Managerial functions, Management Theories

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.  

Posted Date: 11/5/2012 2:12:15 AM | Location : United States







Related Discussions:- Managerial functions, Assignment Help, Ask Question on Managerial functions, Get Answer, Expert's Help, Managerial functions Discussions

Write discussion on Managerial functions
Your posts are moderated
Related Questions
Directing: Directing is the function of leading the employees to do efficiently, and contributes their optimum to the attainment of organizational objectives. Principles: a)

what isthe scope of piece rate system in quality assurance

WHAT IS HUMAN RESOURCE MANAGEMENT

What market segment will the company be targeting?why?

write an assignment on corporate governance

can you see any hidden dangers or traps in the happiness that James McGill expresses about his life at google? List and describe two or three of the potential downside to James''s

Papa John's Inc. Scheduling System Started in Jacksonville, Indiana in 1983 at Mick's Lounge, where Papa John, John Schnatter, started a pizza delivery business within his f

Directing  Directing is the managerial function concerned with the interpersonal aspect of managing by which subordinates are led to understand and contribute effectively and

utilitarian, deontological, and virtue-based approaches to ethics. What are the strengths and weaknesses of each?

What structural change is indicated at Plaza Inn