Professional Documents
Culture Documents
By Sai Dutta Panda Sai Shiva Kumar Santosh Reddy Rahul Ranjan Vijay Sai R
Functions of Management
Planning, Organizing, Leading, Staffing & Controlling Planning
defining goals and objectives deciding what type of activities the company will
engage in determining the resources needed to achieve the organizations goals & objectives.
Leading
Attracting people to the organization.
Staffing
Importance of hiring the right person Objective is to match applicant with job requirements Peer involvement What are the advantages and disadvantages of internal hiring
Training addresses a specific skill (CPR, AED) Education broader set of capabilities (right now) Skills get rusty People get bored Must keep employees interested and current A learning organization is one skilled at creating, acquiring and transferring knowledge
Organizing
Directing, motivating, and communication with
Controlling
Monitoring performance of people & units. Provision of feedback or information about
Whats A Policy?
A policy is a guiding principle used to set direction in an organization. It can be a course of action to guide and influence decisions. It should be used as a guide to decision making under a given set of circumstances within the framework of objectives, goals and management philosophies as determined by senior management.
On the basis of
Broadness
Organizational Departmental
Origin
Basic Appealed Imposed
Freedom
General Specific
Clarity
Written Oral Implied
Evaluation of policies
Merits Saving time Guidance to subordinates Determination of decision limits Convenience in coordination Increase in confidence in subordinates Demerits Policies are solutions for all problems Are only guidance not final decisions Lack of freedom
Purpose of organizing
Divides work to be done into specific jobs and departments.
Divisional structure Composed of separate business units or divisions with limited autonomy under the coordination and control the parent corporation.