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Function of management, Lecture notes of Industrial management

A short and easily understand notes about function of management

Typology: Lecture notes

2022/2023

Available from 08/23/2023

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Functions of Management:
Planning: Involves selecting the objectives and actions to achieves them planning stage involves
decision making and choosing future courses of action from the various alternatives
Organizing: Role of each person in any organization is fixed. The concept of role is who will be
doing what should be known, to achieve organizational targets efficiently. It is intended that all
the tasks necessary to achieve targets are assigned to people who can do the best.
Staffing: Staffing function includes keeping the various organizational position fixed. This
activity is done by identifying work force requirements, keeping the records of the performance
of people working with the organization. So that suitable people can be prompted and at the same
time people performing not up to the mark could be send for training. If all the above activities
are taking place in nice way in any organization, it will give rise minimum work force turnover.
Directing: Directing means influencing people, so that they will contribute to the organization
targets directing involves motivation, leadership styles and proper communication.
Controlling: It is the process of comparing the plans with the results. If there is deviation attain
taken to be bridge the gap between plan and actual results. Coordinating: The essence of
management is the achievement of coordination among people coordination is a complex process
following the principles by which organization activity can be accomplished. Coordinative is
possible oniy if all the personnel working in the organization accept the target of the
organization. This target must be clearly defined and concerned. Evolution of Management
Theory: Good management intends to achieve an objective with the least use of man, machine,
money and material and at the same time maximum satisfaction of the participants.
Taylor’s Scientific Management: The utility of scientific methods to problems of management
was first introduced by F.W.Taylor
Definition: Scientific management may be defined as the “Art o what is to be done and the best
way of doing it”. Scientific management is the result of applying scientific knowledge and
scientific methods to the various aspects of management and the problems that arise form them.
Principles of Scientific Management: Taylor through his principles of scientific management
initiated a system in which there would be an effective and fruitful coordination and cooperation
between the management and the workers.

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Functions of Management: Planning : Involves selecting the objectives and actions to achieves them planning stage involves decision making and choosing future courses of action from the various alternatives Organizing : Role of each person in any organization is fixed. The concept of role is who will be doing what should be known, to achieve organizational targets efficiently. It is intended that all the tasks necessary to achieve targets are assigned to people who can do the best. Staffing : Staffing function includes keeping the various organizational position fixed. This activity is done by identifying work force requirements, keeping the records of the performance of people working with the organization. So that suitable people can be prompted and at the same time people performing not up to the mark could be send for training. If all the above activities are taking place in nice way in any organization, it will give rise minimum work force turnover. Directing : Directing means influencing people, so that they will contribute to the organization targets directing involves motivation, leadership styles and proper communication. Controlling : It is the process of comparing the plans with the results. If there is deviation attain taken to be bridge the gap between plan and actual results. Coordinating: The essence of management is the achievement of coordination among people coordination is a complex process following the principles by which organization activity can be accomplished. Coordinative is possible oniy if all the personnel working in the organization accept the target of the organization. This target must be clearly defined and concerned. Evolution of Management Theory : Good management intends to achieve an objective with the least use of man, machine, money and material and at the same time maximum satisfaction of the participants. Taylor’s Scientific Management: The utility of scientific methods to problems of management was first introduced by F.W.Taylor Definition : Scientific management may be defined as the “Art o what is to be done and the best way of doing it”. Scientific management is the result of applying scientific knowledge and scientific methods to the various aspects of management and the problems that arise form them. Principles of Scientific Management: Taylor through his principles of scientific management initiated a system in which there would be an effective and fruitful coordination and cooperation between the management and the workers.