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Management Functions

Management involves administering an organization through coordinating employee or volunteer efforts to achieve objectives using available resources. Key managerial functions include planning, which is preparing for the future by forecasting change and formulating courses of action. Planning requires participation across an organization and considers objectives, activities, resources, and flexibility to ensure continuity over time. Planning aims to effectively manage an organization by linking and coordinating plans on different levels while accounting for available resources.

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57 views9 pages

Management Functions

Management involves administering an organization through coordinating employee or volunteer efforts to achieve objectives using available resources. Key managerial functions include planning, which is preparing for the future by forecasting change and formulating courses of action. Planning requires participation across an organization and considers objectives, activities, resources, and flexibility to ensure continuity over time. Planning aims to effectively manage an organization by linking and coordinating plans on different levels while accounting for available resources.

Uploaded by

theresamay
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Management

Functions
MANAGEMENT Definition
•Management (or managing) is
the administration of an 
organization, whether it is a 
business, a not-for-profit
organization, or government
body.
• Management includes the activities of
setting the strategy of an organization and
coordinating the efforts of its employees
 (or of volunteers) to accomplish its 
objectives through the application of
available resources, such as financial, 
natural, technological, and 
human resources. The term
"management" may also refer to those
people who manage an organization.
Managerial functions
•Refer to the most common
activities carried out by
managers in in their
organization.
• Henri Fayol defined five functions of
management for the management
component and these are still seen as
relevant to organizations today.
• These five functions focus on the
relationship between personnel and its
management and they provide points of
reference so that problems can be solved
in a creative manner.
Planning
•Planning is looking ahead.
•According to Henri Fayol, drawing up a
good plan of action is the hardest of
the five functions of management.
•This requires an active participation of
the entire organization.
Planning
• It is a rational and systematic way of
forecasting the future of an organization.
• It is the process of preparing for change by
formulating future course of action.
• According to Warren (1994), planning is a
decision-making activity requiring the process
of ascertaining objectives and deciding
activities to attain these objectives.
Planning
• Through planning process the manager aims at
managing organization effectively.
• With respect to time and implementation,
planning must be linked to and coordinated on
different levels.
• Planning must take the organization’s available
resources and flexibility of personnel into
consideration as this will guarantee continuity.

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