Functions of Management
Functions of Management
Functions of Management
OF
MANAGEMENT
• MANAGEMENT - is the attainment of organizational goals in an effective and efficient
manner though planning organizing leading and controlling organizational recourses.
•ORGANIZING – is assigning task grouping task into departments and allocating resources
•departments.
•LEADING – is the use of influence to motivate employees to achieve the organizations goals.
•CONTROLLING – is the monitoring of employees activities keeping the organization on track toward
goals and making corrections as needed.
ORGANIZATION RESOURSES
• S – Specific
• M – Measureable
• A – Achievable
• R- Realistic
• T- Time based
THE PURPOSE OF PLANNING
• 1.Establishes coordinates effort – gives direction helps the organization towards its objectives or
goals.
• 2.Helps the organization to look a head to anticipator expect changes to address or provide
solutions problems that may rise from changes or uncertainties.
• 3.Reduce duplications overlapping and wasteful activities.
• 4.Self standards for control ; and
• 5. Serves as reference – planners refer to previous plans for guidance.
PLANNING TYPES AND MODELS
• Management by objectives MBO – is a method where managers and employees define goal for
every department project and person and use them to monitor subsequent performance.
•
• FOUR MAJOR ACTIVITIES FOR MBO TO BE SUCCESSFUL
• A. Setting goals
• B. Developing actions plans
• C. Reviewing progress
• D. Appraising overall performance
• 2.Single use plans – are plans that are developed to achieve a set of goals that are
unlikely to be repeated in the future.
• 3.Standing plans – are on going plans used to provide guidance for task
performed repeatedly which in the organization.
• 4.Contigency plans – are plans that define company responses to specific
situation such as emergencies and setbacks.
ORGANIZING
• 1.) A Transactional leader - is one who classifies subordinates’ role and task requirements ,
initiate structures , provide rewards , and displays consideration for subordinates.
• 2.) A Charismatic leader – is a leader who has the ability to motivate subordinates to transcend
their expected performance.
• 3.)A Transformational leader – is a leader distinguished by a special ability to about innovation
and change.
• 4.) An Interactive leader – is a leader who is concerned with consensus building, is open and
inclusive and encourages participation.
• 5.)A Servant leader – is a leader who works to fulfil subordinates’ needs and goals
COMPARISON OF MANAGER AND LEADER
MANAGER LEADER
• 1.) Content theory- is a group of theories that emphasizes the needs that motivate people.
• 2.) Hierarchy of needs theory- is a content theory that proposes that people are motivated by five
categories of needs: physiological, safety, belongingness, esteem, and self-actualization that
exist in a hierarchical order.
• 3.) ERG theory- is a modification of the hierarchy of needs theory that proposes three categories
of needs:
• Existence needs
• Relatedness needs
• Growth needs
CONTROL
Establish standards of
Measure actual performance
performance
Rense standards
When neccessary
• Standards are establish prior to performance.
• Grades are monitored and compared with the passing and failing marks.
• Types of control
• 1.) Feed forward control on preliminary or preventive quality control
- Is one that focuses on human, material, and financial resources flowing into the organization.
• 2.) Concurrent control consist of monitoring ongoing employee activities to ensure their
consistency with established standards.
• 3.) Feedback control or output control focuses on the organizations output
• 4.) Bureaucratic control is the use of rules, policies, hierarchy of authority, reward system, and
other formal devices to influence employee behaviour and assess performance.
QUALITIES OF EFFECTIVE CONTROL
SYSTEMS
• 1) are linked to strategy
• 2) are accepted by members
• 3.) are accurate
• 4.) are flexible
• 5.) are timely
• 6.) point out exceptions
• 7.) are within reasonable cost
• 8.) provide corrective measure
THE IMPORTANCE OF CONTROL
•
Information
Control
operations Finance
system
Employee behavior
THE TRADITIONAL BUREAU CRATIC
CONTROL
• 1.) Rules and Regulations
A. Standard operating procedures (SOPs)
B. Policies that prescribe correct employee behaviour
• 2.) Management control system
• A) Budgeting
• B) Financial report
• C) Reward system
• D) Operations management by objective(MBO)
• 3) Hierarchy of Authority
• A) central authority
• B) Supervision
• 4) Total quality control (TQM)
• 5) Formalize selection and training
• 6) Information technology