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Group 5 Assignment - Power Point
Group 5 Assignment - Power Point
• Choosing missions, objectives, and the steps necessary to attain them is part
of planning. It necessitates making decisions or selecting future courses of
action from a variety of options. It’s important as it helps maintain managerial
effectiveness by guiding future activities.
Organizing
• The process of organizing is what brings the established plans one step closer
to becoming realized. Organizing entails choosing how resources and
activities will be combined and coordinated. Where choices will be made,
who will carry out what duties and tasks, who will work for whom, and how
resources will be assembled are all decided by organizing in any
organization!
Leading
• Here managers need to ensure that they have the right people for the job, but
they also need to pay attention to issues like organizing workplace policies.
The company needs to retain the best talent by providing incentives such as
benefits, and paid time off.
Controlling
• Controlling is the process of evaluating, comparing, identifying deviations
from the norm, and resolving them to achieve corporate goals or objectives.
Controlling includes things like measuring the performance, and finding and
correcting fluctuations. It’s also considered the last but not the least important
management function.
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