PRESTIGE INSTITUTE OF MANAGEMENT

AND RESEARCH GWALIOR

FUNCTIONS OF MANAGEMENT

PRESENTED BY: -

PRESENTED TO :- ASMI BHATTACHARYA – 09

SHIKHA AGARWAL - 49
ASST PROF.
SHIVAM SHUKLA - 50
JITENDRA PRATAP SIDDHARTH SINGH -51
SINGH
TOPICS TO BE COVERED ?

• DEFINATION OF MANAGEMENT
• MEANING OF MANAGEMENT
• FUNCTIONS OF MANAGEMENT
• DIRECTING
• PROCESS
• CONTROLLING
• PROCESS
DEFINATION OF MANAGEMENT:

• "Management is the art of getting things done through and with people in
formally organised groups.”
BY HAROLD KOONTZ
• “Management is the coordination of all resources through the process of
planning, organizing, Directing and controlling in order to attain the
objectives of the organization”
BY F.W. TAYLOR
• “Management is a Multipurpose Organ that manages a Business , Manages
Managers, and manages Managers work”
BY PETER F DRUCKER
MEANING :

• Management is the process of planning and

organizing the resources and activities of a
business to achieve specific goals in the most
effective and efficient manner possible.
• Efficiency in management refers to the
completion of tasks correctly and at minimal
costs.
• Effectiveness in management relates to the
completion of tasks within specific timelines to
yield tangible results.
FUNCTIONS OF MANAGEMENT:
MEANING OF DIRECTING :

• Directing function of management is concerned with Instructing, Guiding,

Inspiring and motivating the employees in the organization so that efforts
result in achievement of Organizational Goal.
• After the Staffing Function the right person is placed at the right position in
the organization. But actual work begins only when these persons get
instructions from their superiors.
• Directing means supervising the employees when they are performing the job,
motivating them to perform more efficiently and leading them towards the
achievement of Organizational Goal.
NATURE/ FEATURES OF DIRECTING :

• Directing initiates action

• Continuous Function
• Directing Takes place at Every
Level
• Directing Flows from top to
bottom
• Performance Oriented
• Human Element
IMPORTANCE OF DIRECTING :

• TO INITIATE ACTION
• TO INTEGRATE EMPLOYEES
EFFORTS
• MEANS OF MOTIVATION
• BRING STABILITY AND
BALANCE IN THE
ORGANIZATION
• TO FACILITATE CHANGE
ELEMENTS OF DIRECTING :
 CONTROLLING :

• Controlling is the process of comparing the actual performance with the standards set by the
company to ensure that all the activities are happening according to the plan and if any
deviations are found, then corrective action needs to be taken.
CONTROLLING PROCESS :

Setting up of
standard

Measuring Of
Feedback
Performance

Comparing
Taking Corrective performance
Measures with Actual
performance
Analyzing
the
Deviations
ANY QUERY ?