Management: Planning, Organizing, Influencing, Controlling

Summary

This document provides an overview of management principles, focusing on the four major functions: planning, organizing, influencing, and controlling. It emphasizes achieving organizational goals effectively and efficiently through the utilization of human and other resources. The definitions of the management functions namely planning, organizing, influencing and controlling are outlined.

Full Transcript

Management is a process of achieving organizational goals in an effective and efficient manner by utilizing human and other resources, applying the four major functions of planning, organizing, influencing, and controlling. In ways that is socially, ethically, and strategically correct. Planning: It...

Management is a process of achieving organizational goals in an effective and efficient manner by utilizing human and other resources, applying the four major functions of planning, organizing, influencing, and controlling. In ways that is socially, ethically, and strategically correct. Planning: It is the process of identifying organization goals and finding ways of achieving them. Organizing: It is the process of allocating resources and setting up systems to achieve those goes. Influencing: It is the process of motivating employees towards achieving organization goals. Controlling: It is the process to ensure that the goals are achieved in the given parameters.