Functions of Management

Requires a formal structure of authority and the direction and flow of such authority through which work subdivisions are defined, arranged and coordinated so that each part relates to the other part in a united and coherent manner to attain the prescribed objectives.

• ORGANIZING

• PLANNING

• STAFFING

• CONTROLLING

• DIRECTING/LEADING

It is the function of hiring and retaining a suitable workforce for the enterprise both at managerial as well as non-managerial levels.

• DIRECTING/ LEADING

• PLANNING

• STAFFING

• ORGANIZING

• CONTROLLING

It is concerned with leadership, communication, motivation, and supervision so that the employees perform their activities in the most efficient manner possible, in order to achieve the desired goals.

• STAFFING

• PLANNING

• CONTROLLING

• LEADING/ DIRECTING

• CONTROLLING

It is future-oriented and determines an organization’s direction.

• CONTROLLING

• PLANNING

• DIRECTING/ LEADING

• STAFFING

• ORGANIZING

The activities consist of establishing standards for work performance, measuring performance and comparing it to these set standards and taking corrective actions as and when needed, to correct any deviations.

• PLANNING

• ORGANIZING

• STAFFING

• LEADING/ DIRECTING

• CONTROLLING