Planning is the conscious determination of future
course of action
This involves why an action, what action, how to
take action, and when to take action Types
Long-term period - usually five years or more
Intermediate-term - usually 2-5 years
Short-term period - usually for one year
Organising
Process of dividing work into convenient tasks or duties
grouping of such duties in the form of positions,
grouping of various positions into departments and sections, assigning duties to individual positions, and delegating authority to each position so that the work is carried out as planned Staffing
Staffing involves manning the various positions
created by the organizing process
Preparing inventory of personnel available
identifying the gap between manpower required and available identifying the sources to select people selecting people, training and developing them fixing financial compensation, periodical appraising Directing
When people are available in the organisation, they
must know what they are expected to do in the organisation
Superiors have continuous responsibility of guiding and
leading the sub-ordinates for better work performance and motivating them to work with zeal and enthusiasm Controlling
Actual results vs Expected results
Identification of deviation between the two
Taking of corrective action so that actual results match
with expected results Nature of Management Functions
universal - manager has to perform all these functions in
the organisation irrespective of his level or type of organisation
iterative quality -they are contained within each other
management process suggests a sequential arrangement of
functions, it is not always possible in the performance of managerial functions strictly in a sequence Contd.,
which management function is more important so that
managers devote more time to that
In fact, no function is more important but the mix of
the functions varies from task to task and from level to level of management Management Roles
Interpersonal role of a manager is concerned with his
interaction with other persons, both the organizational members and outsiders TYPES Figurehead role Leader role Liaison role Figurehead role
manager performs activities which are of ceremonial
and symbolic nature These include greeting the visitors attending social functions involving employees handing out merit certificates and other awards to outstanding employees Leader role
Manager's leader role involves leading his,
subordinates and motivating them for willing contributions Liaison role
manager serves as a connecting link between his
organisation and outsiders
major objective of this role is to maintain a link
between the organisation and its external environment Informational Role
Informational role of a manager includes
communication giving and receiving information both within and outside the organisation Types of Informational role
Monitor- manager constantly collects information
about those factors which affect his activities
disseminator - manager distributes the information to
his subordinates who may otherwise not be in a position to collect it
spokesperson- represents his organisation or unit while
interacting with outsiders Decisional Role
choosing the most appropriate alternative out of the
available ones so that the organisation achieves its objectives when the chosen alternative is put into action Types
Entrepreneur-Manager assumes certain risk which is
involved in terms of outcomes of an action because these are affected by a variety of external factors
disturbance handler- manager is required to handle
those forces and events which tend to disturb the organisational equilibrium Contd.,
Negotiator- manager negotiates with various interest
groups like shareholders, employees etc in the organisation