MANAGEMENT FUNCTIONS
MANAGEMENT FUNCTIONS
Management is an important element in the growth of a country. Management is essentially an organized effort whether it is a business activity or a non-business activity.
Management determines the very existence of the organization. It is the dynamic life giving element of the organization. The society has various faces like government, suppliers, competitors, unions, customers etc. The manager is the spokesperson and the negotiator spending much of his time to predict and influence the future environment.
The managerial activities helps us to select the correct objectives, examine, developing the policies, procedures, and to choose the right course of action. Management knows how to organize the the people.
Human resources management involves selection of the right person for thejob.It also includes providing a good working climate, so that the employees get the total satisfaction from their work. This department works as a motive component to the workers by rewarding them and to achieve the enterprise objectives.
Leadership is one of the section in the management that influence the people, so they will contribute to organization and group goals. Controlling department plays an important role in establishing standards of measurement, identification of the deviations and Correction of deviations. Co-ordination is regarded as an important function of a manager as it achieves harmony among the individuals, effort towards accomplishment of the objectives. Several concepts and approaches have been developed in the field of Decision-making.
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