Function Management

Function Management

1. Planning involves setting objectives and determining a course of action for achieving those objectives.

-the stem of all management functions

-the most critical of all management functions

-must have vision and mission, strategy and objectives

Steps in Planning Function

1. Establishment of Objectives
2. Establishment of Planning Premises
3. Choice of alternative course of action
4. Formulation of derivative plans-secondary plans
5. Securing Cooperation
6. Follow up/ Appraisal of plans

TYPES OF PLANS

1. Strategic

-Executive Level Managers- establish long range objectives and overall strategy to fulfill firm’s mission

- 3-10 years forward looking

- sustainability

1. Tactical

-short range strategy implementation

-1-2 years

- environmental change-periodically updated

1. Operational

-very short term, actionable, specific

-individual or in group in 1 month, 1 week or a day- achieve tactical plans

Organizing Function

-systematic process of structuring

-coordinating task goal and activities to resources in order to attain goals

5 STEPS OF

ORGANIZING FUNCTION

1. Identification OF Activities
2. Assignment of Responsibilities-division of labor individually to identify specifically to their respective jobs
3. Branding of the activities
5. Establishing relationship- through meeting with rank and file employees

CHARATERISTICS

-Specialization and division of work- assign responsible to each components

-Orientation towards goals

- Composition of individuals and groups-work is coordinated towards organizational goals

- Continuity

PURPOSE:

-Facilitates growth and diversification- adapt to changes and expansion of business

-Optimum use of resources

-helps to achieve organization goals

-perform managerial functions- directing

-human treatment of employees

APPLICATIONS

-Structure- framework of how organization defines

-Work specialization and delegations

-Chain of Command-overall responsibility for the use of orders and directions

-Authority, responsibility and accountability- make decisions to achieve desired outcomes

ORGANIZATIONAL DESIGN

--Strategy