4 Functions of Management Process: Planning, Organizing, Leading, Controlling
Functions of management are a systematic way of doing things. Management is a process to emphasize that all managers, irrespective of their aptitude or skill, engage in some inter-related functions to achieve their desired goals.
4 Functions of management are planning, organizing, leading, and controlling that managers perform to accomplish business goals efficiently.
First, managers must set a plan, organize resources according to the plan, lead employees to work towards the plan, and control everything by monitoring and measuring the plan’s effectiveness.
Management process/functions involve 4 basic activities;
- Planning and Decision Making: Determining Courses of Action,
- Organizing: Coordinating Activities and Resources,
- Leading: Managing, Motivating and Directing People,
- Controlling: Monitoring and Evaluating activities.