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
Heuristics Heuristic denotes by trial and error. In organizational behavior the phrase heuristics provides the set of implicit biases and decision-making roles that individua


Ask question #Minimum 100 words accepEssential characteristics of a good wage payment systemted#

MANAGEMENT: Management is a social process of planning, organising, staffing, directing, and controlling the work and the recourses for the determination and achievement of org

“The eclectic paradigm combines elements of quite different approaches to international production, and so it should not be misunderstood as itself another general theory: ‘precise

The service facility is a combination of a. Arrival rates and service rates. b. Servers and customers. c. Queue length and queue discipline. d. Channels and phases.

Investment and capital structure Decisions


Limitation of Field Study: a. Such studies are scientifically inferior to laboratory and field experiments. b. There is lack of precision in the measurement of variable

what is eds