Girma MGMT Theory Done
Girma MGMT Theory Done
Girma MGMT Theory Done
Management is the process of planning, organizing, leading, and controlling resources within an
organization to achieve its goals and objectives effectively and efficiently. These functions, also
known as the management process, are interrelated and essential for the success of any
organization. Let's dive into each function:
A. Planning: This involves setting organizational goals, determining the actions needed to
achieve those goals, and developing a strategy to guide the organization towards
success. It includes activities such as analyzing the current situation, forecasting future
trends, setting objectives, and creating plans to achieve them.
B. Organizing: This function involves arranging and structuring the resources of the
organization to carry out the planned activities effectively. It includes designing the
organizational structure, allocating tasks and responsibilities, establishing
communication channels, and coordinating the efforts of individuals and teams.
C. Leading: Leadership is about influencing and motivating individuals and teams to
achieve the organization's goals. It involves guiding employees, providing direction,
making decisions, resolving conflicts, and inspiring others to perform at their best.
Effective leadership fosters a positive work environment and encourages teamwork.
D. Controlling: Controlling is the process of monitoring and evaluating the performance of
the organization to ensure that the planned goals are being achieved. It involves
measuring actual performance, comparing it with the planned objectives, identifying
deviations, and taking corrective actions when necessary. This function helps to
maintain efficiency and effectiveness within the organization.
E. Staffing: Staffing involves recruiting, selecting, training, and retaining employees.
Managers ensure that the right people with the necessary skills are in the right positions.
Effective staffing contributes to organizational success.
These management functions are interrelated and should be performed continuously. They
provide a framework for managers to effectively manage resources, make informed decisions,
and achieve organizational success.
2. Discuss about Managerial roles represent specific tasks that manager undertake to
ultimately accomplish the five Managerial function?
Managerial roles represent the specific tasks that managers undertake to ultimately accomplish
the five managerial functions. These roles were first identified by Henry Mintzberg, a renowned
management scholar. Let's discuss each of these roles and how they relate to the managerial
functions:
I. Interpersonal Roles:
Figurehead: Managers act as symbolic leaders and represent their organization in official
ceremonies or events.
Leader: Managers provide guidance, motivation, and support to their subordinates to achieve
organizational goals.
Liaison: Managers establish and maintain relationships with external stakeholders, such as
clients, suppliers, and other organizations.
II. Informational Roles:
Monitor: Managers collect and analyze information from both internal and external sources to
stay informed about the organization's performance and relevant market trends.
Disseminator: Managers transmit information to their subordinates and other stakeholders to
ensure everyone has access to relevant and timely information.
Spokesperson: Managers represent their organization to the external world, conveying its
mission, values, and achievements.
III. Decisional Roles:
Entrepreneur: Managers identify opportunities and initiate changes within the organization to
improve its performance or respond to external challenges.
Disturbance Handler: Managers address unexpected crises or conflicts within the organization
and take necessary actions to resolve them effectively.
Resource Allocator: Managers allocate resources, such as funds, personnel, and equipment, to
different projects or departments to optimize their utilization.
Negotiator: Managers negotiate with external parties, such as suppliers, unions, or government
agencies, to secure favorable deals or resolve conflicts.
These managerial roles are closely intertwined with the five managerial functions: planning,
organizing, staffing, directing, and controlling. Managers perform these roles to fulfill their
responsibilities and achieve organizational objectives efficiently. It is important to note that the
emphasis on each role may vary depending on the level and nature of the managerial position
within the organization.
3. Briefly discuss about classical Management Theory?
Classical Management Theory refers to a set of principles and concepts developed during the late
19th and early 20th centuries by management thinkers such as Henri Fayol, Frederick Taylor,
and Max Weber. This theory focuses on the structure and efficiency of organizations, aiming to
improve productivity and effectiveness.
One of the key elements of classical management theory is the concept of scientific management,
introduced by Frederick Taylor. Taylor believed that by analyzing work processes scientifically,
organizations could identify the most efficient methods and eliminate unnecessary tasks or
wastage of resources. This approach emphasized standardization, specialization, and the division
of labor.
Another significant contribution to classical management theory is Henri Fayol's administrative
theory. Fayol believed that management functions could be classified into five categories:
planning, organizing, commanding, coordinating, and controlling. He also introduced the
concept of scalar chain, which emphasizes the hierarchical structure of organizations and the
flow of information through different levels.
Max Weber's bureaucratic theory is another important aspect of classical management. Weber
emphasized the importance of clear rules, procedures, and authority within organizations. He
believed that a well-defined hierarchical structure and a rational system of rules and regulations
could enhance efficiency and effectiveness.
Overall, classical management theory focuses on the principles of scientific management,
administrative management, and bureaucratic management. While this theory has been criticized
for its mechanistic approach and lack of consideration for human factors, it laid the foundation
for modern management practices and provided valuable insights into organizational structure,
efficiency, and effectiveness.
4. Discuss about importance & characteristics of Planning?
Planning is a crucial function of management that involves setting goals, determining the best
course of action, and allocating resources to achieve those objectives. It plays a vital role in the
success and effectiveness of any organization. Here are the importance and characteristics of
planning:
A. Importance of Planning:
Goal Setting: Planning helps in setting specific and clear goals for the organization. It provides a
roadmap for the organization to follow and helps align the efforts of individuals and teams
towards a common objective.
Resource Allocation: Planning ensures efficient allocation of resources such as time, money,
manpower, and materials. By identifying resource requirements in advance, planning helps avoid
shortages or wastage, leading to optimal resource utilization.
Decision Making: Planning involves analyzing different alternatives and making informed
decisions. It helps in identifying potential opportunities, anticipating challenges, and developing
strategies to overcome them, thus aiding in effective decision-making.
Coordination: Planning facilitates coordination among different departments, teams, and
individuals within an organization. It ensures that everyone is working towards the same goals
and objectives, promoting collaboration and synergy.
Risk Management: Through planning, potential risks and uncertainties can be identified and
appropriate measures can be taken to mitigate them. Planning allows organizations to be
proactive in managing risks, minimizing their impact on operations.
B. Characteristics of Planning:
Goal-oriented: Planning is focused on defining specific goals and objectives that the
organization intends to achieve. It provides a clear direction and purpose for the actions and
efforts of individuals and teams.
Future-oriented: Planning involves making decisions and taking actions in the present to
achieve desired outcomes in the future. It considers long-term perspectives and anticipates
changes and challenges that may arise.
Flexibility: Planning should be flexible and adaptable to changing circumstances. It should
allow for adjustments and modifications based on new information or unforeseen events.
Systematic Approach: Planning follows a systematic approach involving analyzing the current
situation, setting objectives, identifying alternative courses of action, evaluating options, and
selecting the most suitable one.
Continuity: Planning is an ongoing process that requires regular review and revision. It is not a
one-time activity but rather a continuous effort to ensure that the organization remains on track
towards its goals.
In conclusion, planning is essential for organizations as it provides direction, optimizes resource
allocation, facilitates decision-making, promotes coordination, and helps manage risks. Its
characteristics of being goal-oriented, future-oriented, flexible, systematic, and continuous make
it a fundamental function of management.
5. What are the factors Affecting Organizational structure?
The organizational structure of a company can be influenced by several factors, including:
Size of the organization: The size of an organization can determine its structure. Smaller
companies tend to have a more informal and flexible structure, while larger organizations require
a more formal and hierarchical structure to manage complexity.
Business strategy: The strategic goals and objectives of a company can impact its organizational
structure. Different strategies may require different structures. For example, a company pursuing
rapid innovation may adopt a more flexible and decentralized structure to encourage creativity
and adaptability.
Industry type: The nature of the industry in which a company operates can also affect its
organizational structure. For instance, industries that require strict compliance with regulations
and standardized processes may have a more centralized and hierarchical structure.
External environment: Factors in the external environment, such as market conditions,
competition, and technological advancements, can impact the structure of an organization.
Companies may need to adapt their structure to respond to changes in the external environment
and remain competitive.
Leadership style: The leadership style of top management can influence the organizational
structure. Leaders who prefer a more collaborative and participative approach may opt for a
flatter structure, with less hierarchy and more empowerment of employees.
Organizational culture: The culture and values of a company can shape its structure.
Companies with a culture of innovation and collaboration may have a more decentralized and
team-based structure, while companies with a more traditional and hierarchical culture may have
a more centralized structure.
It's important to note that these factors can interact and influence each other, and organizations
may need to periodically review and adjust their structure to align with their changing needs and
circumstances.