Management in all organization is the act of getting people together to accomplish organizational goals and objectives efficiently and effectively. Management comprises of planning, organizing, staffing, leading and controlling the efforts of the people to accomplish the goals. A good manager discovers and masters the five basic functions of management.
Planning: A good manager will plan on how exactly they want the organizational goals to be achieved. For example, a manager should know how to increase the company's revenues in order to generate more profits. The manager should be in a position to decide the necessary steps to be taken to accomplish the goals of the company. Steps should include how to increase revenue through advertising, inventory and sales people. These important and necessary steps should be developed and implemented into a plan. And finally when the plan is in place, the manager can follow it to accomplish the goal to increase the revenue and generate profits.
Organizing: Once the plan is put in place, the manager needs to organize the team, collect and configure resources in order to implement plan in highly effective and efficient manner. Giving authority and assigning work are two important fundamentals of organizing.
Staffing: In any organizations, managers often work with the company's human resourced to achieve the desired goals. Managers are responsible for finding the right person for the right job to accomplish the organizational goals. In order to achieve it he has to work with the human resource by recruiting, selecting, training individuals for specific functions, develop employees, and allocate them with duties and responsibilities.
Leading: A Manager is not only responsible for planning, organizing and staffing the team to achieve a goal, but should posses' leadership qualities. Leading a team involves motivating, guiding, communicating and encouraging. A Manager is required to coach, assist and ensure that he is able to support and solve problems with employees.
Controlling: In Management controlling means setting standards, measure the actual performance and take corrective measures. As soon as the other elements are in place the manager checks for errors and takes measures so that the deviation from standards are minimized and stated goals of the organization are achieved in a desired manner.
Planning: A good manager will plan on how exactly they want the organizational goals to be achieved. For example, a manager should know how to increase the company's revenues in order to generate more profits. The manager should be in a position to decide the necessary steps to be taken to accomplish the goals of the company. Steps should include how to increase revenue through advertising, inventory and sales people. These important and necessary steps should be developed and implemented into a plan. And finally when the plan is in place, the manager can follow it to accomplish the goal to increase the revenue and generate profits.
Organizing: Once the plan is put in place, the manager needs to organize the team, collect and configure resources in order to implement plan in highly effective and efficient manner. Giving authority and assigning work are two important fundamentals of organizing.
Staffing: In any organizations, managers often work with the company's human resourced to achieve the desired goals. Managers are responsible for finding the right person for the right job to accomplish the organizational goals. In order to achieve it he has to work with the human resource by recruiting, selecting, training individuals for specific functions, develop employees, and allocate them with duties and responsibilities.
Leading: A Manager is not only responsible for planning, organizing and staffing the team to achieve a goal, but should posses' leadership qualities. Leading a team involves motivating, guiding, communicating and encouraging. A Manager is required to coach, assist and ensure that he is able to support and solve problems with employees.
Controlling: In Management controlling means setting standards, measure the actual performance and take corrective measures. As soon as the other elements are in place the manager checks for errors and takes measures so that the deviation from standards are minimized and stated goals of the organization are achieved in a desired manner.
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