Describe Functions of Management

Only available on StudyMode
  • Download(s) : 72
  • Published : March 22, 2013
Open Document
Text Preview
Bachelor of Science HIV/AIDS Management and Community Development Student Name Runganga Fanuel Pharquior
Assignment:
Describe functions of management citing examples

Management is the organization and coordination of the activities of a business in order to achieve defined objectives. Management is often included as a factor of production along with machines, materials, and money. According to the management guru Peter Drucker (1909-2005), the basic tasks of management include both marketing and innovation. Practice of modern management originates from the 16th century study of low-efficiency and failures of certain enterprises, conducted by the English statesman Sir Thomas More (1478-1535). Management consists of the interlocking functions of creating corporate policy and organizing, planning, controlling, and directing an organization's resources in order to achieve the objectives of that policy According to Peter Drucker management can be described as the organization and coordination of the activities of an enterprise in accordance with certain policies and in achievement of clearly defined objectives. Management is often included as a factor of production along with machines, materials and money. Peter Drucker (1909–2005)"Management is a multi-purpose organ that manages business and manages managers and manages workers and work. Mary Parker Follet, simply states that "Management is the art of getting things done through people." Many scholars who have studied management have come up with different definitions of management and its functions and some like Luther Gullick have come up with a list functions of management that include planning, organizing, directing, staffing, co-coordinating, reporting abbreviated (PODSCORB). However most scholars notably Koontz and O’Donnel are agreeable that the most important functions of management can be trimmed to only five namely planning, organizing staffing, directing and controlling. Planning involves...
tracking img