What are the seven 7 basic functions of a controller?
What Are The Seven Functions Of Management
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Main 7 functions of management include Planning, Controlling, Directing, Organizing, Staffing, Coordinating and Motivating. These are the key 7 functions of management also known as managerial functions of management with examples . In this case you are not far from actualities because these are the functions of management. 7 Functions of management with examplesNow that we have ascertained what we regarded as tasks are actually the functions of management, let us look at them one after the other. 1.PlanningPlanning This is arguably the most common tool in management. Planning is what a manager does first before any work kicks off. While most people think managers have it easier than any other worker, they (managers) are presented with the burden of identifying the best way available for executing a job. Fredrick Taylor’s scientific management principles involve finding the easiest and most efficient ways of doing work. ALSO READ: Four principles of scientific managementThis is no easy fix as in some cases it means a manager inventing new ways of executing the job. Having identified how the work will be done, the manager then has to figure out, among the existing workforce, who is the best man for the particular job. Again this is not as easy as calling out a name and presenting them with a list of things they have to do. Some jobs require specialized skill sets and there is need to hire qualified personnel. Companies are not always soft on managers when this comes up. Remember their main thrust is profit maximization. When these have been figured out, managers have to determine when the work will be done and the most acceptable amount of time needed to complete the job. 2. Controlling
Human resources are the most difficult set in any organization given the natural resistance that usually grows when a fellow human being is in control. Managers are continuously riding an emotional rollercoaster. Controlling sometimes means cutting down on workforce or sending away underperforming staff is a way of explaingin functions of management with examples.
3. Directing
This process is quite similar to the controlling function of management and it is also continuous. It flows from the top most of the organization’s hierarchy to the bottom. 4. Organizing
While executing the organizing process, managers ought to pay attention to details because an ill- organized company births losses from mismanaged, resources, incomplete tasks and even problematic insubordination. 5. Staffing
Managers need to make sure they hire “the right workers” who are qualified and fit for the job. In the event that the workload overburdens existing staff, new workers may be on the cards. Some workers are highly efficient such that they deserve promotions when positions up the organizational hierarchy become vacant. 6. Coordinating
Bigger corporations have more departments than smaller ones, translating to more coordination as the organization grows. The famous saying goes “No man is an island.” It is also true in the organization as no worker can successfully do jobs without their colleagues. The same applies with interdepartmental coordination. Managers are at the helm of this coordinating function which cascades from the top of the hierarchy. 7. Motivating
Some companies have customs in place that are laid down for motivation. These include bonuses, awards and even publicized notes of acknowledgement. Today, mankind is so into the internet and social media. I personally have seen big companies using this space to post messages about their businesses including praising their outstanding employees. Acknowledgement is just but one of the means by which managers motivate workers.
The remainder are driven by the desire to receive these incentive but on the other hand, the initial winners do not want to lose these spoils. This births positive competition within the organization and before you know it, tasks are completed in a timely manner and sometimes records are broken to the delight and prestige of the organization. What remains the same are the basics known to the7 functions of management since the discovery of the field in business circles. Similar Content!
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