Management Principles and Functions

Management is the process of interrelated functions that designs and maintains an environment in which personnel working together in groups accomplish efficiently selected aims.

The four main functions of management are planning, organizing, leading, and controlling.

Organizing is the process by which established plans are moved closer to realization, involving the determination of how activities and resources are to be assembled and coordinated.

The purpose of an organizational structure is to create an environment for the best human performance.

Leading is the skill of influencing people for a particular purpose, creating a positive attitude towards work and goals among organization members.

The key processes involved in leading include direction, motivation, communication, and coordination.

Controlling is the function that ensures that the management process maintains an environment where personnel can work together efficiently.

Managerial levels include managers, executives, administrators, and supervisors, with varying scopes of authority and types of problems dealt with.

Duties of managers include administrative tasks, delegating tasks, managing employees, hiring and staffing teams, training and developing employees, and monitoring finances.

The four types of managerial skills are technical skill, human skill, conceptual skill, and design skill.