Functions of management Flashcards
What is management
Management is the act of getting people together to accomplish desired goals using available resources effectively and efficiently.
Organizing
Definition: Organizing involves arranging resources and establishing the structure necessary to achieve the organization’s objectives.
Key Activities: Establishing roles and responsibilities, creating organizational charts, and developing reporting relationships to facilitate coordination and communication.
Planning
Planning is concerned with defining goals for future organizational performance and deciding on the task and resources needed to attain them. A plan is a “blue print” that states what human an non human are needed how these resources will be allocated.
Leading/ Directing
Definition: Leading or directing involves influencing and motivating employees to achieve organizational goals.
Key Activities: Providing guidance and direction, inspiring and motivating employees, resolving conflicts, and fostering teamwork and collaboration.
Controlling
Definition: Controlling involves monitoring performance, comparing actual results to planned objectives, and taking corrective action when necessary.
Key Activities: Setting performance standards, measuring performance, analyzing variances, and implementing corrective measures to ensure goals are achieved.
Coordinating
Definition: Coordinating involves harmonizing and synchronizing the activities of various departments and individuals within the organization.
Key Activities: Facilitating communication and collaboration between departments, resolving conflicts, and ensuring that resources are allocated efficiently to support organizational goals.
Delegating
Definition: Delegating involves assigning tasks and responsibilities to employees and empowering them to make decisions within their areas of authority.
Key Activities: Identifying tasks suitable for delegation, selecting capable employees, providing clear instructions and expectations, and providing support and feedback as needed.
Motivating
Definition: Motivating involves inspiring and energizing employees to achieve high levels of performance and commitment.
Key Activities: Recognizing and rewarding achievements, providing opportunities for growth and development, fostering a positive work environment, and aligning individual goals with organizational objectives.
Staffing
Definition: Staffing involves acquiring, developing, and retaining competent individuals to fill positions within the organization.
Key Activities: Recruiting, selecting, training, developing, and managing employees to ensure the right people are in the right roles.
