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GROUP FIVE PRESENTATION

FUNCTIONS OF MANAGEMENT IN THE


ORGANIZATION
WHAT IS ORGANIZATION?

• Organization refers to an organized group of people with a specific purpose or


goal, such as a business, corporation, political organization, or educational
institution. For any organization to be considered firm, it must be guided by
various organizational structures.
• Organizational structure is the method by which workflows operate at any
organization or company. There are several factors that organizational
structures are based on, these include work specialization, documentation, a
chain of command, a span of control, and formalization.
WHAT IS MANAGEMENT?

• Management is the process of planning, decision making, organizing, leading,


and controlling the human resources, financial, physical, and information
resources of an organization to reach its goals efficiently and effectively.
FUNCTIONS OF MANAGEMENT IN ANY
ORGANIZATION
• Functions of management are a systematic way of doing things. Hence
functions of management in any organization may include the following;
Planning and decision making

• 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

• Leading means persuading or motivating the group's members to cooperate in


the group's best interests. The functions of direction, motivation,
communication, and coordination are considered a part of the leading. Also
creating a positive attitude among members of the organization is called
leading.
Staffing

• 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.
THANK YOU!!!!!

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