LABMAN Prelim Lesson 2

Management is variously defined as a

what one is supposed to do or must do

• function approach

• role approach

(what one is actually doing)

• function approach

• role approach

PIE approach

Fayol noted managers at all levels, operating for profit or not for profit organization, must perform each of the functions of:

POSDCORB

PER

was the first to describe the four managerial functions when he was the CEO of a large mining company in the later 1800’s.

deciding on the objectives of the organization and the need to modify on existing objectives (if appropriate)

• Planning

• Organizing

• Controlling

• leading

allocating resources to attain these objectives

• Planning

• Organizing

• Controlling

• leading