Sunday, August 1, 2010

FUNCTION OF MANAGEMENT

The broad functions of management are : planning,implementation(organizing and directing), and evaluation (control,assessment and feedback).These threes functions of management can be related with the governance sub-systems of an organizations,planning function is related to the legislative sub system, the implementation function is related to the executive sub-system, and the evaluation function is related to the Judical sub-system.These functions of management are follows:

1.PLANNING:Planning is the important function of management .It is the process of determining mission, goals and targets, and the activities necessary to achieve them.Planning formulates the organization's future course of actions.Organizational plans contain the schedule of activities and show the allocation of resources for reaching goals and objectives .The basic purpose of planning is thus,to make the best possible use of organization's resources to attain the goals .There are basically two levels of planning strategic,dealing with the environment,and internal; dealing with activities with in the organization.All managers ate every level do their own planning.The outcome of planning is strategy.The actions or decisions that managers take to achieve goals are strategies.

2. IMPLEMENTATIONS:This function has two major parts.The first is organizing .Organizing involves execution of activities,allocation of resources, and processing information.It also involve the allocation .These divided function,which are similar,are then grouped together to form different units or departments.Organization structure ,staffing,division of work ,assignments of responsibility,work rules,commitment and coordination are integral parts of organizing function.
The second part of implementation is leading .A manager must be able to make employees want to participate actively in achieving an organization's goals.The leading function involves several activities,such as order giving,supervising,directing,motivating and communicating.Leading function is also responsible for an organizational climate that is conductive to superior performances.The outcome of leadership is high level of motivation and commitment among staff members.

3.EVALUATION:Evaluation is simply defined as finding the value of something.It means to assess,estimate and to appraise the achievements.The general methods of evaluation are,measurement, comparison ,judgement and feedback.Thus,control and management audit systems are crucial at this phase.
Controlling involves the evaluation of operating results as compared to the established standards.These evaluation are followed by prompt remedial actions when deviates from standards .Control is required in the areas of sales,costs,profits,output,quality,accidents,labour relations,employees morale, among others.The cornerstone of financial control is the budget,in which accurately set costs and performances standards are incorporated.The outcome of the control process is the ability to measure performances accurately and regulate organizational efficiency and effectiveness.The controlling function also allows managers to evaluate how well they themselves are performing the planning.

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