Tuesday, December 13, 2011

FUNCTIONS OF MANAGEMENT

FUNCTIONS OF MANAGEMENT

Planning
*Look ahead and chart out future course of operation
*Formulation of Objectives, Policies, Procedure, Rules, Programmes and Budgets

Organising
*Bringing people together and tying them together in the pursuit of common objectives.
*Enumeration of activities, classification of activities, fittingindividuals into functions, assignment of authority for action.

Directing
*Act of guiding, overseeing and leading people.
*Motivation, leadership, decision making.

Controlling
*Laying standards, comparing actuals and correcting deviation-achieve objectives according to plans.

Co-ordination
*Synchronizing and unifying the actions of a group of people.

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