PRINCIPLES OF MANAGEMENT: PROCESS OF MANAGEMENT BY OBJECTIVES

Management by Objectives is a systematic practice very useful in achievement of   departmental and organizational goals. A number of processes or small steps are implemented during the Process of Management by Objectives. Few are illustrated in brief as follows:-

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PRINCIPLES OF MANAGEMENT: MANAGEMENT BY OBJECTIVES

Meaning

Management by Objectives is not a management technique but a total Goal specific management. We may say that it follows the practical aspects of management. This concept has been developed on the human factors of cooperation, understanding and coordination.

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COORDINATION: PRINCIPLES OF MANAGEMENT / MANAGEMENT PROCESS

Coordination as a process is mutual understanding to achieve predetermined goal of industrial or business organization utilizing all the factors of production. The development of harmonious,

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CONTROL: PRINCIPLES OF MANAGEMENT / MANAGEMENT PROCESS

An important process is Control, which keeps the whole system in check so that it moves as per the pre defined parameters.  Control determines the actual status with respect to the planned performance.

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MOTIVATION: PRINCIPLES OF MANAGEMENT / MANAGEMENT PROCESS

Motivation is a very important activity of Management Process. Motivation basically is an urge from inside the worker or employee to perform efficiently and to the best of their individual capacity.

Motivation generally breaks the inertia of employee having an internal feeling & thought to perform minimum activities

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DIRECTION : PRINCIPLES OF MANAGEMENT: MANAGEMENT PROCESS

Direction is a major activity of Management Process. It is regarded heart of administrative behavior of management.

This is one of the basic art of getting thing performed by human beings. Direction involves set of steps and activities to direct in a proper and systematic order and course.

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STAFFING: PRINCIPLES OF MANAGEMENT / MANAGEMENT PROCESS

PRINCIPLES OF MANAGEMENT: MANAGEMENT PROCESS: - Element - Staffing

Another important activity of Management Process is Staffing.

Staffing is basically selection, training, development and assessment of the human factor present in any unit or organization. A unit or organization is composed of

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ORGANISATION: MANAGEMENT PROCESS / ELEMENT OF MANAGEMENT

Organization is another major important activity of Management Process.

Organization, itself is a group of dedicated people regarding certain specific pre stipulated set of Goals in an industrial or business enterprise.

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PLANNING: MANAGEMENT PROCESS / ELEMENT OF MANAGEMENT

Planning is one of the major activities of Management Process. It is a thinking and decision making process which aims at forecasting the future and determining the course of action to face the future and achieve the pre-determined objectives of the organisation. It is a continuous process.

By planning we mean to determine the finiteness of decision making. Basic questions are raised during the process, which ultimately lead to reach at the amicable solutions. Some of the basic Questions are given below as:

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FUNDAMENTAL & ELEMENTS / FUNCTIONS OF MANAGEMENT

Activities like, planning, organizing, controlling, coordinating and motivating are described as the fundamental functions of “Process of Management” or “Management Process”. These are the basic five elements of Process of Management Process. 

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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.

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