Course Content
OVERVIEW OF MANAGEMENT
Definition and importance of management Functions of management Managerial roles Evolution of management thought Types of management environment
0/6
PLANNING FUNCTION
Meaning and importance of planning Principles of planning Purpose of planning Types of plans Planning tools Process of planning Planning challenges Making plans effective Management by objectives
0/10
ORGANIZING FUNCTION
Meaning and Importance of Organizing Structure and Designs of Organizations Principles of Organizing Process of Organizing Delegation Coordination Centralization and Decentralization Informal Organizations
0/9
STAFFING FUNCTION
Meaning and Importance of Staffing Human Resource Planning Recruitment and Selection Training and Development Performance Management Reward Management Separation
0/8
DIRECTING FUNCTION
Meaning and Importance of Directing Leadership Motivation Communication Group Dynamics Conflict Management
0/7
CONTROLLING FUNCTION
Meaning and Importance of Controlling Elements of Control Characteristics of Effective Controls Control Process Role of Control in an Organization Tools of Controlling
0/7
STRATEGIC MANAGEMENT
Overview of Strategic Management SWOT Analysis Strategy Formulation Strategy Implementation Strategy Evaluation
0/6
EMERGING ISSUES AND TRENDS
Organization Culture Ethics and Social Responsibility Managing Innovation and Change Diversity and Inclusion Corporate Governance Globalization
0/7
Principles and Practices of Management
About Lesson
  1. The establishment of objectives: Control presupposes benchmarks against which actual results will be measured. Standards do not control in and of themselves, but they are the benchmarks against which performance can be compared.
  2. Actual performance evaluation: The operation’s outcomes are measured and compared to industry standards. In an ideal world, the measurement would allow deviations to be discovered ahead of time and avoided by taking necessary action.
  3. Variances analysis: Actual performance will be compared to standards to reveal variances. To decide which deviations are critical and must be remedied, some criteria must be established. The reason for critical deviations is determined, as well as their influence on the organization.
  4. Adopting corrective measures: Control refers to taking action based on measuring and evaluating outcomes.Self-regulating methods should be employed whenever possible to bring actual results back in line with the requirements.
0% Complete
error: Content is protected !!

Pin It on Pinterest