Management as a Process
Management is defined as a process as it involves a set of functions that are interrelated and ongoing. By ongoing, it means that these functions donâ€™t follow a linear path where one activity is completed and then passed on to the next step. These activities keep continuing and repeating. It is interrelated as each function influences how the other function is to be performed. The role of the management is to ensure that all these functions and activities are performed effectively and efficiently.
Functions of Management Processing
Management processing consists of four primary functions. We will be discussing each of them below.
Planning: Planning refers to determining the organizational goals and also the resources and activities required to achieve that goal. It helps the management in defining what the future of the company should be and chalking out the necessary steps to get there. A strategic plan is one that bridges the gap between what the company is right now and what it will become. On the other hand, a tactical plan is one that determines the required actions, the personnel who will be doing it, and the resources required to do it.
Organizing: After the plans are made, organizing helps in making decisions to implement the plans successfully. It involves assigning responsibility and authority to different departments along with the allocation of resources as required by different teams and departments. It also defines how the activities of different individuals and groups are to be coordinated.
Leading: No matter how good the planning and organizing of a company is, it wonâ€™t bring in good results if the people of the company donâ€™t support or execute the plan. That is where the role of the leader comes in. They use their personality, knowledge, and experience to motivate the employees to give their best in achieving their goals. The managers should also make sure that the plans are communicated throughout the organization. They can also give rewards or punishment to make employees work towards the objectives.
Controlling: In any organization, things rarely go as planned. Managers need to keep an eye over how exactly the plan is shaping. Controlling refers to observing and responding to different situations. It is the process of monitoring the activities, performance measuring, comparing the outcome with the set objectives, and making changes as and when necessary.
Controlling is very important to the management process as it helps them keep the functions on track. By monitoring the performance, managers are always aware of whether everything is going as planned or not.
Management Processing – Features
Some of the important features or characteristics of the management process are:
i. Continuous: The process never stops. It is continuous and ongoing.
ii. Universal: Irrespective of the size of the organization, a manager needs to perform the same functions to achieve the goals.
iii. Interrelated: Each function in the management process is related to the other and the performance of one function affects the other.
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