1. PRINCIPLES OF
MANAGEMENT
TOPIC: FUNCTIONS OF MANAGEMENT

3. Definitions:
“Management is knowing exactly what you want man
to do and to see that they do it in the best and the
cheapest way.”
-Fadrick taylor
“ Management is a multipurpose organ that manages
the business, manages the manager, manages the
worker & work.”
-Peter Drucker

4. Functions of management:
PLANNING
ORGANISING
 LEADING
CONTROLLING

5. PLANNING
Planning is a process of thinking about &
organizing the activities required to achieve
desired goals.
Planning involves creation & maintenance of
plan.
Planning is forecasting the future picture by
the collected data.

6. Features of Planning
Planning focuses on achieving goals.
Planning is the primary function of mgt
Planning is continuous.
Planning is futuristic.

7. ORGANIZING
According to GEORGE TERRY, “organization is
like systematic arrangement & implementation of
functions is required to achieve goals.”
Organizing determines how to distribute resources
,how to organize employees & identify roles, delegate
authority & provide direction.

9. DIRECTING
Directing means connect on interpersonal level,
communication, motivating, inspiring,&
encouraging to improve the productivity.

10. Features of Directing
 It initiates action.
 It is continuous.
 It is at every level
 It flows from top to bottom.

11. CONTROLLING
Controlling in general mean evaluating the
results against goals, taking corrective actions &
setting performance standards.

12. Elements of controlling
Establishing standards of performance.
Measuring performance.
Taking corrective actions.

13. ????

14. “COMING TOGETHER IS
A BEGINNING,KEEPING
TOGETHER IS PROGRESS
& WORKING TOGETHER
IS SUCCESS.”