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My Understanding of Management

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My Understanding of Management
MY UNDERSTANDING OF MANAGEMENT

Firstly, what is Management?

Management is… in all business areas and organizational activities are the acts of getting people together to accomplish desired goals and objectives in an effective and efficient manner through Planning, Leading, Organizing, Controlling and Staffing organizational resources.

Management can also be defined as human action, including design, to facilitate the production of useful outcomes from a system. This view opens the opportunity to 'manage' oneself, a pre-requisite to attempting to manage others. It operates through various functions, often classified as planning, leading, organizing, controlling, and Staffing. (PLOCS)

Planning - defines where an organization wants to be in the future (today, next week, next month, next year, over the next 5 years, etc.) and how to get there. Planning means the management function concerned with defining goals for future organizational performance and deciding on the task and resources use and needed to attain them. Poor planning can lead to bankruptcy, lack of vision in perceiving market direction and demographic trends.

Leading - defines the use of influence to motivate employees to achieve organizational goals. Leading means creating a shared culture and values, communicating goals to employees throughout the organization and infusing employees with the desire to perform at a higher level.

Organization – this typically follows planning and reflects how the organization tries to accomplish the plan. The management functions concerned with assigning tasks, group task into departments and allocating resources to departments.

Controlling – checking progress against plans. It means monitoring employee’s activities, determining whether the organization is on target/track toward its goals and making corrections as necessary.
Staffing - Job Analyzing, recruitment, and hiring individuals for appropriate jobs.
Motivation is also a kind of basic

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