management Planning Organizing Staffing Leading :is the same meaning as directing Controlling PLANNING Planning Planning is deciding in advance what is to be done in the future Planning means deciding in advance : What to do How to do
When to do
Who is going to do it
Bridges a gap between where we are today and where we want
to reach. Planning is a process which involves thinking before doing Sets the goal of an organization. Planning is done for immediate, short term, medium term and long term periods. PLANNING
For example, if the companys goal is to earn profit,
the manager needs to determine the steps necessary to achieve that goal. This can include spending more on advertising, hiring more experienced employees, cutting costs, or improving the products being sold. ORGANISING Organizing
According to Henry Fayol, To organize a business is
to provide it with everything useful or its functioning i.e. raw material, tools, capital and personnels. Organization is all about division of work amongst individuals and co-ordination of their efforts to achieve the objective set by the organization. Establishing the framework of working: How many units or sub-units or departments are needed. How many posts or designations are needed in each department. How to distribute authority and responsibility among employees Once these decisions are taken, organizational structure gets set up. In short Organizing as a process involves: Identification of activities. Classification of grouping of activities.
Assignment of duties.
Delegation of authority and creation of
responsibility. Coordinating authority and responsibility relationships. STAFFING Staffing
Putting the right person at the right job.
It is also known as Human resource Management. It includes estimating manpower requirement, recruitment, selection, Training and development ,performance appraisal and promotion of employees. Staffing is a continuous function. Staffing involves: Manpower Planning Recruitment, selection & placement.
Training & development.
Remuneration.
Performance appraisal.
Promotions & transfer.
DIRECTING Directing
After planning, organizing and staffing, the manger
as to guide and supervise his subordinates . What how To perform when Putting plans into action is known as Directing. Leadership qualities are required. Motivating employees by providing monetory and non-monetory incentives. Communicating with them at regular intervals. DIRECTING is said to be a process in which the managers instruct, guide and oversee the performance of the workers to achieve predetermined goals. Directing is said to be the heart of management process. Planning, organizing, staffing have got no importance if direction function does not take place. Elements of directing
Supervision- implies overseeing the work of subordinates
by their superiors. It is the act of watching & directing work & workers. Motivation- means inspiring, stimulating or encouraging the sub-ordinates with zeal to work. Positive, negative, monetary, non-monetary incentives may be used for this purpose. Leadership- may be defined as a process by which manager guides and influences the work of subordinates in desired direction. Communications- is the process of passing information, experience, opinion etc from one person to another. It is a bridge of understanding CONTROLLING Controlling
controlling, is one of the managerial functions
like planning, organizing, staffing and directing. It is an important function because it helps to check the errors and to take the corrective action so that deviation /error from standards are minimized and stated goals of the organization are achieved in a desired manner. If planning is the beginning of the mgt process, controlling may be said to be the final stage. If planning is looking ahead, controlling is looking back Control is not possible without planning and planning is meaningless without control