Management is to solve problems and ensure the smooth running of the business. The most important functions of management are planning organizing, directing and controlling.
Planning is to determine how the present objectives and mission has to be accomplished. Planning involves the overall objective of the organization as well as how to achieve the present target. Planning has to be through and should include solutions to the problems that may arise later. Planning should be very clear and has to aid decision making.
Organizing involves the division, coordination of tasks. It also involves the flow of information as well delegation of responsibility. A good manager should know what his subordinates are capable of and assign the tasks accordingly.
To recruit people and select the right people for various tasks, training them, and evaluating them, is also an important part of management. They should be grouped into teams that are capable of achieving the goals set for them.
You have to direct and motivate people to accomplish the tasks. Effective communication and leadership are essential. It should help the organization to accomplish its goals. The individuals should also be helped to achieve their career objectives.
The processes have to be controlled, so that the plans are executed to get the desired results. It is also necessary to see whether changes have to be done mid-course. If there are any problems, remedial measures have to be taken.
