Management in all organization is the act of getting people together to accomplish organizational goals and objectives efficiently and effectively. Management comprises of planning, organizing, staffing, leading and controlling the efforts of the people to accomplish the goals. A good manager discovers and masters the five basic functions of management.
Planning: Good Managers plans out exactly how to achieve an organizational goal. For example, a manager should know how to improve the company revenue and generate profits. The manager needs to be in a position to decide which step is necessary to accomplish the goal. Steps should include how to increase revenue through advertising, inventory and sales people. These important and necessary steps should be developed and implemented into a plan. Once a plan is in place, managers can follow it to achieve the goal of improving the revenue and generating profit.
Organizing: Once the plan is put in place, the manager needs to organize the team, collect and configure resources in order to implement plan in highly effective and efficient manner. Giving authority and assigning work are two important fundamentals of organizing.
Staffing: Managers of any organization often works with the company's human resource to accomplish the organizational goals. He works with this human resource by recruiting, selecting, training individuals for specific functions and developing employees and charges them with responsibilities. Managers are responsible to find the right person for the right job and ensure that they achieve the organizational goals.
Leading: A Manager is not only responsible for planning, organizing and staffing the team to achieve a goal, but should posses' leadership qualities. Leading a team involves motivating, guiding, communicating and encouraging. A Manager is required to coach, assist and ensure that he is able to support and solve problems with employees.
Controlling: After all the other elements are in place, a manager needs to continuously check for errors and take corrective measures so that the deviation from standards are minimized and stated goals of the organization are achieved in a desired manner. In Management controlling means setting standards, measure the actual performance and take corrective measures.
Planning: Good Managers plans out exactly how to achieve an organizational goal. For example, a manager should know how to improve the company revenue and generate profits. The manager needs to be in a position to decide which step is necessary to accomplish the goal. Steps should include how to increase revenue through advertising, inventory and sales people. These important and necessary steps should be developed and implemented into a plan. Once a plan is in place, managers can follow it to achieve the goal of improving the revenue and generating profit.
Organizing: Once the plan is put in place, the manager needs to organize the team, collect and configure resources in order to implement plan in highly effective and efficient manner. Giving authority and assigning work are two important fundamentals of organizing.
Staffing: Managers of any organization often works with the company's human resource to accomplish the organizational goals. He works with this human resource by recruiting, selecting, training individuals for specific functions and developing employees and charges them with responsibilities. Managers are responsible to find the right person for the right job and ensure that they achieve the organizational goals.
Leading: A Manager is not only responsible for planning, organizing and staffing the team to achieve a goal, but should posses' leadership qualities. Leading a team involves motivating, guiding, communicating and encouraging. A Manager is required to coach, assist and ensure that he is able to support and solve problems with employees.
Controlling: After all the other elements are in place, a manager needs to continuously check for errors and take corrective measures so that the deviation from standards are minimized and stated goals of the organization are achieved in a desired manner. In Management controlling means setting standards, measure the actual performance and take corrective measures.
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