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Group Reporting
PLANNING- is the first step and one of the most important of the function of management. It is
required at every level of management. It means identifying an organization’s vision,
mission, goals, and strategies, as well as the resources needed in order to implement
these goals and strategies.
IMPORTANCE OF PLANNING
It is often said that if planning is the work of the head, organizing is the work of
hand. In this sense, organizing is understood as a process that involves the
assembling of resources in a harmonious whole in order to achieve the desired
goal of the organization.
GROUP 2
ORGANIZING- is the process of making certain relationship between work units through appropriate
communication channel so that workforce can offer their contributions in the achievement of goals and
objectives.
Organization is a group of individuals who are communicating and cooperating with each other with a
view to achieve their common goals and objectives.
Organizational structure is a formal system visualizing the task division and department’s connections
that harmonize members to work together for goal and objective achievement. The organizational chart is
the diagram version of the organizational structure. It consists of shapes and lines that represent work
units and their hierarchy. The basic building block of an organizational chart is the rectangle, which can
represent a person or a work unit or a department. Organizational chart also varies to the size of the
organization.
owner/manager
ORGANIZING PROCESS
GROUP 3
STAFFING
According to Harold Koontz “Staffing means filling and keeping filled, positions in the organizational
structure”. It is the process of acquiring, deploying, and retaining a right workforce or people at the right
job or position to attain organizational goals and objectives. Acquiring means engaging staffing systems
that administer the preliminary acceptance of applicants interested in the organization. Deployment means
the placement of new hires on the real job they will hold. Retention systems on the other hand, seek to
supervise the unpreventable flow of employees out of the organization. Sometimes these outflows are
uncontrolled on the part of the employee, like layoffs or the sale of business unit to another business.
Other outflows are voluntary in that they are initiated by the employee like living the organization to take
another job or for greener pastures. This type of turnover can be very pricey to the organization, thus,
with the use of various retention strategies and tactics such as rewards systems or incentives etc., the
organization can fight these turnover, in order to keep those employees it believes it cannot afford to lose.
GROUP 4
LEADING-means directing, motivating, and communicating with both groups and individual employees
to achieve the organization’s goals. It is setting up direction and influencing others to pursue that
direction. Leadership, on the other hand, is the ability to promote confidence and support among people
to realize organizational goals.
Leaders through their power and authority persuade people to do things. Power is the ability to influence
decision and control resources. People with power typically have the likelihood to use influence often.
Authority is the formal right to get people do things or to control resources. It is just the organization
which can award authority.
Leaders employ diverse types of power to influence other people. the following are some types of power
being used by leaders:
GROUP 5
Controlling is the fifth step in the management process. It is a management process which aims at
achieving defined goals within an established timetable, and comprises of three components which are
setting standards, measuring actual performance, and taking corrective action. CONTROLLING-
involves measuring and correcting actions of subordinates in order to ensure that the overall objectives
and plans are achieved. It is the process of regulating organizational activities so that actual performance
conforms to expected organizational standards and goals and ensures that necessary corrective action is
taken.
Managerial control system involves four steps. First is, the manager establishes standards of
performance to ensure that performance is in accordance with the plans. Standards are the plans or the
targets which have to be achieved in the course of business. After this, under the second step, the manager
will measure the performance. Measurement involves in units, cost, money, attitude of the workers, their
morale to work, their way of communicating their superiors and etc. Under the third step, the manager
will compare it with predetermined standards. This will lead the manager to know whether the actual
performance has come up to the expected standards or if there is any deviation. Deviation can be defined
as the gap between actual performance and the planned targets. In case of any deviation, the manager will
take immediate corrective action which is the final step of controlling. Once the causes and extent of
deviations are known, the manager has to detect those errors and take remedial measures for it. After
taking the corrective measures, if the actual performance is not in conformity with plans, the manager can
revise the targets.
Planning and controlling are two separate functions of management, yet they are closely
related. The scopes of activities of both are overlapping to each other. Without the basis
of planning, controlling activities becomes baseless and without controlling, planning
becomes meaningless exercise. In absence of controlling, no purpose can be served by.
Thus, planning and controlling reinforce each other. According to Billy Goetz,
relationship between the two can be summarized in the following points:
In the present dynamic environment which affects the organization, the strong
relationship between the two is very critical and important. In the present day
environment, it is quite likely that planning fails due to some unforeseen events. There
controlling comes to the rescue. Once controlling is done effectively, it gives stimulus to
make better plans. Therefore, planning and controlling are inseparable functions of a
business enterprise.