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Tuesday, 28 April 2015

PROCESS OF MANAGEMENT or MANAGEMENT PROCESS

Management Process is a set of systematic process for the achievement or accomplishment of pre stipulated set of Goals for an industrial or business enterprise. The overall success of any industrial or business enterprise depends on the total combined efforts of each and every individual as per the given resources of the respective unit.

In other words, we may say that Management Process or Process of Management is getting work & things performed, as is being assigned to the different individuals of the organization for the achievement or accomplishment of the Goals or Objectives.

As it has been very specifically defined by George R. Terry a prominent author in the field of management, “Management Process is a distinct process consisting of planning, organizing, actuating and controlling, performed to determine and accomplish the objectives by the use of people & resources”.

Basically the Management Process or Process of Management assimilates all the major inter related activities. Various management experts have proposed different management process depending upon their personal understanding and approach. Thus management process can be summed up in following points:
·         Planning,
·         Organizing,
·         Staffing,
·         Directing,
·         Communicating,
·         Controlling,
·         Coordinating,
·         Motivating,
·         Innovation,
·         Representation,
·         Innovation, etc
After going through the views of different authors, it can be concluded that there are seven functions of Management Process:
1.   Planning,
2.   Organizing,
3.   Staffing,
4.   Directing,
5.   Controlling,
6.   Motivation, and
7.   Coordination.


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