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Basic Functions of

Managament
At the most fundamental level, management consists of a set of five basic functions

❖ Planning
❖ Organizing
❖ Staffing
❖ Leading
❖ Controlling
1. Planning
When you think of planning in a management role;

think about it as the process of


choosing appropriate goals and
actions to pursue

determining what strategies to use,


what actions to take

Example
• setting up the sales
target for the
deciding what resources are needed organisation,
to achieve the goals • formulating rules and
regulations for the
employees and the firm,
etc.
2. Organizing
This process of establishing worker Example
relationships allows workers to work The top managers of an organisation can
together to achieve their organizational
goals. allot different tasks to different departments
of the organisation.

3. Staffing
Example
Recruiting and selecting employees for In an Ed-tech organisation, HR department
positions within the company (within can look for graduates and post-graduates
teams and departments). and skills as communication, decision-
making, problem-solving and experience
for the development of commerce courses
as per the requirement of the job position.
4. Directing
Example
Involves articulating a vision, energizing Middle-level management can use
employees, inspiring and motivating people positive reinforcement or negative
using vision, influence, persuasion, and reinforcement to motivate the
effective communication skills. employees in working towards the
fulfilment of organisational goals.

Example
5. Controlling An organisation has set the standard
sales as 50,000 units.
• Evaluation of achievement of goals
But, the actual sales of the organisation
• improving performance
are 40,000 units. The variation in the
• taking actions.
actual and standard performance is
• Put processes in place to help you establish
10,000 units. Now, the managers will look
standards, so you can measure, compare,
for the reasons behind the lack of 10,000
and make decisions.
more units and then take corrective
actions to attain standard sales.

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