KOONTZ AND WEIHRICH ESSENTIALS OF MANAGEMENT PDF

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Planning involves selecting missions and objectives as well as the actions to achieve them. Planning involves decision making. The decisions require commitment of resources — human and material. Organizing Planning identifies and prescribes actions to achieve the objectives of the organization.

These actions have to be split into tasks that can be accomplished by equipment and man combinations. The men have to be grouped and managers have to be assigned to groups to help the operators with daily plans, training, material flow, coordination with other groups etc. Staffing Staffing involves filling, and keeping filled, the positions in the organization.

This is done by identifying workforce requirements, inventorying the people available, and recruiting, selecting, placing, promoting, appraising, planning the careers of, compensating, and training or otherwise developing recruits and job holders. Leadership is interpersonal aspect of managing. Leader needs followers. People tend to follow those who offer means of satisfying their own needs, wishes and desires. Leading involves concepts and processes of motivation, leadership styles, and communication.

Controlling Controlling is observing and correcting actions to make sure that they follow designed processes and measuring and correcting individual and organizational performance to ensure that events conform to plans. Managerial functions at different organizational levels All Managers carry out all managerial functions. Top level managers spend more time on planning and organizing and direct and control middle mangers. Middle managers take more active role in staffing and direct and control supervisors or first level managers.

First level managers spend more time in directing and controlling the activities of front line employees who actually produce products or services. Managerial skills Conceptual skills Business Model — Market, Technology and Financial Returns Human skills Technical skills Problem solving skills Solving challenges that appear periodically by analyzing the problem and synthesizing the solution. The solution is to be tested and validated. Management Methods.

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Download: H. Koontz, And H. Weihrich, Essentials Of Management:.pdf

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