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Functions Of Management

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Functions Of Management
Functions of Management

Copyright © 2008 - 2012 managementstudyguide.com. All rights reserved. Functions of Management
Learning Objectives
What is
What
is Management?
Management?

Planning as a Function of Management
Organizing as a Function of Management
Staffing as a Function of Management
Directing as a Function of Management
Controlling as a Function of Management
Summary

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What is Management?
Learning Objectives
Define Management
Nature of Management
Management Science or Art
Management as a Profession
Functions of Management

Copyright © 2008 - 2012 managementstudyguide.com. All rights reserved. What is Management?

Defining Management
"Art of knowing what you want to do and then seeing that it is done the best and cheapest way".
F.W.Taylor

" To manage is to forecast, to plan, to organize, to command, to co-ordinate and to control. “
Henry Fayol

Management is the art of getting things done through others.
Management is the art of getting things done through others.

Copyright © 2008 - 2012 managementstudyguide.com. All rights reserved. What is Management?
Nature of Management

Universal
Process
Intangible
Group
Phenomenon

Creative

Continuous
Process

Management is the art of getting things done through others.
Social Process
Multidisciplinary

Purposeful

Copyright © 2008 - 2012 managementstudyguide.com. All rights reserved. What is Management?
Is Management a Science / Art

Management as an Art
• Practical know how
• Technical skills
• Concrete results
• Creativity
• Personalized nature

Management as Science
• Empirically derived
• Critically tested
• General principles
• Cause & effect relationship
• Universal applicability

Management is the art of getting things done through others.
Management as a science provides principles and as an art helps in tackling
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