The five functions of management include:
Planning is the core area of all the functions of management. It is the foundation upon which the other three areas should be build. Planning requires management to evaluate where the company is currently, and where it would like to be in the future.
Management must organize all its resources in order to implement the course of action it determined in the planning process. Through the process of getting organized, management will determine the internal organizational structure; establish and maintain relationships, as well as allocate necessary resources.
Through directing, management is able to influence and oversee the behavior of the staff in achieving the company's goals, as well as assisting them in accomplishing their own personal or career goals. This influence can be gained through motivation, communication, department dynamics, and department leadership.
Controlling is the last of the four functions of management. It involves establishing performance standards based on the company's objectives, and evaluating and reporting actual job performance. Once management has done both of these things, it should compare the two to determine any necessary corrective or preventive action. It involves setting the standards, identification of actual results, comparison of actual results with desired or standard results, identification of problems if desired results are not achieved and taking corrective actions so that actual performance match with expected results.
Some ways technology affect managerial communication are:Managers in different areas can communicate via chat and video chat over the Internet.Managers can be reached no matter where they are via cell phones.Manangers may attend meetings via online meeting software no matter where they are in the world.Online presentations can offer visual aids to online meetings.
Information-Retrieval Systems (IR) Search large bodies of information which are notspecifically formatted as formal data bases.Web search engine Keyword search of a text base Typically read-onlyDatabase Management Systems (DBMS) Relatively small schema Large body of homogeneous data Minor or no deductive capability Extensive formal update capability Shared use for both read and writeKnowledge-Base Systems (KBS) Relatively small body of heterogeneous information Significant deductive capability Typical use: support of an intelligent application.
The informative function refers to communication that aims to provide facts, knowledge, or data to convey information to others. It is focused on sharing details, explanations, or updates to educate, inform, or clarify a topic.
Senior leadership, in collaboration with the information security team and HR, should decide where the information security function should be located in the organizational structure. Factors such as reporting lines, strategic alignment, and resource allocation should be considered when making this decision.
Function-based information typically refers to data generated and used within a specific function or department of a business, while an integrated information system involves the integration of data from various functions or departments into a single system for improved communication and collaboration. Integrated information systems allow for more efficient data sharing and analysis across the organization, resulting in better decision-making and overall operational effectiveness.
analysis internal influence new business
managerial - of or relating to the function or responsibility or activity of management,(or)Relating to supervision and responsibility.
wachners managerial functoions
The three basic managerial function includes planning, organizing and leading. Actually there is four.
leadership characteristics relate to the managerial function by doing there tasks during the problems.
leadership as a managerial function drives all other functions.
The administrative function is the function of actually administering the law as declared by legislators and interpreted by the judiciary branch of government (Prof: Willoug By).
Planning
In microeconomics, a production function asserts that the maximum output of a technologically determined production process is a mathematical production of input factors of production.
The attention-directing function of managerial accounting information directs managers' attention to issues that need their attention (i.e., it highlights successful or problem areas).
Relation between managerial tasks and managerial levels
Discuss the difference between managerial and non managerial tasks?