How can management functions be used to achieve organizational goals?
Management has been described as a social process involving responsibility for economical and effective planning & regulation of operation of an enterprise in the fulfillment of given purposes. It is a dynamic process consisting of various elements and activities. These activities are different from operative functions like marketing, finance, purchase etc. Rather these activities are common to each and every manger irrespective of his level or status. Show
Different experts have classified functions of management. 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”. Whereas Luther Gullick has given a keyword ’POSDCORB’ where P stands for Planning, O for Organizing, S for Staffing, D for Directing, Co for Co-ordination, R for reporting & B for Budgeting. But the most widely accepted are functions of management given by KOONTZ and O’DONNEL i.e. Planning, Organizing, Staffing, Directing and Controlling. For theoretical purposes, it may be convenient to separate the function of management but practically these functions are overlapping in nature i.e. they are highly inseparable. Each function blends into the other & each affects the performance of others.
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View All Articles Authorship/Referencing - About the Author(s)The article is Written By “Prachi Juneja” and Reviewed By Management Study Guide Content Team. MSG Content Team comprises experienced Faculty Member, Professionals and Subject Matter Experts. We are a ISO 2001:2015 Certified Education Provider. To Know more, click on About Us. The use of this material is free for learning and education purpose. Please reference authorship of content used, including link(s) to ManagementStudyGuide.com and the content page url. How you use the functions of management to achieve goals?The concept of management involves controlling and guiding personnel and resources within the organization. It includes planning, making decisions, motivating, leading, and carrying out different functions to achieve the goals and objectives efficiently and effectively.
How management helps in achieving organizational goals?The role of a manager is to provide common guidance and direction to the individual efforts for the fulfilment of organisational goals. Increasing the efficiency: Management helps in increasing the efficiency of the business by increasing productivity through efficient planning, organising, controlling and directing.
How these management functions contribute toward the success of an organization?One main role of a manager is creating a plan to meet company goals and objectives. This involves allocating employee resources and delegating responsibilities, as well as setting realistic timelines and standards for completion.
How the five management function can help in an organization?The five key functions of managing are strategic planning, organizing resources, staffing, directing activities and controlling the company's success.. The Strategic Planning of Actions. ... . Organizing Resources to Achieve Goals. ... . Putting the Right Talent in the Right Place. ... . Guiding and Directing Activities.. |