
Importance of Management

• The first thing to specify is that


management is the last higher link in a
company’s hierarchy.
• They are responsible for ensuring the
operation of every department,
supervising human talent, and taking
corrective measures whenever necessary.

●●●
14
Importance of Management

• Management is in charge of directing a


group of people under its command and
must report their activities daily or as
agreed between the parties.
• In this case, the essential reason
management is clearly defined: the
supervision and coordination of a
manager.

●●●
15
Importance of Management

• Additionally, management is responsible for


identifying the possible problems that a given
situation could trigger and developing an
action plan that provides solutions in the
medium and long term.
• Another function that strategic management
asserts is making decisions or approving
proposals from teams or project managers.

16
Conclusion
 Originally identified by Henri Fayol as five
elements, there are now four commonly accepted
functions of management that encompass these
necessary skills: planning, organizing, leading, and
controlling.

17
References

• Wikipedia.org
• Google.com
• Seminarppt.com
• Studymafia.org
Thanks
To
SeminarPpt.Com

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