|
Managerial functions may be classified as:
·
Planning
·
Organizing
·
Staffing
·
Directing
·
Controlling
Planning:
Planning is primary function of management. It
is process of thinking in advance the future
course of actions. It involves what to do, when
to do, where to do and by whom it is to be done.
Thus it is actually thinking before doing. Major
activities in planning includes determination of
organizational objectives, projects, setting
policies strategies and making rules, procedures
and budgets.
Organizing:
Organizing is process of dividing work into
duties, grouping of these duties in the form of
positions and grouping of these positions in the
form of departments. It is an important activity
which brings together the man power and
resources for accomplishment of goals. It
includes identification of activities, grouping
them in logical positions, assigning the duties
to individual positions and delegating authority
and responsibility to them.
Staffing:
Staffing involves manning the positions created
by the organizing process. Hiring right kind of
people and develop them for well being of
organization. Major activities are preparing
inventory of available personnel, identifying
required manpower and resources from where
people can be selected, selecting people
training them for the work assigned, fixing
compensation etc.
Directing:
Directing is called management in action. It is
concerned with commanding the people at work for
achievement of desired organizational goals.
Thus directing involves giving instructions or
order to subordinates guiding them motivating
them and supervising them.
Controlling:
Controlling is process of seeing whether the
activities have been performed according to the
plans or not. It is checking actual performance
against the agreed or given standards. It
involves setting the standards, identification
of actual results, comparison of actual results
with desired or standard results, identification
of problems if desired results are not achieved
and taking corrective actions so that actual
performance match with expected results.
|
