Management Concepts and Fundamentals

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MANAGEMENT CONCEPTS

AND FUNDAMENTALS
Management Key Concepts
Organizations: People working together and
coordinating their actions to achieve specific
goals.

Goal: A desired future condition that the


organization seeks to achieve.

Management: The process of using


organizational resources to achieve the
organization’s goals
Management Process

Planning
Choose Goals

Controlling Organizing
Monitor & measure Working together

Directing
Coordinate
Staffing
Employment
Planning

Planning means “the determination of what is

to be done, how and where it is to be done, who

is to do it, and how the results are to be

evaluated.”
Organising

Organising refers to the systematic arrangement

of different aspects of the business operations to

achieve the planned objectives.


Staffing

Staffing involves “man in the organisational


structure through proper and effective selection,
appraisal and development of personnel to fill
the roles designed into the structure.”
Directing

In Directing, managers determine direction, state


a clear vision for employees to follow, and help
employees understand the role they play in
attaining goals.
Controlling

In controlling, managers evaluate how well the

organization is achieving its goals and takes

corrective action to improve performance.


Thank you

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