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.
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. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<a target="_blank" href="https://www.managementstudyguide.com/coordination.htm" id="next">next</a> </div> <script src="https://code.jquery.com/jquery-2.1.4.min.js"> <script> What is the process of coordinating resources?The process of coordinating people and other resources to achieve the goals of an organization is known as: management.
What is coordinating in an organization?Coordination is the function of management which ensures that different departments and. groups work in sync. Therefore, there is unity of action among the employees, groups, and. departments.It also brings harmony in carrying out the different tasks and activities to achieve. the organization's objectives efficiently.
What are the 4 organizational processes?4 Steps Involved In The Process Of Organizing Your Organization – Discussed!. Identification and Division of work:. Grouping the Jobs and Departmentalisation:. Assignment of Duties:. Establishing Reporting Relationship:. What is the process of planning organizing leading and controlling activities in an organization in a systematic way to achieve a common goal?Terms in this set (34). Management. A process of planning, organizing, leading, and controlling activities in an organization in a systematic way in order to achieve a common goal.. Organizing. ... . Staffing. ... . Manager. ... . Middle Manager. ... . Staff Manager. ... . Conceptual Skill. ... . Interpersonal Roles.. |