Meanings-and-Functions-of-Management.pptx

This is the first competency of the subject Organization and Management which is a Specialized Subject of the General Academic Strand in Senior High School. This presentation discusses the Meanings and Functions of management.

1. Meanings and Functions of Management Management is the art and science of planning, organizing, leading, and controlling organizational resources to achieve desired objectives effectively and efficiently. It plays a crucial role in the success of any business or organization. by Michael Deniega

2. What is Management? Definition Management is the process of coordinating and overseeing the work of others to achieve organizational goals. Responsibilities Managers make decisions, allocate resources, and lead their teams to drive the organization forward. Importance Effective management is essential for maximizing an organization's efficiency, productivity, and profitability.

3. Levels of Management 1 Top Management Responsible for the overall direction and strategic decision-making of the organization. 2 Middle Management Connects top management to lower-level employees, implementing strategies and overseeing operations. 3 Lower Management Directly supervises and coordinates the work of frontline employees to achieve operational goals.

4. Functions of Management Planning Establishing objectives and determining the best course of action to achieve them. Organizing Arranging and structuring work to efficiently utilize resources and achieve goals. Staffing Recruiting, selecting, training, and developing the right people for the organization. Directing Guiding, motivating, and leading employees to achieve the desired objectives.

5. Planning 1 Goal Setting Defining the desired outcomes and objectives for the organization. 2 Strategy Formulation Developing the plans and actions to achieve the set goals. 3 Resource Allocation Determining the optimal use of resources (human, financial, and material) to implement the plans.

6. Organizing Structuring Establishing the organizational hierarchy, roles, and responsibilities. Coordination Ensuring that different departments and functions work together harmoniously. Resource Allocation Assigning and distributing resources (human, financial, and material) effectively. Delegation Empowering employees with the authority and responsibility to complete tasks.

7. Staffing Recruitment Attracting and selecting the right candidates for the organization. Training Developing the skills and knowledge of employees to improve their performance. Performance Management Evaluating and providing feedback to ensure employees meet organizational goals.

8. Directing Leadership Inspiring and motivating employees to achieve the organization's objectives. Communication Effectively sharing information and instructions with employees. Decision-Making Analyzing situations and making timely, informed decisions to guide the organization.

9. Controlling Establishing Standards Determining the performance criteria and targets for the organization. Measuring Performance Monitoring and evaluating the actual results against the established standards. Taking Corrective Action Implementing necessary changes to ensure that the organization achieves its goals.

10. Importance of Management 1 Efficiency Management ensures that organizational resources are utilized effectively and efficiently. 2 Productivity Effective management enhances employee productivity and overall organizational performance. 3 Adaptability Management allows organizations to adapt to changing market conditions and customer needs. 4 Growth Proper management is essential for the long-term growth and success of an organization.