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• INTRODUCTION
• LEVELS OF MANAGEMENT
• FUNCTIONS OF MANAGEMENT
• PLANNING
• ORGANIZING
• STAFFING
• DIRECTING
• CONTROLLING
• CONCLUSION
• REFERENCE
INTRODUCTION
• MANAGEMENT PLAYS A CRUCIAL ROLE WITHIN EVERY ORGANIZATION AS IT ENCOMPASSES THE ORCHESTRATION OF
RESOURCES TO REALIZE SPECIFIC OBJECTIVES. IN SIMPLER TERMS, MANAGEMENT IS THE SYSTEMATIC PROCEDURE OF
STRATEGIZING, STRUCTURING, GUIDING, AND OVERSEEING THE ENDEAVORS OF INDIVIDUALS STRIVING TO MEET THE
GOALS OF THE ORGANIZATION. THIS PIVOTAL FUNCTION IS INSTRUMENTAL IN ENABLING ORGANIZATIONS TO
ACHIEVE EFFICIENCY AND EFFECTIVENESS IN THEIR OPERATIONS.
THE CONCEPT OF MANAGEMENT HAS EVOLVED OVER TIME, AND TODAY, IT ENCOMPASSES A RANGE OF ACTIVITIES THAT
ARE DESIGNED TO HELP ORGANIZATIONS ACHIEVE THEIR OBJECTIVES. IN THIS ARTICLE, WE WILL EXPLORE WHAT
MANAGEMENT IS, ITS FUNCTIONS, THE DIFFERENT LEVELS OF MANAGEMENT, AND THE SKILLS REQUIRED TO BE AN
EFFECTIVE MANAGER.
• IMPORTANCE OF MANAGEMENT:
a. Efficiency: Ensures resources are used in the best possible way to avoid waste.
b. Effectiveness: Helps in achieving organizational goals by aligning resources and efforts.
c. Adaptability: Allows organizations to respond to changes in the environment.
d. Innovation: Encourages creativity and innovation through structured processes.
• OVERALL, MANAGEMENT IS CRUCIAL FOR THE SUCCESS OF ANY ORGANIZATION, ENSURING THAT RESOURCES ARE
USED EFFECTIVELY TO ACHIEVE THE DESIRED OUTCOMES.
LEVELS OF MANAGEMENT:
1. TOP-LEVEL MANAGEMENT: THIS INCLUDES EXECUTIVES LIKE CEOS AND COMPANY PRESIDENTS WHO
MAKE STRATEGIC DECISIONS AFFECTING THE ENTIRE ORGANIZATION.
2. MIDDLE-LEVEL MANAGEMENT: MANAGERS AT THIS LEVEL OVERSEE DEPARTMENTS OR DIVISIONS AND
IMPLEMENT THE POLICIES SET BY TOP MANAGEMENT.
3. LOWER-LEVEL MANAGEMENT: ALSO KNOWN AS OPERATIONAL OR FIRST-LINE MANAGERS, THEY
DIRECTLY SUPERVISE EMPLOYEES AND HANDLE DAY-TO-DAY OPERATIONS.
FUNCTIONS OF MANAGEMENT
• MANAGEMENT HAS BEEN DESCRIBED AS A SOCIAL PROCESS INVOLVING RESPONSIBILITY FOR ECONOMICAL AND EFFECTIVE
PLANNING & REGULATION OF OPERATION OF AN ENTERPRISE IN THE FULFILLMENT OF GIVEN PURPOSES.
• IT IS A DYNAMIC PROCESS CONSISTING OF VARIOUS ELEMENTS AND ACTIVITIES. THESE ACTIVITIES ARE DIFFERENT FROM OPERATIVE
FUNCTIONS LIKE MARKETING, FINANCE, PURCHASE ETC. RATHER THESE ACTIVITIES ARE COMMON TO EACH AND EVERY MANGER
IRRESPECTIVE OF HIS LEVEL OR STATUS.
• PLANNING IS DETERMINATION OF COURSES OF ACTION TO ACHIEVE DESIRED GOALS. THUS, PLANNING IS A SYSTEMATIC
THINKING ABOUT WAYS & MEANS FOR ACCOMPLISHMENT OF PRE-DETERMINED GOALS.
• PLANNING IS NECESSARY TO ENSURE PROPER UTILIZATION OF HUMAN & NON-HUMAN RESOURCES. IT IS ALL
PERVASIVE, IT IS AN INTELLECTUAL ACTIVITY AND IT ALSO HELPS IN AVOIDING CONFUSION, UNCERTAINTIES, RISKS,
WASTAGES ETC.
COST OF ELECTRICAL ENERGY
ORGANIZING:-
• ORGANIZING REQUIRES A FORMAL STRUCTURE OF AUTHORITY AND THE DIRECTION AND FLOW OF SUCH AUTHORITY
THROUGH WHICH WORK SUBDIVISIONS ARE DEFINED, ARRANGED AND COORDINATED SO THAT EACH PART
RELATES TO THE OTHER PART IN A UNITED AND COHERENT MANNER SO AS TO ATTAIN THE PRESCRIBED OBJECTIVES.
• THUS THE FUNCTION OF ORGANIZING INVOLVES THE DETERMINATION OF ACTIVITIES THAT NEED TO BE DONE IN
ORDER TO REACH THE COMPANY GOALS, ASSIGNING THESE ACTIVITIES TO THE PROPER PERSONNEL, AND
DELEGATING THE NECESSARY AUTHORITY TO CARRY OUT THESE ACTIVITIES IN A COORDINATED AND COHESIVE
MANNER.
• ACCORDING TO HENRY FAYOL, “TO ORGANIZE A BUSINESS IS TO PROVIDE IT WITH EVERYTHING USEFUL OR ITS
FUNCTIONING I.E. RAW MATERIAL, TOOLS, CAPITAL AND PERSONNEL’S”.
TO ORGANIZE A BUSINESS INVOLVES DETERMINING & PROVIDING HUMAN AND NON-HUMAN RESOURCES TO THE
ORGANIZATIONAL STRUCTURE. ORGANIZING AS A PROCESS INVOLVES:
1. IDENTIFICATION OF ACTIVITIES.
3. ASSIGNMENT OF DUTIES.
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