Management and Its Functions

abhishreshthaa

Abhijeet S
Functions of Management:-

  • management analysis is facilitated by a useful and clear organization of knowledge.

  • In studying management it is, therefore, helpful to divide management into five managerial functions - planning, organizing, staffing, leading and controlling.

  • Clearly, managers cannot perform their tasks well unless they have an understanding of, and are responsive to, the many elements of the external environment- economic, technological, social, political and ethical factors that affect their areas of operating.



Managerial Functions at Different Organizational Levels:-


  • A given situation may differ considerably among various levels on organizations.

  • The scope of authority held may vary and the types of problems to be dealt with may vary.

  • The person in a managerial role may be directing people in sales, engineering or finance department. But the fact remains that as managers, all obtain results by establishing an environment for effective group endeavor.

  • However the time spent for each function may differ.


  • Top level managers spend more time on planning and organizing than lower level managers.

  • Leading on the other hand takes a great deal of time for first line supervisors. But the time spent on controlling only varies slightly.
 
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