Tuesday, June 4, 2019

Features Of Controlling Function Business Essay

Features Of unequivocal Function Business EssayManagement is a a universal phenomenon which mean a concept understood by everyone. Management enables to use the available resources efficiently it is purposive activity which have a purpose or a reason behind to each one and every function .In an effective trouble goals are pre-determined ,which kernel the goals which should be achieved by the organization is finalized earlier by the top direct precautionManagement is important for a business for the spare-time activity reasonsTo maintain the internal environment of the company.To target the work done effectively and efficientlyBasic administration things which are equal to each employee. Eg check in/check out time, application for leave. honor equal treatment in the management . should be treated equally regardless of gender, religion etc.Espirit de corps enjoy the working environment.Nature of management is a serial process which means interaction with the rungs or collea gues every(prenominal) day we have to interact or speak with the raft we work with.natureof management enables to provide information from one person a nonher, vertically or horizontally . Vertical communication takes place when information is transferred from top level management to the buffer level staffs or from the lower level staffs to the top level managementHorizontal communication takes places when an information is transferred with in the same level employees. For an example if a supervisor transfers an information to another supervisor, then it is kn admit as horizontal communication.This similarly known as decisional activity .it involves sustained decision making to clasp the issue and the problem arised in the company. In order to implement action decision postulate to be taken first. This also known as social activity.Management contain of for function they arePlanningOrganizingLeading and tellControllingPlanningThe flowing is the process of the planning.Classi fying the problem marking the main task to be done.Establishment of object.Establishment of planning premises, these are the assumptions made to solve the problem. plectron of alternative, if a plan fails gouge switch to the alternative plan.Formulation of derivative plans, no need of changing the whole only some parts could be adjusted.Arranging timing and sequence of the operations.Secures Co-Operation Secures Relationship between the works and top level managements.Follow -Up/appraisal of plan_ This means Others are allowed give feedback regarding the plan. Planning enable stable running of the company and future victimisation and success of the company (prosperity). This also enables innovation Creativity of new Ideas and can achieve better co-ordination from the employees.Organizing Organizing means putting the right things in the right place and right person in the right place to get the work done properly.Organizing is the first step of implementation.Its because we are physically grouping and dividing the work force.Function of organizingAct as a frame work within which people can work together effectively.There are actually three areas if objectives or aims.First is the Organizational objective Planning emphasized in the whole thing.Departmental objective- Different departments will have different objectives.Individual objectives each and every employee will have his/her own objective of completing the task given.Finally all the objectives facilitated by the different departments enable to gain the organizational objectives.Organization is important for a company for the following rescores.Allows optimum we of rescores- Using the maximum rescores which is actually needed, Without wasting the resource or using it lessClarifies authority to perform managerial functions.Managerial function means decision making and giving orders and instruction to the sub ordinates and scalar chain refer to the way people are arranged in an organization.Facilitat es growth and diversification of business easily. It enables to know how much of the resources would be needed.Leading and directingThis refers to giving instructions and guidelines to achieve a pre determined goal.Leading and directing is an important managerial function.Leading and directing helps the organization in the following ways.Building an effective working climate.Creating opportunity for motivation.Supervising to make sure employees are behaving well.Scheduling, tasks given to each employee are finished on a given time.Disciplining, code of conduct/formal relationshipDirecting is state to be the heart of management process. directing is important to make sure that weather sheets are working. Some characteristics of directing are as followsPervasive functionRequired of all level of organizationEvery manager provides guidelines and inspiration to his sub ordinates however, there should be someone to direct even the supervisors just like the subordinatesContinuous activit yDirection is a continuous activity as it continues through out the life of the organizationDirecting is needed till you achieve the goal.Creative activityDirecting helps to convert plane in to performance planes(written words ) are implemented (Physically) this means words are converted into physical action during the process of directing . without this function people become inactive and resources are meaninglessControllingChecking current performance and standard performance -goals are met and performance are satisfactory. Controlling is a continuous process which enables to find out how the employees perform. This is also used to make sure the top level management is also doing their handicraft properly .Establishment of standards measuring stick of performanceThe working environment of the work place should be goodCommunicating with the higher level managementExtend of deviationTaking nonindulgent actionsFeatures of Controlling FunctionFollowing are the characteristics of ty rannical function of management-Controlling is an end function-A function which comes once the performances are made in conformities with plans.Controlling is a pervasive function-which means it is performed by managers at all levels and in all type of concerns.Controlling is forward lookingbecause effective control is not possible without past being controlled. Controlling always look to future so that follow-up can be made whenever required.Controlling is a fighting(a) processsince controlling requires taking reviewal methods, changes have to be made wherever possible.Controlling is related with planningPlanning and Controlling are two inseperable functions of management. Without planning, controlling is a controlling succeeds planning.Q4) Planning processContains of the following pointsClassifying the problem- identifying and defining the problemEstablishment of objectives- what do you want to achieve/creating aimsEstablishment of planning premises- assumptions/plans could be ch anged.Choice of alternative course of action- change into an alternative plan.Formulation of derivation plan- no need of changing the whole plan, only some parts of the plan could be changed.Arranging timing and sequence of operationsSecuring cooperations- securing the relationships between the workers and top level management.Follow up / Appraisal of plan- allow others to give feedback.Stability-stable running of the company. (controlled by the management).Prosperity-future development and success.Innovation and creativity- new ideasBetter co ordinationEnsures commitment-giving your 100%Acts as an aid to business system.Q5) management is getting things done by organizing things.Warren Bannis said Managers do things right, leader do the right things.Peter Ducker said , Management is doing thing right, leadership is doing the right things.Management- making the most efficient use of human, physical and financial resources to achieve given objectives, involving and planning, monitorin g, coordinating and reviewing activities.Ian Smith, MD, Oracle Management is a science which can be taught while leadership cannot and leadership is more brisk in modern business.Role of managementSetting objectives and planningOrganizing resources to achieve objectivesCommunicating to and motivating staffCoordinating activitiesMeasuring and controlling performanceleaders influencing others to achieving desired aims and objectives leaders set the agenda that managers follow. Leadership depends on three things viz. individual, follower,condition.Leadership decides on the direction of the company as per objectives and inspiring the staff to achieve them. Leadership is an important quality of a successful manager. Employees want good leaders and will respond positively to their direction. Some people entrust that leaders are born while others believe that leadership can be developed through training.Good leaders shall have the following characteristics inseparable confidence and des ire to succeedAbility to think creatively and encourage others to do so.Talented in multiple disciplines and handle such discussionsSkill to identify the key issue and isolate other issuesQ6) According to Herzberg, in order o increase employee satisfaction level, there are two important factors which needs to be present.They are motivation factors and hygiene factorsHygiene factorsFactors that needs to be present as an initial motivator for employees to achieve objectives.Motivation factorFactors that can be implemented or used to increase employee motivation level. these are the factors that can be practiced by the organization.Motivation individualsFacilitates goal achievementGets job satisfactionSelf-development always want to prove yourselfCreates a dynamic teamMotivation businesscreates empowered teams to whatever the work is, employees are willing to bang the task.Input given by each employee is increasedWith high motivation high challenges better performance level.

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