MANAGEMENT FUNCTIONS
Outlines:
• PLANNING
• Organizing
• Coordinating and controlling
1
, WHAT IS PLANNING?
➢Simply defined, Planning is the process
which determines what needs to be
done, who will do it, what resources will
be needed, within what time scale and
how it is to be done.
➢In an organizational context, this involves
decisions by management about:
2
, Cont…
▪ What objectives organization wants to
achieves?
▪ What actions to be taken to achieve them
(How?).
▪ When should actions be taken to achieve
them?
▪ What organizational position (who) is assigned
to do them, and
▪ Who will be responsible for actions needed?
3
, Some importance of Planning
• Focuses attention on objectives and results.
• Reduce uncertainty and risk.
• Provide sense of direction.
• Encourages innovation and creativity.
• Helps in coordination.
• Guides decision making
• Provides a basis for decentralization.
• Facilitates control etc.
4
Outlines:
• PLANNING
• Organizing
• Coordinating and controlling
1
, WHAT IS PLANNING?
➢Simply defined, Planning is the process
which determines what needs to be
done, who will do it, what resources will
be needed, within what time scale and
how it is to be done.
➢In an organizational context, this involves
decisions by management about:
2
, Cont…
▪ What objectives organization wants to
achieves?
▪ What actions to be taken to achieve them
(How?).
▪ When should actions be taken to achieve
them?
▪ What organizational position (who) is assigned
to do them, and
▪ Who will be responsible for actions needed?
3
, Some importance of Planning
• Focuses attention on objectives and results.
• Reduce uncertainty and risk.
• Provide sense of direction.
• Encourages innovation and creativity.
• Helps in coordination.
• Guides decision making
• Provides a basis for decentralization.
• Facilitates control etc.
4
