Definition and functions of management

organization

assigning tasks, setting aside funds, and bringing harmonious relations among the individuals and work teams in the organization

effectiveness

defined as being adapted to produce an effect or being able to do things correctly / being engaged in activities that will help the organization attain its aims

efficiency

defined as the character of being able to yield the maximum output from a minimum amount of input / the optimal use of scarce resources (human, financial, physical and mechanical) in order to bring about maximum productivity

coordination

defined as the harmonious, integrated action of the various parts and processes of an organization

management

designing and maintaining an environment for efficiently accomplishing selected aims

planning

determining the organization's goals or performance objectives, defining strategic actions that must be done to accomplish them, and developing coordination and integration activities

controlling

evaluating and correcting the performance of the individuals or work teams to ensure that they are all working toward the previously set goals and plans of the organization

staffing

filling in the different job positions in the organization's structure

planning, organization, staffing, leading, controlling

functions of management

leading

influencing or motivating subordinates to do their best so that they would be able to help the organization attain their set goals

management

process of coordinating and overseeing the work performance of individuals working together in organizations, so that they could efficiently and effectively accomplish their chosen aims or goals.

coordination, efficiency, effectiveness

the management functions will all go to waste if _____, _____, and _____, are not practiced by an organization's appointed managers