Managerial functions, Management Theories

Assignment Help:

MANAGERIAL FUNCTIONS

We have  already seen that there  are several definitions given by experts to  explain the meaning and scope of management. One way is to view management as a set of common processes or functions which, when carried out well, lead to organisational efficiency and effectiveness. These processes or functions have been broken  down into a set of related elements forming a useful framework. A function is a type of work activity that can be identified and distinguished from other work. Experts have identified several  managerial functions as important elements of management. While Newman and Summer have identified four functions namely, organising, planning, leading and controlling, Henri Fayol has recommended five basic functions namely, planning, organising, commanding,coordinating and controlling.Most authors present the following five as the essential functions: planning, organising, staffing, directing and controlling. Luther Gulick and L. Urwick have coined an acronym for seven functions namely POSDCORB which stands for Planning, Organising,Staffing,Directing,Coordinating,Reportingand Budgeting. Some of these functions are presented and discussed here separately. It is important to remember that they are carried out simultaneously and concurrently.The view of this approach is that an organisation is a total system and these functional elements are interrelated and interdependent. The major advantage of separating and discussing these functional elements individually is that this provides a helpful means to examine the various threads that are interwoven into the fabric of what managers actually do.  


Related Discussions:- Managerial functions

Caselet 2, This case has been framed in order to test the skills in evaluat...

This case has been framed in order to test the skills in evaluating a credit request and reaching a correct decision. Perluence International is large manufacturer of petroleum and

Heterotrophism, explain the heterotrophic modes of nutrients

explain the heterotrophic modes of nutrients

Applying psychology at work, 2-3 Paragraphs You are a middle manager for a ...

2-3 Paragraphs You are a middle manager for a company and are planning a training session for your supervisors on effective versus ineffective leadership. You know from past traini

Parasitic adaptations of flatworms, What are the morphological and physiolo...

What are the morphological and physiological adaptations of flatworms, with relevant examples

Marketig, core concepts of marketing

core concepts of marketing

Management project, Transport Company • Offices all over the country. •...

Transport Company • Offices all over the country. • Transport goods and material from port to interstate locations. • Head office in Karachi. • Have 200 big trucks/loaders & 30

INTRODUCTION -LIBRARY MANAGENT, INTRODUCTION  You have learnt about s...

INTRODUCTION  You have learnt about scientific  management of libraries in Unit I. One of the managerial  functions, viz., organising, involves analysing, combining and coordi

Voluntary or mandatory affirmative action, What is the argument behind the ...

What is the argument behind the desire for affirmative action or employment equity? Do you agree that such policies are necessary? Respond to the argument that affirmative action “

Grouping jobs and functions ans divisions, a hospital may have hundreds or ...

a hospital may have hundreds or thousands of employees while a private physician’s office may have just a few employees. For the organizations below, describe which organizational

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd