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Management is the act of allocating resources to accomplish desired goals and objectives efficiently and effectively; it comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal.
A management process is a process of setting goals, planning and/or controlling the organising and leading the execution of any type of activity, [1] such as: A project (project management process), [2] or; A process (process management process, sometimes referred to as the process performance measurement and management system) [3]
According to Fayol, management operates through five basic functions: planning, organizing, commanding, coordinating and controlling. Planning: Deciding what needs to happen in the future and generating action plans (deciding in advance). Organizing (or staffing): Making sure the human and nonhuman resources are put into place. [65] Commanding ...
Management comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Management process – is a process of planning and controlling the performance or execution of any type of activity.
Organizing, is the management function that follows after planning, it involves the assignment of tasks, the grouping of tasks into departments and the assignment of authority with adequate responsibility and allocation of resources across the organization to achieve common goals. Organizing involves the establishment of an intentional ...
Control is checking current performance against pre-determined standards contained in the plans, with a view to ensuring adequate progress and satisfactory performance. According to Harold Koontz: Controlling is the measurement and correction of performance to make sure that enterprise objectives and the plans devised to attain them are ...
Planning – examining the future and drawing up plans of actions; Organizing – building up the structure (labor and material) of the undertaking; Command – maintaining activity among the personnel; Co-ordination – unifying and harmonizing activities and efforts; Control – seeing that everything occurs in conformity with policies and ...
Controlling what happens, (by being efficient in terms of getting maximum results from minimum resources) Evaluating results , (by assessing consequences and identifying how to improve performance) Motivating individuals , (by using both external motivators such as rewards and incentives as well as eliciting internal motivators on the part of ...