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Managerial Functions
By jacobkuttyta
Managerial Functions
The functions which describe managerial job, when put together, make up the management process. This process is analyzed into key functions of management viz., planning, organizing, staffing, directing and controlling. Planning, organizingand controlling which deal mostly with non-human aspects are known as mechanics of management, whereas staffing and direction which are primarily concerned with human aspects constitute dynamics of management. In the conceptual scheme, though the functions are listed out in a sequence, I practice they are interlocked as a system. As all functions are not equally important for all managers, time spent by them for each of these functions varies according to their levels in the organization. These functions has been discussed below: 1. Planning: Planning refers to anticipate the opportunity, problems and conditions and choosing from among the alternative future courses of action. The planning process generally includes the following activities. 1. Forecasting is looking ahead to anticipate the opportunity, problems and conditions in a future period of time. 2. Establishing objectives means setting the end results to be accomplished by directing organizational efforts. 3. Programming is establishing sequence and priority of actions to be followed in the attainment of the objectives. 4. Scheduling is deciding on time sequence for program steps. 5. Budgeting is allocation of resources to minimize costs. 6. Establishing procedures means developing and applying standardized methods of performing a specific work. 7. Developing policies involve establishment and interpretation of standing decisions that apply to repetitive questions and problems of significance to be organization as a whole. 1. Organizing function: The...

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