Scribd
Upload
11 views

Organization and Management Aspect - Group 4

Uploaded by

Jacquelyn Florendo Pablito
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
11 views

Organization and Management Aspect - Group 4

Uploaded by

Jacquelyn Florendo Pablito
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 10

MANAGEMENT

FUNCTION
MANAGEMENT
A process of planning, decision-making, organizing,
leading, motivation and controlling the human
resources, financial, physical, and information
resources of an organization to reach its goals
efficiently and effectively.

The skillful use and coordination of all the business'


resources—money, facilities, equipment,
technologies, materials, employees— in a systematic
and effective way to achieve particular goals.
THE FOUR MANAGEMENT
FUNCTIONS

PLANNING ORGANIZING DIRECTING CONTROLLING


THE FOUR MANAGEMENT FUNCTIONS

PLANNING
The process of choosing appropriate goals and actions to
pursue and then determining what strategies to use, what
actions to take, and deciding what resources are needed
to achieve the goals. Basically, this function revolves
around chalking out a future course of action and
deciding in advance the most appropriate course of
actions for achievement of pre-determined goals.

A Plan is the systematic process for achieving a specific


goal. In the business world, a Business Plan is prepared,
which includes the company's strategy in achieving their
key goals, their mission and vision, and their resources.
This guides the business to their success and to attract
possible investments from investors or financial
institutions.
THREE TYPES
OF PLANS:
This lays out a broad course of action to
STRATEGIC achieve a long-term goal, usually for 3 to
5 years. This plan is typically created by
PLAN top-level managers.

This outlines the specific major steps for


carrying out the strategic plan, which takes TACTICAL
less than a year and include target dates for
accomplishing goals. This is typically laid out
by mid-level managers.
PLAN

This type of plan details the everyday activities that will


OPERATIONAL achieve the goals of the tactical plan, and ultimately, the
strategic plan. This type of plans are short range, usually
PLAN taking only days, weeks, or at most, months. Low-level
managers, mostly supervisors, create this plan.
BENEFITS OF PLANNING
01 02 03 04
It sets informed It reduces It eliminates It promotes
goals. uncertainty. waste. innovation.

05 06 07 08
It improves It increases It helps businesses It provides a
decision-making. motivation. to grow. competitive edge in
the industry.
THE FOUR MANAGEMENT FUNCTIONS

ORGANIZING
The process of bringing together physical, financial and
human resources and developing productive relationships
amongst them for achievement of organizational goals. This
involves creating an organizational structure and allocating
human resources to ensure accomplishment of objectives.

This is where the arranging and coordinating of resources


and tasks to achieve specific goals takes place.

Specialization
Well-defined jobs
IMPORTANCE: It clarifies authority
Coordination
Effective administration
THE FOUR MANAGEMENT FUNCTIONS

DIRECTING
The heart of the management function.

The continuous process of leading, influencing,


and motivating employees so they will work
together to achieve specific goals.

The ultimate goal of this function is Team


Building, which is motivating individuals in a
group to work together to achieve a common
goal.

It initiates action
It ingrates effort
IMPORTANCE: It motivates employees
It provides stability
Effective utilization of resources
LEADERSHIP STYLES
AUTHORITARIAN DEMOCRATIC DELEGATING

This is practiced when a


leader seeks input from
employees about what tasks
need to be done and how to
do them but ultimately
makes the final decisions.

This is implemented when a This is practiced when a leader


leader tells employees what gives employees complete
needs to be done and how to do freedom to decide what tasks
it, without seeking their advice. need to be done and how to do
This could also be used when them. This leadership style is
something needs to be done also an effective time
quickly and without discussion. management tool.
THE FOUR MANAGEMENT FUNCTIONS

CONTROLLING
The process of setting performance standards,
measuring actual performance, comparing actual
performance to the standards, and taking corrective
action if actual performance does not meet the
performance standards. In short, this function is all
about ensuring that performance does not deviate from
standards.

This should not be mistaken for control in behavior or


manipulative sense, but rather, control in a sense that the
managers are ensuring that the work-related tasks of the
employees are consistent and aligned to what is planned
and is contributing toward the accomplishment of the
company’s objectives.
THREE TYPES OF CONTROL
This is all about the implementation of operational
OPERATIONAL plans. It is concerned with the daily results of the
business, schedules, budgets and its particular
CONTROL outputs. It also involves taking corrective measures,
and is common in lower-level management.

IMPORTANCE:
It ensures efficient allocation
It is the type that controls the development and
STRATEGIC implementation of strategic plans. Normally, the
and utilization of the available
top-level management is involved in the resources.
CONTROL strategic control process. It instills order and discipline in
the business.
It minimizes the gap between
the actual performance and the
This involves making tactical plans to
TACTICAL achieve a long-term goal, and are typically
desired result.
implemented by middle managers at all
CONTROL department levels.

You might also like