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5 Functions of Management
Rating: 4.6 out of 5(5 ratings)
715 students

5 Functions of Management

Understand the different functions and how they contribute to the overall working of the organization.
Last updated 10/2024
English
English [Auto],

What you'll learn

  • List the Various Functions of Management
  • Explain the Planning Function of Management
  • Explain the Steps in Planning Function
  • List the Characteristics of Planning
  • Explain the Staffing Function of Management

Course content

2 sections17 lectures1h 9m total length
  • Fuctions-of-Management-Introduction5:35

    Explore the five functions of management, planning, staffing, organizing, directing, and controlling, and how Perseus Inc. managers apply them to set objectives, allocate resources, and supervise performance.

  • List the Various Functions of Management0:17

    explore the core functions of management—planning, staffing, organizing, directing, and controlling—and learn how these key functions shape effective management.

  • Explain the Planning Function of Management1:28

    Look ahead and chalk out future courses of action, determining when, how, and who will perform each task to balance resources.

  • Explain the Steps in Planning Function5:14

    Learn to establish objectives and planning promises, choose an alternative course of action, formulate derivative plans, secure cooperation, and follow up with appraisal in the planning function.

  • List the Characteristics of Planning4:11

    Learn the characteristics of planning as a goal oriented, looking ahead, and continuous process that guides decision making, allocates resources, and lays the foundation for all management functions.

  • Explain the Staffing Function of Management2:04

    Explain how staffing helps managers fill roles by recruitment, selection, placement, training and development, and remuneration, ensuring the right people at the right jobs.

  • Explain the Steps involved in Staffing Process4:01

    Plan the manpower inventory to forecast future needs. Recruit, select, orientation and placement, training and development, remuneration, performance evaluation, promotion and transfer.

  • Explain the Steps in Manpower Planning4:06

    Analyze the current manpower inventory, forecast future needs, and develop employment and training programs using a systems approach to manpower planning, including recruitment, selection, and placement.

  • Explain the Steps of Employee Selection Process3:26

    Explain the employee selection process from preliminary interviews to screening, application banks, written tests, employment interviews, medical exams, appointment letters, and finally orientation and placement.

  • Explain the Methods of Training2:06

    Explore on-the-job and off-the-job training methods, including job rotation, coaching, vestibule training, workshops and seminars, to develop employees through learning by doing for new roles and career growth.

  • Describe the Methods of Employee Remuneration3:30

    Explore time rate and piece rate remuneration, their effects on output, quality, morale, supervision, and costs, and examine how organizing coordinates resources to achieve results.

  • Explain the Steps of Organizing Function Process5:58

    Identify activities, group them into departments, classify authority, and establish a clear hierarchy to enable coordination, specialization, well-defined jobs, and growth through organized structure.

  • Describe the Principles of Organizing4:34

    Explain the principles of organizing, including specialization, functional definition, span of control, scalar chain (scala chain), and unity of command, to help managers decide and organize effectively.

  • List the Features of Controlling Function3:06

    Drive effective management by using controlling to verify conformity with plans and standards, identify deviations, and take corrective actions to achieve planned goals.

  • Explain the Steps of the Controlling Process3:37

    Explore the steps of the controlling process as a management function: establish standards, measure performance, compare with targets, analyze deviations, take remedial actions, and follow up.

  • List the Characteristics of Direction Function15:52

    Explore the directing function as the heart of management, guiding, inspiring, and supervising workers to achieve goals, drawing on human factors, continuous activity, and its motivational, integrative, and resource-utilization benefits.

Requirements

  • No prior knowledge is required

Description

FIVE FUNCTIONS OF MANAGEMENT -  DIFFERENT PERSONS, DIFFERENT ROLES!

Who Should Enrol in this course?

Anyone who is interested in learning about this concept can Enrol in this course.  Students pursuing MBA, Post Graduates, Freshers, Working Professionals and Management Personnel can join this course.

Why Should You Enrol in this course?

This course gives you a clear picture about the  5 different functions of management - Planning, Staffing, Organizing, Controlling and Directing.  To understand the management of any organization, it is very important to understand the different functions that are performed by management and how they contribute to the overall working of the organization.

What you will learn from this course?

You will learn the following from this course:-

•List the Various Functions of Management

•Explain the Planning Function of Management

•Explain the Steps in Planning Function

•List the Characteristics of Planning

•Explain the Staffing Function of Management

•Explain the Steps involved in Staffing Process

•Explain the Steps in Manpower Planning

•Explain the Steps of Employee Selection Process

•Explain the Methods of Training

•Describe the Methods of Employee Remuneration

•Explain the Steps of Organizing Function Process

•Describe the Principles of Organizing

•List the Features of Controlling Function

•Explain the Steps of the Controlling Process

•List the Characteristics of Direction Function

How is this course structured?

This is a comprehensive course which teaches you all the basic and advanced concepts of Functions of Management.

The entire course is divided into 15+ modules all in video formats. The course begins with an interesting introduction part which emphasizes the need to learn this skill and covers all the basic points. As the course progress various important and advanced concepts are also covered.

Real life examples and case studies are used to explain the advanced concepts and to make the course interesting. The entire course is explained using simple English. Images/Icons and infographics are used to add value to the content and make the course interesting.

How you will get benefitted from this course?

After learning this course, you will become a Master in this skill. This course gives an good insight about the steps involved in staffing process, Manpower planning etc.


DON'T MISS THIS OPPORTUNITY! ENROL SOON AND START LEARNING!

Who this course is for:

  • Operations Managers
  • Management Personnel
  • Management Students
  • Supervisors and Managers