Functions of Management Process
Effective management and leadership include innovative critical thinking motivating employees and making
sure the organization accomplishes objectives and goals.
Four Basic Functions of Management Process are:
Planning And Decision Making
Organizing
Leading
Controlling
Planning
"Defining goals, setting specific performance objectives, and identifying the actions needed to achieve them"
(Schermerhon et al., 2000, p.11)
Four aspects in relation planning
Process of planning
Types of planning
Functions involved
Frequency of planning
Organizing
“Organizing is usually interpreted as creating work structures and systems, and arranging resources to
accomplish goals and objectives.”
(Schermerhorn et al., 2000)
“One aspect of this function is organizing work by dividing up tasks. Another essential aspect is matching
people with work by delegating tasks and the authority to use the organization’s resources.”
(Mescon et al., 1981).
There were two main areas of Organizing:
Resource allocation
Specific individual responsibility
Leading
“Leading is when managers instil enthusiasm by communicating with others, motivating them to work hard, and
maintaining good interpersonal relations.”
(Schermerhorn et al., 2000)
Three components make up the leading function:
Motivating employees
Influencing employees
Forming effective groups.
Controlling
“We have a hands off approach with the smaller results; but a strong focus on long term results.”
(Mr. Nadir Rahman, CEO of KASB securities)
Three components make up the controlling function:
Monitoring Performance
Supervising Implementation
Taking Corrective Action