Functions of Management

Planning  

All managers must plan, that is, setting out steps for the attainment of future organizational objectives.  It involves formulating the policies and programmes for the firm.

 

Organizing 

Organization reduces cost, time, chaos and conflicts.  Managers must obtain all the necessary tools, machinery and personnel for each task and arrange all tasks so that they are done in the most efficient manner.

 

Directing 

Managers must guide subordinates by giving them instructions to perform the tasks assigned.

 

Delegating 

Delegating duties involves giving others (e.g. supervisors) the authority to have specific tasks completed through the management of others. Therefore, supervisors will ensure that workers complete tasks assigned. Delegation reduces the workload of the manager.

 

Controlling

Managers must continually measure the activities of subordinates, ensuring that all activities conform to plan.

 

Coordinating

Managers must bring together all the various organizational tasks so that the organization may function harmoniously.

 

Motivating

Managers must inspire workers to perform their tasks well.

 

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