FUNCTIONS OF MANAGEMENT- HENRY FARYOR

P.O.S.D.CO.RB

                                       P                 PLANING

                                       O                 ORGANIZING

                                       D                 DERECTING

                                       CO              CO ORDINATION

                                       R                 REPORTING

                                       B                 BUDGETING

PLANING

·        Planing is deciding in advance

o   What to do

o   When to do

o   How to do

·        Planing ia a systematic thinking  about way & means for acconplishment of predetermind goals.

ORGANIZING

·        Indentification of activities

·        Classification of group of activities

·        Assingnment of duties

·        Delegation of authority and creating of responsibility

·        Coordinating acthority and responsibility relationship

STAFFING

·        Man power planing

·        Training and development

·        Remuneration

·        Performance appriasal

·        Promations and transfer

DIRECTING

·        Supervision

·        Motivation

·        Leadership

·        Communication

CONTROLLING

·        Estabishment of standard perfomance

·        Measurerement of action performance

·        Comparision of actual performannce with the standard and finding out deviation if any

·         corrective action

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