Professional Documents
Culture Documents
Management
Management
Management and
Manager
Submitted By:
Naman Agrawal
1120220069
Introduction:
• Management is an activity consisting of process which is mainly concerned with important
task of goal achievement.
Importance of Planning: -
1.Planning increase efficiency 2.Planning reduces business related risks 3.Planning provides direction
4.Planning encourages creativity and innovation 5. Planning helps in decision making 6. Planning helps to
achieve objectives
Importance of Organising: -
1.It facilitates efficient management
2.It facilitates coordination and communication
3.It facilitates growth and diversification
4.It ensures optimum use of resources
5.It provides for optimum use of technological innovations
6.It facilitates specialization
staffing
After planning and organizing the next function of management is ‘Staffing’. It is important to
have a good organization structure, but it is even more important to fill the jobs with the right
people.
Importance of Staffing
a) Helps in finding efficient worker b) Helps in increased Productivity c) Maintains Harmony d)
Helps in morale boosting e) Helps in Optimum utilization of human resources
Elements of Directing
1) Supervision 2) Communication 3) Leadership 4) Motivation
controlling
Controlling is seeing that actual performance is guided towards expected performance. All other functions
of management cannot be completed effectively without performance of the control function.
Controlling has two basic purposes
a) If facilitates coordination b) It helps in planning
Importance of Controlling
1) Basis of future action 2) Facilitates decision making 3) Facilitates discipline and order 4) Facilitates
Coordination 5) Facilitates motivation 6) Effective plan Implementation
Controlling Process
1) Establishment of standards 2) Measurement of Performance 3) Comparison of Actual and Standard
Performance 4) Taking remedial action