Management is getting things done through and with others. It is planning,organising,staffing,directing and controlling of human and other resources of an organization so that both short-term and long-term objectives of a company can be achieved with economy,efficiency and effectiveness. It`s functions are- 1.Planning 2.organising 3.staffing 4.directing 5.budgeting, 6.reporting 7.controlling
You need your budget to be functional or else you might as well get rid of it. A functional budget can help you to stay on track and know where your money is.
development of human relations principles. behavioral approach to management. focus on human needs and individual differences framework of planning, organizing, leading, and controlling
Every manager, irrespective of the industry, organization or level of management, engages in planning, organizing, staffing, coordinating and controlling functions within an organization.
Leadership is directing, influencing, motivating, guiding the subordinates to perform for a common goal. Management is planning , organizing, staffing, directing and controlling the whole organization to bring efficiency, effectiveness and economy in business.
Baseline budgeting facilitates integrating the planning and controlling of projects by providing the baseline budget itself. Having a baseline budget?æplan with time phases allows better project planning.
Planning, Controlling, Directing and Motivating, Controlling
Planning and controlling are like siemese twins thus inspararble discuss
Planning originates controlling : The controlling process and technique is decided by planning.Controlling sustains planning : It is the controlling, which directs and diverts the course of planning. Controlling invites our attention to those areas, where planning is necessary.Controlling provides statistical information for planning : The measurement and comparison of actual performance requires preparation of certain statistical information and reports which provide basis for sound planning.Planning is theoretical, whereas controlling is practical : Both planning and controlling are the two sides of the same coin. Both of them aim at achieving the maximum objectives of the business. Planning prepares plans and controlling works on it.Planning and controlling both are inter-related or interwoven : Without controlling planning is not complete. Planning is the basis of Controlling can be exercised only with reference to and on the basis of plans. Unless the management is able to fix in clear terms the objectives of the organization, and can chart out a course of action, effective controlling is impossible.Thus, planning and controlling are mutually interrelated and interdependent activities.Controlling measures plans: Controlling measures are taken in accordance with the pre-determined plans, programmes and targets.Planning and controlling, both are forward looking :Both planning and controlling aim at the future prospects of the business.
planning may be looking ahead whilst controlling is ensuring the planning comes to a sucessful conclusion
Contingency planning facilitates the transition to crisis action planning.
To what extent is planning 'backward looking'
To what extent is planning 'backward looking'
Planning Organizing Leading Controlling
Planning and Controlling
Planning and controlling are like siemese twins thus inspararble discuss
Planning, organizing, Staffing and controlling