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PRINCIPLE OF MANAGEMENT MANAGEMENT An organization is commonly viewed as a group of people contributing their efforts towards certain common objectives.

The process by which organisation objectives are achieved is called management. Management is a vital element in the economic development of a country Definition Management is a function ,discipline, a task to be done and managers practice this discipline, carryout the functions and discharge these tasks .. Peter F . Drucker Management is the art of getting things done through people Mary Parker Follet Management is the creation and maintenance of an internal environment in an enterprise where individuals working in groups can perform efficiently and effectively towards the attainment of group goals.Koontz and ODonnel Management is a multi-purpose organ that manages a business and manages managers and manages worker and work . Peter F drucker Meaning Management is the effective utilization of human and material resources to achieve the objectives of the enterprise. It is concerned with the planning, organizing, directing and controlling the affairs of an organization. It has been used as a noun, as a process, as a discipline. Noun refers to the individual who perform the managerial job , managers. Process refers to series of functions like planning, organizing, controlling etc Discipline means organized body of knowledge that can be taught and researched , branch of study FUNCTIONS OF MANAGEMENT Management is what management does. Its functions are Planning ,Organising ,Staffing,Directing,Controlling PLANNING: It is act of deciding in advance what to do, when to do, how to do and who to do a particular job. It is a process which involves thinking before doing.It is the a process of looking ahead,Its primary aim is to achieve better results

ORGANIZING : The process of making orderly determination and arrangement of the tasks, functions, relation, and roles necessary for the achievement of certain goals, Its consist of following steps Determining and defining the activities Grouping the activities into convenient units. Assigning the duties and activities Delegating authority to these position and people Defining and fixing responsibility for performance Establishing authority STAFFING: It is the process of filling all positions in the organisation with adequate and qualified personnel. It consist of a) Manpower Planning b) Recruitment , Selection , and Training c) Placement d) Development, promotion, transfer and appraisal e) Employee Remuneration DIRECTING: It is the managerial functions of guiding , supervising , motivating and leading people towards the attainment of planned terget of performance, Simply say , management in action .Directing is moving to action and supplying stimulate power to the group , after planning organising and staffing, the manager has to guide and supervise to his subordinates, Its main activities are leadership , communication, Motivating ,and supervision. Directing is the continuous function and is performed at all levels of management Leadership: leadership is the process by which the executive or manager imaginatively directs or guides and influences the work of others in choosing and attaining specified goals. It is the ability to build up confidence and zeal among people and create an urge in them to be led Communication: communication means by which the behavior of the subordinate is modified and change is effected in their actions. Communication refers to the exchange of ideas, feelings, emotions and knowledge between two or more persons. Motivation: motivation is the psychological process of creating urge among the subordinates to do certain things or behave in the desired manner.it is the most important functions of management. Performance of a worker depends on his ability to do work and the motivation. Supervision: supervision refers to the job of overseeing subordinates at work to ensure maximum utilisation of resources, to get the required and directed work done and correct the subordinates whenever they go wrong. CONTROLLING: Determining what is being accomplished, evaluating the performance and if necessary, applying corrective measures so that performance takes place according to plans. Control is essential for achieving objectives of an enterprise. Control is not possible without planning and planning is meaningless without control. Its main purpose a) To establish standards of performance b) To measure actual performance c) Compare (a) and (b) , To take corrective actions